Li Xiaolai, one of China’s best known virtual currency entrepreneurs who has 290,000 followers on the microblogging site Weibo, wrote on Monday that he believes the technology can help improve transparency. Li said
“If the entire vaccine supply-chain was to use the token-free blockchain solution to record everything from start to finish, then most of the problems in drug safety could be solved,”
Waltonchain, which offered to proffer solution to the scandal, says it will provide traceability solution to vaccine developing enterprises without charging any fee. This will enhance and standardize the control of each link of vaccine supply chain, such as production, sales and transportations.
It added that it will also provide safe and reliable living environment for people throughout the world if the idea is adopted.
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