Research indicates that 119 out of 195 countries lack sufficient blood supply for medical purposes. Enhancing blood bank productivity through blockchain is the need of the hour, says the HashCash CEO.
PALO ALTO, Calif., Sept. 17, 2022 /PRNewswire-PRWeb/ -- Blood donation and transfusion are critical components in the medical supply chain system of any nation. Statistics suggest a person requires blood every 2 seconds, and one in seven entrants to the hospital needs a blood transfusion. HashCash Chief Raj Chowdhury highlights how blockchain's potential in streamlining supply chain operations can be applied to improving the operational efficiency of blood banks in nations around the world.
Donors make the largest contribution to blood unit collections across most countries. The accumulated blood reaches patients through complex blood supply chain networks, often spanning thousands of miles. The units are further categorized and segregated into medical components such as red blood...
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