Farmatrust: the insurance future of the pharmaceutical industry

If the value of blockchain technology is trust, what better way to prove it than to gain the confidence of our own health? That's an important part of Farmatrust!

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"The vast majority of people have good intentions", those are the words of Daniel Larimer in his eagerness to show that the possibility of altruistic self-government exists through the belief in ourselves as human beings. However, it's undeniable that we are tied to our own idiosyncrasy which, for multiple reasons, pushes us to act unthinkingly; that also happens in the falsification of medicines.

Who is its sane mind could believe that a drug manufacturer intends to spoil the people of the world? No one. As long as we start from the preconceived idea that "who works well, has the providence in their hands." But, actually it happens!

"1 in 10 medical products circulating in low- and middle-income countries is either substandard or falsified."

-Rae Ellen Bichell

It's known that everything related to health, but especially medicines, represents one of the most affluent industries worldwide. At the same time, it's one of the most necessary, at least until the human being can be exempt from getting sick (impossible? We'll see). Meanwhile, there are many people who have taken charge of putting their hand in the illicit market of drugs with the intention of falsifying them and thus collect a portion of the great cake that represents the use of drugs worldwide.

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As an incentive to restrain this industry of vile swindlers, Farmatrust has taken the best of blockchain technology and incorporated a new, attractive and radical way to regain confidence in the pharmaceutical industry.

Why Farmatrust is innovative?

After the launch of Bitcoin and everything related to blockchain technology, we have experienced a technological revolution in a few years, during which we have seen the intrinsic benefits of this new way of viewing exchanges and negotiations between third parties. Smart contracts have completely changed the idea of intermediaries and new companies have seen in the blockchain a way to purge their own existence, since transparency being the main characteristic of the blockchain, allows a well-made job to be praised by all people. In that sense, many companies have chosen to incorporate the blockchain to their working model, moving away little by little from the conventions and Farmatrust is the vanguard in terms of the pharmaceutical industry.

Through Farmatrust we will be witnesses of the entire procedure through which medications pass from their manufacture to the final consumer. Reducing transportation costs and even optimizing the complaint process, as it significantly reduces the chances of receiving an anti-counterfeit or counterfeit drug that doesn't meet the requirements demanded by the consumer.

"FarmaTrust has created a platform which eliminates counterfeit drugs, creates efficiencies in the pharmaceutical industry, and allows the purchase of genuine drugs anywhere and online. Built on blockchain, our system utilizes artificial intelligence and big data analysis."

Here you can read the full WhitePaper

Scope:

As is usual in blockchain technology, the limits are our own minds and the protocols derived from them. Therefore, there is no room to minimize the importance of the initiative created by Farmatrust given that there are no barriers that prevent the free operation of this service. At Farmatrust, all legal parameters established by nations to validate the quality of medicines are met. In addition, to provide the consumer with full security that the medicine will not present any type of alterations because it will be backed by a technology that allows safeguarding the safety of the product from the first port to the last one.

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Trust is the greatest value that can be gained in this race to provide the world with better benefits and Farmatrust is not afraid to venture into this goal. That's why it stands as the navigator explorer who wants to sail the seas of the world to demonstrate that we can live in a society where health is not a luxury, but the most important of rights, so the fight against counterfeiters is so valuable.

The fight against counterfeiting:

As a final point and of great importance, we have that thanks to the initiatives of Farmatrust we can mitigate the high cost of human lives that result from counterfeit medicines.

"Estimates put the number of counterfeit drug victims, resulting in death, are in the range of 120,000 to 1,000,000."

To read the complete information go here.

Therefore, Farmatrust not only provides us with the possibility of validating the quality of our medicines through constant and absolute monitoring of products but also directly confronts mafias that seek to destroy the pharmaceutical industry by creating medicines of dubious origin and outside of quality standards.

It could even be said that from this initiative, the world is offered two wonderful qualities from the blockchain technology: the security of our health and the security of our society facing the harmful organizations.

Open to the world:

Finally, Farmatrust offers its users the possibility of contacting them directly with any questions. Another of the most pleasant qualities offered by the blockchain to which Farmatrust is incorporated, because through different platforms such as Telegram, Reddit and other social networks a curious user can inquire directly with the company without the need to create extensive forms filled with many targets.

Although many companies nowadays also apply this type of methods so that their users can approach, usually they are only advertising facades. Farmatrust is quite the opposite, that is why they are shown as the vanguard in everything related to this type of services.

The best way to prove it is by joining, let's go for it!

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In addition to showing all the benefits that Farmatrust aims to offer the world, this post participates in the most recent Writing Contest of @originalworks.

I invite you to participate, it's a way to show the world the latest news farma2018.