It was released on the official website in 2020 that the National Medical Products Administration is responsible for the planning and establishment of a drug information traceability standard system and the unification of drug traceability coding requirements.

Ant Blockchain Traceability As a Service (TaaS) is a traceability program for pharmaceuticals and health products that contains information on the whole process of drug production, circulation and usage. By making the drug production process transparent and open, TaaS can provide traceability of the source and prevent the emergence of shoddy products affecting people’s health, to build better brand images for health products companies. (Source: Baijiahao)

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