22 Healthcare supply chain powered by SSI
by Daniel Fritz and Marco Cuomo
For many industries, tracking and monitoring movement of goods in global supply chains is a key priority, sometimes even a regulatory requirement. Daniel Fritz and Marco Cuomo, innovation leaders at the Swiss-based pharmaceutical company Novartis, outline how their industry’s supply chain could be transformed—and how this can inspire other supply chain business leaders around the world to use self-sovereign identity (SSI) technologies.
Доверяй, но проверяй
“Trust, but verify.” - Russian proverb adopted by president Ronald Reagan in nuclear disarmament treaty negotiations with the Soviet Union.
SSI will transform how supply chains operate—it is not a question of if, but when. A common, trusted, privacy-preserving approach for product and customer identification and transactions will reduce complexity, cost, and time. When broadly adopted, SSI will enable new business models for value-adding participants, resulting in benefits for local communities and the environment. Trusted end-to-end transparency for a supply chain is a good thing when considering a single industry. When several industries are transformed by SSI, the impact is not just good—it can be a paradigm shift that can accelerate an industrial revolution.