Blockchain-Based Traceability Solution for Medical Device Compliance

High Priority
Blockchain & Web3
Medical Devices
👁️19552 views
💬747 quotes
$15k - $50k
Timeline: 8-12 weeks

Our company, a scale-up in the medical devices sector, seeks to implement a blockchain-based traceability solution to enhance regulatory compliance and supply chain transparency. This project will leverage blockchain technology to ensure the secure and immutable tracking of medical device components across their lifecycle, from manufacturing to patient use.

📋Project Details

In the rapidly evolving medical devices industry, ensuring the traceability and authenticity of components is crucial for regulatory compliance and patient safety. Our scale-up company aims to develop a blockchain-based solution that will provide a transparent, secure, and immutable ledger for tracking medical devices throughout their lifecycle. This project will involve the creation of a decentralized application (dApp) using Solidity for smart contract development, Web3.js and Ethers.js for blockchain interaction, and IPFS for decentralized storage. The solution will be deployed on the Polygon network to ensure scalability and cost-efficiency. The blockchain solution will enable stakeholders, including manufacturers, distributors, healthcare providers, and regulatory bodies, to access real-time data on the origin, status, and handling of medical devices, thereby enhancing compliance with regulatory standards. Integration with Chainlink will enable secure data oracles, and the MetaMask wallet will be used for seamless user interaction.

Requirements

  • Experience with blockchain technology
  • Understanding of medical device regulations
  • Proficiency in smart contract development
  • Familiarity with supply chain management
  • Ability to integrate with existing systems

🛠️Skills Required

Solidity
Web3.js
Ethers.js
IPFS
Polygon

📊Business Analysis

🎯Target Audience

Medical device manufacturers, distributors, regulatory bodies, healthcare providers, and patients who require assurance of device authenticity and compliance.

⚠️Problem Statement

The medical devices industry faces significant challenges in ensuring the traceability and regulatory compliance of device components due to complex supply chains and stringent regulations.

💰Payment Readiness

The target audience is willing to invest in blockchain solutions to meet regulatory compliance, mitigate risks associated with component authenticity, and avoid costly recalls.

🚨Consequences

Failure to implement a robust traceability solution may lead to non-compliance with regulations, potential recalls, and loss of trust among stakeholders, ultimately resulting in financial and reputational damage.

🔍Market Alternatives

Current alternatives include traditional supply chain management systems which lack the security and transparency of a blockchain-based solution, often leading to inefficiencies and vulnerability to fraud.

Unique Selling Proposition

Our solution provides a secure, immutable, and transparent ledger for medical device traceability, ensuring compliance with regulatory standards and enhancing stakeholder trust.

📈Customer Acquisition Strategy

Our go-to-market strategy involves partnerships with industry leaders, participation in medical device conferences, and targeted digital marketing campaigns to reach key stakeholders in the supply chain.

Project Stats

Posted:July 21, 2025
Budget:$15,000 - $50,000
Timeline:8-12 weeks
Priority:High Priority
👁️Views:19552
💬Quotes:747

Interested in this project?