June 13, 2019 / 12:23 PM / 2 months ago

Walmart, Merck in blockchain collaboration with FDA

June 13 (Reuters) - IBM Corp, Merck & Co, KPMG and Walmart Inc said on Thursday they will be a part of U.S. Food and Drug Administration's pilot program that will explore using blockchain to identify, track and trace prescription drugs.

The companies said they would create a shared blockchain network to allow real-time monitoring of products in the pharmaceutical supply chain. (Reporting by Tamara Mathias in Bengaluru; Editing by Shinjini Ganguli)

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