About

Chronicled enhances supply chain management using blockchain technology, particularly for the pharmaceutical industry. Their system records every transaction and movement of goods in a secure, tamper-proof ledger, which helps verify the authenticity and origin of products. Chronicled works with businesses that handle physical goods, integrating blockchain solutions into their existing operations to improve transparency and security. Unlike many competitors, Chronicled focuses specifically on the pharmaceutical sector, providing tailored services such as software development and system integration. The company's goal is to ensure efficient and secure supply chains while generating revenue through service fees, subscriptions, and transaction fees.

Simplify's Take

What believers are saying

• MediLedger's expansion into hospital systems enhances healthcare contract management.
• Chronicled's partnership with Deloitte accelerates blockchain adoption in life sciences.
• artCOA Inc. collaboration aims to develop new uses for MediLedger.

What critics are saying

• NABP acquisition may reduce Chronicled's control over MediLedger's future development.
• Hospital systems may resist MediLedger integration due to existing IT infrastructure.
• Leadership change with new CEO may disrupt ongoing projects and partnerships.

What makes Chronicled unique

• Chronicled uses blockchain to enhance transparency in pharmaceutical supply chains.
• MediLedger Network is a primary blockchain-based network in healthcare and life sciences.
• Chronicled integrates blockchain solutions into existing systems for seamless operations.

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