Blockchain Solving Almost Every rma Industry Challenges and Problems by Taksh it solutions Blockchain rmacy can go to a new kind of infrastructure if the companies start to adopt it. Now that we have understood the challenges surrounding the rma industry, letâs explore the solution. Blockchain is a new technology that holds the key to all those challenges. Some challenges are beyond the capacity of blockchain; however, it does impact them indirectly. Blockchain is a peer-to-peer solution that doesnât need a centralized entity to function properly. It utilizes a consensus model to reach consensus for the transactions and other activities that are carried out in the network. Blockchain networks are also immutable, secure, and transparent. Blockchain can modernize the rma industry as it introduces three important ndustry: privacy, transparency, and traceability. It will help with the industryâs laws, practices, privacy, and global regulations. It can also help rma to track and trace drugs using blockchain. For instance, clinical trials will benefit hugely due to access to more transparency and correct information. There are other use-cases where blockchain shines, and to get a better understanding, we need to go through the key use-cases of blockchain in rma and how it can track and trace.