ACG Inspection introduces blockchain-based platform

ACG Inspection – one of the four businesses of ACG Group, has launched an advanced blockchain-based solution that meets and exceeds traceability and anti-counterfeiting requirements in the pharmaceutical supply chain. The company’s Brand Security Platform combines GS1 2D Data Matrix, smart contracts, geolocation identification, and product biometrics tracking to ensure the whereabouts and contents of packaged medicines are tightly monitored through their entire supply chain journey from manufacturer to end-user. The comprehensive new system offers a seamless, uncompromisingly transparent experience to all stakeholders along the supply chain, simplifying the overall process through distributed ledger technology and single ownership. It is designed to overcome several longstanding obstacles to advanced traceability, including the challenges of establishing single-owner data sets, and the prevalence of digitally broken supply chains stemming from, among other issues, struggles with GS1 universality, personnel error and new business models disrupting traditional procedures. ACG Inspection’s solution has three primary components, each of which can be incorporated individually or bundled based on customer needs. The customizable products also are scalable, amounting to geolocation solutions that can…

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