Blockchain technology is most commonly associated with Bitcoin and other cryptocurrencies. But the technology can and is being used to protect and secure processes in other industries. Chronicled uses blockchain technology and supply chain management solutions to verify goods and keep counterfeit products off of the market. Chronicled has applied this technology to the MediLedger Project, a pharmaceutical initiative that helped keep stolen or counterfeit pills from entering the market and beig passed onto patients. Sam Radocchia is the CMO and co-founder of Chronicled. She joins Cheddar to explain how Chronicled is leading the initiative to bring blockchain to more industries.

Share:
More In Business
Biogen Lowers Full-Year Profit Forecast
Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
Stretching Your Dollar: Managing Your Money After Fed Decision
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
Load More