BigBang Core — Revolutionizing the Medical Device Industry
Blockchain has captivated people all around the globe because of its innovative solutions for emerging problems. Like other industries, blockchain is capable of transforming the medical device manufacturing industry by providing an unparalleled experience to users.
The medical device manufacturing industry is concerned with the production of a broad range of medical devices or equipment that monitor, treat, and diagnose diseases. However, the medical device industry faces a number of challenges. BigBang Core is doing its utmost to rectify these issues and become a source of ease for adopters.
Issues Related to Medical Device Industry
Nowadays, the medical device industry is facing several challenges due to numerous reasons. There is a lot more pressure on the industry by markets to be more cost-effective, secure, efficient, and innovative. Given below are some of these issues:
Difficulties in Production Recall
It is difficult to recall any deficient products since the cost of information gathering and control is high and the present medical product circulation management is not standardized.
Opaque Production Process
The production environment and conditions of medical devices are unpropitious. However, it is not possible to determine if the production standards are strictly implemented by the production process.
There are different technical solutions and management systems adopted by various manufacturers and hence, are not inter-operable. This makes it harder to share relevant experience and data in a timely manner.
Traceability aids in determining the source of a problem and increases authenticity. However, the lack of traceability in the medical device industry causes a number of problems. When problems occur and the manufacturers are unable to identify them, they shut down the production, recall parts and hence, incur financial losses.
Since the integration of the Internet of Things is getting deeper with each passing day, more devices possess the personal data of users, increasing the risk of breaches and attacks.
Blockchain in Medical Instruments
Blockchain in the medical device industry will bring trust, traceability, and collaboration through the chain. Its reliable nature will aid the medical device manufacturers with full traceability and provide proof of any security problem related to the medical device. It will help in monitoring each stage in the medical device supply chain and will bring data integrity along with verification of medical device counterfeiting. Some other advantages are listed below:
- Blockchain will aid in creating a tamper-proof custody chain of any single medical device
- Decentralize control over information
- It will facilitate in determining whether the device was produced incorrectly or was tampered with later on.
- It will help in updating the information regularly for any medical device for the convenience of the end-user.
- It will provide greater security of information.
- It will enable the users to determine if a recall has been done on their device without any need to go through the organization which produced the device.
BigBang Core provides solutions for the production of medical devices. BigBang Core employs blockchain technology and traceability systems for recording the manufacturing, logistics, and sales information of medical devices on the chain. The whole process data is stored in a decentralized manner. It employs blockchain technology for attaining traceability to ensure the whole participation on the blockchain. The information of every link can be seen by the entity transparently. It is capable of solving the issues of low efficiency and traceability in the production and sales process. The following is a summary of what BigBang Core is doing to improve the industry for the better:
Automated Management of Data
BigBang Core provides automated management of medical device “production-marketing” data. All production data is incorporated into the automated management system with the aid of “coding” the batches of medical devices.
Data Traceability and Analysis
BigBang Core ensures the realization of data traceability and data analysis of medical devices. Each batch of medical devices can be tracked and monitored closely by managers, including production quality management, raw material management, etc.
Transparent Donations of Medical Devices
With the help of electronic tags for recording the production and logistics information of medical devices, donation standards can be implemented effectively by the donor.
Convenient Medical Device Recall
BigBang Core provides precise supply and marketing of a certain batch of medical devices, positioning the problematic medical devices, and quickly launching recalls.
Put Your Trust in the Future
BigBang Core is working tirelessly to provide a flawless experience for its users. With its blockchain technology, it is forging the future of numerous industries. BigBang Core is all set to transfigure the medical device industry by providing the best solutions for medical instruments. BigBang Core employs blockchain technology and traceability systems for recording the manufacturing, logistics, and sales information of medical devices on the chain. It provides automated data management of medical devices, data traceability, data analysis, and transparent donations of medical devices. Put your trust in the future, put your trust in BigBang Core.