# Can blockchain prevent the problem of counterfeit drugs?

- Channel: [European Blockchain Convention](https://streameth.org/european-blockchain-convention)
- Date: 2022-10-09
- Duration: 58:44
- Topics: Blockchain, DLT, Distrikt, bitcoin, privacy, socialnetwork
- Watch: https://streameth.org/watch/yt-S-lR2M5gQkQ
- YouTube: https://www.youtube.com/watch?v=S-lR2M5gQkQ

## Description

As the illegal trade of counterfeit drugs trade continues to rise, various technology-based solutions will continue to develop. Although blockchain is at its nascent stage, it can play a pivotal role to flatten the curve. If adopted, blockchain can vastly limit the impact of fake medicines in the global market by revolutionizing supply chains.