Evidence map›Paper›PMID 38715760›Full record

ArticleBlockchain in healthcare today2024

Blockchain Applications in the Pharmaceutical Industry.

Mark Gaynor, Kathleen Gillespie, Allison Roe, Erica Crannage, J E Tuttle-Newhall

Abstract read
In one paragraph

Article in Blockchain in healthcare today, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

5 authors.

Mark GaynorCollege of Social Justice and Public Health, Saint Louis University, St. Louis, Missouri, USA.
Kathleen GillespieCollege of Social Justice and Public Health, Saint Louis University, St. Louis, Missouri, USA.
Allison RoeCollege of Social Justice and Public Health, Saint Louis University, St. Louis, Missouri, USA.ORCID https://orcid.org/0009-0008-8141-6273
Erica CrannageAssociate Professor, Pharmacy Practice, University of Health Sciences and Pharmacy, St. Louis, Missouri, USA.ORCID https://orcid.org/0000-0001-8509-9609
J E Tuttle-NewhallDepartment Chair of Surgery, East Carolina University, Greenville, North Carolina, USA.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Methods: We utilized a 4D framework using ease of implementation, novelty, necessity, and fit of the overall industry to examine the adoption of blockchain technology in the pharmaceutical industry. Based on the 2D framework of difficulty and novelty as driving factors for the development of foundational technologies in the world of business by Iansiti and Lakhani, each application was ranked and scored for the best potential implementation. The potential applications proposed in this paper can be grouped into two main categories. The first category, management, includes best-use cases, such as health records, clinical trials, and inventory systems. The second category, monitoring, highlights cases, such as pharmaceutical products, preventing counterfeits, optimizing supply chains, and addressing prescription misuse and abuse. Results: Each application was ranked by the four metrics in the framework, giving the greatest weight to necessity and ease of implementation. Using the highlighted methodology earlier, the applications for best implementation include Prescription Drug Misuse and Abuse Prevention, Prevention of Counterfeits, Clinical Trial Outcomes, and Smart Contracts. Conclusion: Blockchain technology offers a new and promising solution to the pharmaceutical industry's needs. To promote the most appropriate use, each application of blockchain technology must fit within the framework of necessity, ease of implementation, familiarity amongst stakeholders, and fit of the overall industry. By using the extended framework proposed by Iansiti and Lakhani, we show how blockchain, in all these domains, shows promise to improve pharmaceutical industry performance.

Indexed as

4D frameworkblockchain applicationsblockchain technologyclinical trialshealth recordsinventory systemspharmaceutical industryprescription misuse and abuse

Identifiers

PMID38715760
PMCPMC11073477

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.