News Update

Tech Mahindra In Collaboration With StaTwig For Blockchain-Based Traceability Of Vaccine Supply Chain

• ByStartupStory     |    July 6, 2021

IT major Tech Mahindra on Monday had partnered with StaTwig, a Singapore and Hyderabad-based digital supply chain solution provider, to implement vaccine traceability platform ‘VaccineLedger’ globally. The companies aim to roll out a blockchain-based traceability solution for global vaccine supply chain transparency, and to predict and prevent failures in supply chains, including problems related to expired vaccines, stock-outs, and counterfeiting, a statement said. Vaccine Ledger is an open-source platform designed to check end-to-end traceability at vial level for vaccines in the global supply chain. It prevents the need of replacing the existing system, therefore, removing the barriers of adoption.

With this partnership, Tech Mahindra and StaTwig will be able to work towards building a global consortium of vaccine researchers, governments, pharmaceutical companies, distributors, and healthcare workers, the statement said. “Our strategic partnership with StaTwig will enable supply chain participants with a single application to enhance traceability, and chain of custody,” Tech Mahindra Blockchain and Cybersecurity Practice Leader – APAC and EMEA Rajesh Dhuddu said.StaTwig will use Tech Mahindra’s go-to-market expertise, including access to sales and customer network, balance sheet support, resource scale, domain experience, and system integration knowledge.

Further, Tech Mahindra has also invested in co-development and testing of various enterprise security modules for the mobile and web application, to support the unique requirements from manufacturers and state governments. “With the help of Vaccine Ledger, vaccine manufacturers and governments can work together to prevent counterfeiting, cold-chain failures and stock-outs,” Sid Chakravarthy, Founder and CEO of StaTwig, said.

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