Farmatrust is the block chain platform which is made for the solution of problems in pharmaceutical companies whether it is customer problem or consumer problem.
FarmaTrust is the most efficient global tracking system which provides security to the pharmaceutical companies, governments, regulators and the public, that counterfeit drugs do not enter the supply chain.
WHAT IT ACTUALLY DO:
This block chain will allow the tracking of drugs from customer to consumer and will insure that it is like as it is stated and whether it is safe or not. Farmatrust will insure every company to adopt their workplace so that they can track their working steps ranging from pharmaceutical companies, production of drugs, government license and end consumers.
PROBLEMS:
There may be many problems involved in drugs occupation but Farmatrust has indicated two main problems.
PROBLEM 1:
A lot of frauds are there in many pharmaceutical companies for making improper drugs. Every year 120,000 to 1,000,000 people die due to use of unsafe and simulated drugs
PROBLEM 2:
Also these drugs are so costly that not everyone can avail it. Pharmaceuticals basically charge for their supply chain process from their consumers which go to very high cost of drugs.
FARMATRUST BLOCK CHAIN SOLUTION:
Farmatrust block chain will cleverly track all the supply chain process from production to end consumer so that consumer can quality of these drugs from start to end, can realize its real price and can be kept safe from being defrauded. Farmatrust will allow pharmaceutical companies to automate the reporting process, cutting out the extra expenses incurred in the process.
FTT & ZOI TOKENS:
Farmatrust works on FTT & ZOI tokens. FTT can be kept in order to buy ZOI tokens. These tokens are internal currency of Farmatrust platform in which ZOI tokens can be used to buy their services for tracking of any supply chain process.
OVERVIEW OF FARMATRUST:
Farmatrust is the block chain for drugs tracking so that the services made by pharmaceuticals from production to end user can be done in a better way. Every year many people die because of simulated drugs or having no approach to expensive drugs. Farmatrust will allow these consumers to monitor tracking of these drugs from production, government license and taxation and then to end consumer by which consumer will be able to examine the quality and cost. By the help of this block chain many problems of fraud and high costs will be decreased. Services of Farmatrust for tracking can be used by the help of ZOI tokens which is internal currency to be used for Farmatrust services.
For a quick introduction, check out this video:
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