THE BLOCKCHAIN TODAY MAY NOT BE JUST ABOUT TECHNOLOGY. IT’S ALSO ABOUT LEARNING

The concept of a blockchain and its presumed advantages create the potential for a fundamentally different foundational layer below processes like clinical trials and supply chain management. While the blockchain is a novel technological approach that will mature further, today’s challenge from a practical business perspective is also about people, already established processes, rules and regulations. A hypothetical case will be made that successful implementation of a blockchain project in a global biopharmaceutical company is a two-step process – and both are critically important: peripheral work on adapting to blockchain, i.e. removing obstacles and creating the environment to implement this new technology, and direct work.

Dany De Grave, Senior Director, Innovation Programs, Sanofi Pasteur