BUSINESS MODEL INNOVATION OF SUPPLY CHAIN BASED ON BLOCKCHAIN TECHNOLOGY: TAKING THE PHARMACEUTICAL AND MEDICAL INDUSTRIES IN CHINA AS AN EXAMPLE

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Published: Nov 26, 2021
Keywords:
Blockchain Supply Chain Business Model Pharmaceutical and Medical Industry

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Yini Wang
Chinese Graduate School, Panyapiwat Institute of Management, Thailand
Hongxiang Tang
Guangxi Guangxi University of Finance and Economics, China

Abstract

Under the normalization of COVID-19 epidemic prevention and control, the industrial development of “Blockchain + pharmaceutical medicine” will usher in new opportunities. Based on the analysis of the development status of Blockchain and pharmaceutical and medical industry and tking “Blockchain + medical treatment” as the research object and using inductive and deductive methods, this paper believes that the integrated development of “Blockchain + pharmaceutical medicine” has a good industrial foundation, and constructs a business model of pharmaceutical and medical supply chain based on blockchain technology from the aspects of electronic medical record, medical traceability and medical insurance. Finally, this paper proposes that we should further promote the efficient integration and development of “blockchain + pharmaceutical medicine” from the aspects of changing the application concept, building the regulatory standard system and deepening the application of technology. The conclusion of this paper provides a scientific reference and theoretical basis for the application and promotion of blockchain technology in pharmaceutical and medical industry.

Article Details

How to Cite
Wang, Y., & Tang, H. (2021). BUSINESS MODEL INNOVATION OF SUPPLY CHAIN BASED ON BLOCKCHAIN TECHNOLOGY: TAKING THE PHARMACEUTICAL AND MEDICAL INDUSTRIES IN CHINA AS AN EXAMPLE. Chinese Journal of Social Science and Management, 5(2), 88–99. Retrieved from https://so01.tci-thaijo.org/index.php/CJSSM/article/view/244385
Issue
Vol. 5 No. 2 (2021): July - December 2021
Section
Research Articles

Chinese Journal of Social Science and Management Editorial Division
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