T nod for StaTwig’s blockchain resolution | Hyderabad News – Times of India

Hyderabad: To guarantee protected supply of Covid-19 vaccines, the Telangana authorities has advisable to the Union well being ministry that it will possibly discover the utilization of Blockchain resolution — Vaccine Ledger — by Hyderabad-founded startup, StaTwig, Telangana industries principal secretary Jayesh Ranjan mentioned on Wednesday.
He mentioned the utilization of Blockchain would assist the federal government stop counterfeiting or smuggling of vaccines. “They are yet to decide on it but they have appreciated the technology…,” Ranjan mentioned throughout a digital session on ‘Combating Counterfeiting and Smuggling during the Covid-19 pandemic and beyond’ carried out by Federation of Indian Chambers of Commerce & Industry (FICCI) on Wednesday.
He mentioned that the state authorities has been exploring the utilization of Blockchain expertise to cease counterfeiting of excessive worth prescription drugs like most cancers medicine.
Besides, additionally it is engaged on utilizing this expertise to concern instructional certificates or levels with a Blockchain stamp to curb menace of pretend levels. Ranjan mentioned the federal government is making an attempt to cease counterfeits in handloom sector by engaged on AI-based sample recognition expertise to establish actual merchandise.

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