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Pistoia Alliance launches next phase of blockchain project

11 February 2019 | News

Industry workshop will unlock blockchain’s potential in data identity, data integrity and data sharing.

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The Pistoia Alliance, a global, not-for-profit alliance that works to lower barriers to innovation in life sciences R&D, has recently launched the next phase of its blockchain project.

This phase will focus on the development of practical life science R&D use cases that deliver clear ROI, as well as identifying which applications of blockchain will provide little value to the industry.

The Pistoia Alliance will work with members to examine three areas blockchain has potential to improve; data identity (validating where and who data has come from), data integrity (ensuring data hasn’t been tampered with), and data sharing (within and between organisations). This latest chapter of the project follows the extensive work the Alliance has already undertaken to educate the industry about blockchain and support the sharing of knowledge and skills.

The Pistoia Alliance will be hosting its ‘Blockchain – R&D Use Case Analysis Workshop’ in London on 12th March 2019 to evaluate the applicability of blockchain technology in a variety of R&D-focused use cases. The event will be supported by Fraunhofer FIT, a research institute for digitisation providing user-friendly smart solutions for R&D.

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