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Pressemitteilung Box-ID: 1085979

authentic.network Beckerstraße 13 09120 Chemnitz, Deutschland https://authentic.network/en
Ansprechpartner:in Frau Christin Post
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German start-up raises the stakes in combating global health problems in Africa

(PresseBox) ( Chemnitz, )
The rising start-up with its unique blockchain technology has set itself the goal of making medicines in Africa counterfeit-proof. Kick-off for the integration of the first four local manufacturers of drugs and medical protective equipment in the Côte d'Ivoire.

Protection of 20 million masks against COVID-19

In November, MED-PROTEX PRODUCTION S.A. starts the production of certified COVID-19 protective masks using German industrial technology in Grand-Bassam, Côte d'Ivoire. Together with the high-tech start-up authentic.network, a completely new combination of protective equipment and digital applications will be launched. For example, proof of authenticity and usage is completely digitized. The buyers of the protective masks only need their smartphone to determine whether the mask is genuine and has the corresponding certification. The entire system is authenticated by means of blockchain technology so that the risk of forgery and manipulation of the data is excluded. For the free issue of state-subsidized FFP2 masks, the solution has been expanded to recognize whether the mask recipient is authorized to purchase the mask. This smart contract solution does not require any existing databases, IT systems or paper. A smartphone is sufficient for the processes to be carried out.

With authentic.network technology, almost all products and documents can be made forgery-proof in no time at all and linked to digital applications or new types of services. For this purpose, the products and documents are either printed with a new type of cryptographic code or affixed with a sticker. The code itself can be easily recognized as a green tick and generally indicates “original”. The authentic technology is also used for the protection and quality assurance of medicines: “The protection of medicines is an extremely important project for us in our efforts to save human lives and to develop new, local jobs in Africa”, says Frank Theeg, General Director of authentic.network.

60 percent of all African medicines are counterfeit

According to the World Health Organization (WHO), between 30 and 60 percent of counterfeit drugs are distributed to sick people in Africa. According to the WHO, the origin of most plagiarism, which is not subject to any scientifically based testing, is suspected to be in China and India. According to estimates by the organization, around 200,000 people die every year as a result of counterfeit antimalarial drugs. The Ivory Coast state alone is losing around 80 million euros in sales in the private sector and 16 million euros from the state through the trade in counterfeit drugs. Money that might otherwise have flowed into jobs or useful projects in African countries.

Kick-off: First implementation of the authentic technology

The Ministry of Health of Côte d’Ivoire started this project with a financial support from DEG, the German Investment and Development Company. The aim is to develop a pilot application for the introduction of authentic technology in Côte d'Ivoire. After the project started in February 2021, the first results were presented at the conference. The aim is to develop a pilot application for the introduction of authentication technology in Côte d'Ivoire. In addition to end-to-end protection for locally produced drugs, gray market protection is to be implemented in the pilot. The corresponding processes and interfaces have been analyzed, the APP has been programmed and can now be downloaded from the app stores in Côte d'Ivoire. In addition, the app with the name "authentic.app" is free of charge. As soon as the green tick can be found on the medication, the service can be used.

After the successful congress in Abidjan: The next phase of integration of the first four local manufacturers of medicines and medical protective equipment is starting now. If the process is successful, there is a real chance to make all medicines in Côte d'Ivoire forgery-proof.

authentic.network

About authentic.network

www.authentic.network

The Chemnitz-based blockchain start-up has set out to make the world a little bit better – using a technology that combats counterfeiting worldwide with transparency and trust. The areas of application range from medicine security and brand protection to seals of quality, ID cards and document security. The trademark is the green authentic code – forgery-proof, quick and easy to use, encrypted with unmanipulable data and enriched with important additional information such as worldwide tracking and logistics data. With over one million issuing devices and more than one billion smartphones as potential scanning devices on the worldwide market, the innovative authentic code technology has immediate global applicability. Accessible anywhere in the world, ten times faster to deploy and 20 times cheaper than traditional systems such as RFID codes – for the security of products, documents and, most importantly, people.

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Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien. Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@pressebox.de.