Ltd. has partnered with StaTwig, a Singapore- and Hyderabad-based digital supply chain solutions provider, to implement ‘VaccineLedger’ globally.
The partnership aims to roll out blockchain-based traceability solutions for global vaccine delivery, predict and prevent failures in supply chains, including problems related to expired vaccines, stockouts and counterfeiting. They will also work towards building global consortia of vaccine researchers, pharma companies, distributors and healthcare workers.
- StaTwig will leverage Tech Mahindra’s go-to-market expertise, including access to sales and customer network, domain experience, balance sheet support, resource scale and system integration knowledge.
- Tech Mahindra has also invested in co-development and testing of various enterprise security modules for the mobile and web application, to support the unique requirements from manufacturers and state governments.
“Our strategic partnership with StaTwig will enable supply chain participants with a single application to enhance traceability, and chain of custody,” said Rajesh Dhuddu, blockchain and cybersecurity practice leader, Tech Mahindra. “This will not only ensure safety and validity of vaccine supply but also helps in adherence to complex regulatory requirements, set up by Drug Administration Authority in any country,” said
VaccineLedger is an open source platform designed to perform end-to-end traceability at vial level for vaccines in the global supply chain. It prevents the need of replacing the existing system, therefore, removing the barriers of adoption. It can easily integrate with existing systems and show immediate results in the countries where it is deployed.
“With VaccineLedger, we are aiming to redesign and re-engineer the traditional supply chain information systems to give continuous visibility and complete traceability,” Sid Chakravarthy, founder and chief executive, StaTwig. “With VaccineLedger, vaccine manufacturers and governments can work together to prevent counterfeiting, cold-chain failures and stockouts.”
StaTwig is a UNICEF Innovation Fund Portfolio startup and the World Economic Forum Global Innovator focused on solving supply chain issues.Internet Explorer Channel Network