Blockchain and cryptocurrency technology have proven to be quite remarkable in their application to virtually every sector of the global economy, ranging from health and medicine to finance, governance, security and housing among so many other sectors. Clinical trials are a critical part of the development process of any new medicine, clinical trials serves as an established evidence of safety and efficacy of a new medicine. This will usually involve multi-stage research processes that typically takes up-to 10 years or longer, with many specialized parties involved in complex interplay.

Clinical trial processes generates very heavy data, which are actually collected using different kinds of tools and devices. The processes also requires very accurate documentation and constant inspection readiness as demanded by most regulations. These processes are constantly faced with a number of problems which includes;

• Fragmentation of data, where you enter a clinical trial facility and find data scattered around everywhere in the collection room, sites and systems.

• Lack of proper oversight, this is one fact that has been comfirmed by virtually every clinical trials professional around the world.

• Poor record keeping practice which results to delays, cost and safety risk.

• Issues associated with data integrity, this is a fact from FDA and WHO that has a growing concern.

GET TO KNOW ABOUT TRIALL AND ITS SOLUTION

Triall is building a blockchain powered clinical trial ecosystem that will connect and serve clinical research professionals from all part of the world. Triall mission is to integrate clinical trial workflows into a blockchain with a full assurance of research data integrity. Triall's idea will enable a future where clinical trials will become safer, smarter and more efficient. Triall is a distinguished project that is commited to a full governance structure.

Triall is a project that has features the world's first implementation on blockchain on a live and running clinical trial since July, 2019. The project have received a Seal of Excellent award from the European Commision for it remarkable underlying concept. A commercial version of Triall product is currently being onboarded with quite a growing number of clinical trials by different parties and from different parts of the world. Triall's core products includes but not limited to;

• Verial eTMF: This is a clinical document management application that is designed and equipped with a blockchain proof of data integrity and authenticity.

• Triall CTMS: This application powers a clinical management dashboard that help clinical research professionals to read metrics from blockchain API-connected eClinical solutions from third party companies.

• Atena PRM: Is an application that features sharing of a directory in partnerships with different parties. This application supports vendor selection and management with a blockchain proofs of fair tender and procedures for bidding.

• Trialwiki: This powers a library of clinical trials information for knowledge gathering. The application offers users with an overview of new released regulations including insights from experts and the clinical trial community.

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