This ranking is based on the total market capitalization of farmatrust coin FarmaTrust (FTT), which currently stands at approximately $ 11.6M. We offer charting from TradingView which is industry standard and has all the indicators and tools you are looking for when you are doing advanced FarmaTrust trading. Thank you, Najib and Raja, for sharing your insights on blockchain & AI in pharmaceutical and healthcare. If you have any comments or suggestions on how we could improve, please don’t hesitate to add a comment below. If you’d like to ask Antony a question, feel free to add a comment below and we’ll get him over to our site to answer your questions.
FTT Price Live Data
For instance, we can look at the Telecoms industry as an example of this, they are using mobile internet and installing mobile phones everywhere – going straight to wireless technology. You look at the fact that mobile phone payments in Africa are huge, much more common than here in the UK. That would be all good if it wasn’t for the fact that the price per token will rise significantly once the public sale opens after the launch of alpha version.
What is the total supply and circulating supply of FarmaTrust (FTT)?
Checkitsreal delivers validation tags (NFC chips, RFID, QR codes, Holograms) and verification services to all market sectors, including pharma, apparel, foodstuffs, consumer electronics, cosmetics, beauty products and toiletries. Checkitsreal is the only app available today which allows anyone, anywhere, instantly validate the authenticity of a product using their smartphone. Product manufacturers purchase checkitsreal products and QR codes using CIRTokens. We have identified and are already working on solving a problem, whereas many others in this area have either invented a new concept, or a new framework, and then have to work out how to implement it.
We have a great use-case, coupled with pitching it to a market that has a financial incentive to get on board with our product. Then we have David A. Cohen, our Chief Technology Adviser at FarmaTrust. David is internationally renowned for his pioneering work in the Decentralized Software industry, Digital Currency and Blockchain industry. He was the founder and CEO of Infotility, and also a former IOTA Foundation member. David is currently founder and Chairman of dcntral, a blockchain-based Cybersecurity company as well as advisor on the Machine Economy for Hashgraph. Last but by no means least, there is Mike Barbarelli, our senior software developer.
- These are just some of the guys on our team, but there are plenty more who do great work for us.
- In the second quarter, they extended the management team, adjusted the team structure, added new IT members, and explored financing options.
- The exact team behind FarmaTrust has not been publicly disclosed; however, the project was spearheaded by business and tech professionals with significant experience in blockchain technology and the pharmaceutical industry.
- Anant Advantages provides a low-cost easy-to-use product that allows patients to check the authenticity of the product even before the purchase decision.
Solana’s HumidiFi to Launch WET Token on Jupiter’s DTF ICO Platform: Here’s the Timeline
With blockchain if all the parties have an agreement, a consensus around what the distributed dataset looks liken, then it’s very difficult to game the system. Insilico MedicineUSAPrivately HeldOur Mission is to extend healthy longevity through innovative AI solutions for drug discovery and aging research. We aspire to be a leader in the field of deep learning for drug discovery, personalized healthcare, and anti-aging interventions. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc. You can use our conversion table to see how much FarmaTrust (FTT) you can buy with €1 based on real-time exchange rates.
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The unique value proposition of FarmaTrust lies in its targeted efforts to combat the global problem of counterfeit medication. It leverages blockchain technology to create secure and efficient pharmaceutical supply chains which can help save lives. FarmaTrust operates on the Ethereum blockchain, leveraging the power of smart contracts. Each individual package, batch or shipment of a medication is assigned a unique cryptographic identifier. This identifier is then used to record and track all the steps in the supply chain journey of the medication, from the manufacturer to the consumer.
By implementing our software on the Pharmaceutical supply chain, we can secure the chain, decrease the cost and prevent counterfeit drugs. With a working product already developed, FarmaTrust is positioned to be a significant asset to people and companies around the world. The use of tracking and the blockchain to verify pharmaceuticals should successfully catch counterfeit drugs and dramatically reduce the risk of these reaching consumers. With the additional services, such as automated audits, FarmaTrust will likely provide benefits for all parties involved. The journey of FarmaTrust began in 2016, when the team identified the problem of counterfeit drugs, researched the pharmaceutical market, and conducted deeper research into the issue. By the end of the second quarter, the team had researched the blockchain, how it works, and available platforms to find the best one.
- The team will also extend the deep learning machine and continue developing microservices.
- We have identified and are already working on solving a problem, whereas many others in this area have either invented a new concept, or a new framework, and then have to work out how to implement it.
- This means that anyone, anywhere, will be able to scan a pharmaceutical product and then be able to tell if it is the real deal.
- This is something that we can solve for them, because we are tackling it throughout the supply chain – at all the different points.
Ep. 66 – Blockchain & AI in Pharmaceutical & Healthcare – insights from FarmaTrust
So, all packs in developed markets now have to have an individual identity that therefore makes the use of distributed ledger technology quite suitable for this challenge NOVILYTIC, LLCUSAPrivately HeldNovilytic is a biochemistry analytics company that secures lifesaving drugs. The company is backed by strong partnerships with large analytical companies, artificial intelligence leaders and pharmaceutical consortiums. Our potency is extended by the Novilytic team, which includes multiple Ph.D. chemists and engineers who have helped us secure significant patents and other intellectual property. Our business plan will increase those forces to ensure we meet customer, market and regulatory demands. CyphemeFrancePrivately HeldCypheme is an artificial intelligence solution capable of detecting counterfeit products by analyzing the product’s packaging with a neural network, using only a cellphone camera.
The system can also prevent fraudulent returns and waste via expired drugs. FarmaTrust aims to revolutionize the pharmaceutical industry by providing tracking information via the blockchain. Its fully functional method gives security to everyone involved in medicine, including the public, pharmaceutical companies, regulators, and governments, by confirming that no counterfeit drugs enter into the supply chain. These companies need more visibility over their products worldwide, because it is hard to keep track of them, with all the different systems, in different jurisdictions etc. This is something that we can solve for them, because we are tackling it throughout the supply chain – at all the different points.
People
At the same time, Mongolia’s location between two countries with a history of issues related to counterfeit medicine (Russia and China) makes it an even better location. FarmaTrust is an efficient system that can function with your legacy software and hardware, making it much easier for pharmaceutical companies to start using it. The system accounts for international regulations and complies with them. It also provides data security for both the public and corporations. One of the things, is that we don’t emphasise the blockchain issue – it is a tool within the total offering.
With help from the blockchain and artificial intelligence, FarmaTrust hopes to do more than just get rid of counterfeit medicines. The team also hopes to provide automatic audits, automatic payments, and automate regulatory compliance. This will improve efficiency and transparency within the supply chain. One of the goals is “just in time” delivery for the drugs, which will lead to an even distribution worldwide in areas that need it, preventing price spikes.
They will be piloting a year-long project that will prevent creating and distributing counterfeit medications. The project extends to both nongovernmental and governmental agencies in the country. FarmaTrust’s CEO explained that the multinational collaboration combines emerging technologies like the blockchain to secure and optimize the supply chain in the pharmaceutical industry. People can be scared off by blockchain, due to the Bitcoin negativity. Therefore, we need to educate people, our partners, on the separation between bitcoin and blockchain, and the benefits and safety of blockchain.