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FarmaTrust

FarmaTrust

FarmaTrust is a London-based company founded by Raja Sharaf in 2017.

OverviewStructured DataIssuesContributors

Contents

farmatrust.com
farmatrust.io
Is a
Cryptocurrency
Cryptocurrency
Company
Company
Organization
Organization

Company attributes

Industry
Healthcare
Healthcare
0
Blockchain
Blockchain
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Cryptocurrency
Cryptocurrency
Big data
Big data
Machine learning
Machine learning
Software development
Software development
Blockchain and cryptocurrency
Blockchain and cryptocurrency
...
Location
London
London
United States
United States
B2X
B2B
B2B
CEO
Raja Sharif
Raja Sharif
0
Founder
Raja Sharif
Raja Sharif
AngelList URL
angel.co/chain-ph
Pitchbook URL
pitchbook.com/profiles...469116-82
Number of Employees (Ranges)
11 – 50
Email Address
contact@farmatrust.com
Full Address
81 Chancery Lane, London WC2A 1DD
Investors
Rouge International
Rouge International
Pecunio
Pecunio
Founded Date
2017
0
Total Funding Amount (USD)
2,000,000
Latest Funding Round Date
April 2018
Board of Directors
Raja Sharif
Raja Sharif
Latest Funding Type
Seed
Seed
Wellfound ID
chain-ph

Cryptocurrency attributes

Consensus Mechanism
Proof of authority
Proof of authority
Ticker Symbol
FTT0
Genesis Block Date
December 1, 2017
Block Explorer URL
etherscan.io/token/0x...44df4c0dc
ethplorer.io/address/...44df4c0dc
Announcement URL
bitcointalk.org/index.php

Other attributes

Company Operating Status
Active
Cryptocurrency Symbol
FTT0
Wallet
coinbase.com/wallet/
crypto.com/defi-wallet/
argent.xyz
metamask.io
ledger.com
trezor.io

FarmaTrust is an Artificial Intelligence company implementing blockchain technology to introduce complete transparency in the pharmaceutical industry. The company aims to create an efficient pharmaceutical supply chain, eliminate counterfeit, and reduce costs for consumers. FarmaTrust works with pharmaceutical companies, distributors, NGOs, and Law Enforcement agencies.

Introduction to FarmaTrust.

Product

FarmaTrust is a platform built with blockchain technology with artificial intelligence and data analysis to create transparency in the pharmaceutical supply chain from manufacturers to the patients. The blockchain technology allows secure verification of data with immutable evidence which prevents tampering of information. FarmaTrust gives every product a digital Compliance Tracking (CT) token with a serialized product key which is used to track it throughout the logistic process. Every transaction information and history is made available instantly with real-time data for verification by the blockchain.

The technology links manufacturers, regulators, suppliers and consumers to hold everyone responsible for their operation. Tracking of every product with blockchain prevents counterfeits and misuse of the pharmaceutical product during its lifetime. FaramTrust’s “Zoi” platform enables interoperability with manufacturers and regulatory bodies to make sure products are regulatory compliant and safe for consumers. If any problem arise, regulators can track each product through the blockchain to determine which products are to be recalled. This control makes the pharmaceutical supply chain more reactive to events.

The transparency in the supply chain makes it easier to track how and when the product reaches the customers. Since every product is tracked, chances of illicit products entering the supply chain can be avoided. Current systems do not employ inter-operable technology among pharmaceuticals, distributors, and regulators, so they are unable to track the products throughout the supply chain. This problem correlates to possible drug shortages and illegal products entering the supply chain.

The pharmacies or a patient can verify the authenticity of the product by scanning the product identification information labeled on the product. The app is named “Consumer Confidence App” and is freely available for download. Being interlinked and real-time, if a regulator or manufacturer has labeled the product as unfit or has inconsistencies during its transaction history, the consumer is alerted to return the product.

History

The company was founded in 2017 and is headquartered in London, England.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

FarmaTrust - Saving Lives Using Blockchain and Artificial Intelligence

Carlos Terenzi

https://www.coinstaker.com/farmatrust-initial-coin-offering/

Web

FarmaTrust -- Saving Lives with Blockchain and AI

Donnie.darko

https://www.yours.org/content/farmatrust-%E2%80%94-saving-lives-with-blockchain-and-ai-024d13fc138b

Web

FarmaTrust Explainer Infographic

https://www.youtube.com/watch?v=oEYAoHAK5sg

June 1, 2018

FarmaTrust ICO: Global Tracking System for the Pharmaceutical Industry

Oliver Dale

https://blockonomi.com/farmatrust-ico/

Web

FarmaTrust Introductory Video

https://www.youtube.com/watch?v=FhmO2tnLoE8

December 28, 2017

References

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