Mpect’s is working on blockchain technology to transform regulatory compliance, from a reactive to a proactive approach. This encrypted base-distributed technology allows people to trust each other, making issues surrounding Data Integrity obsolete. We are approaching regulatory bodies to determine the best way to implement this technology. Building the trust among regulators will be key to the success.
Blockchain is rapidly becoming the industry buzzword at the moment, with industries ranging from financial services to energy suppliers seeking to capitalize on this digital technology. Mpect is currently working on the pharma landscape which it believers is particularly ripe for improvement: the drug supply chain. Improvement with blockchain could lead to a drug supply system that is more secure, more efficient and less expensive to operate in.
Blockchain as technology has the power to transform regulatory compliance, from reactive to a proactive approach. The technology has the power to eradicate significant amount of inefficiency in the system and brings trust into each transaction. MPECT is currently working on blockchain technology to eradicate significant amount of inefficiency in the quality and compliance systems to brings trust into each transaction.
Mpect believes that, because of the way the human brain processes information, using charts or graphs to visualize large amounts of complex data is easier than poring over spreadsheets or reports. Data visualization is a quick, easy way to convey concepts in a universal manner – and you can experiment with different scenarios by making slight adjustments.
Mpect focuses on Health Care and Life Sciences data visualization with the aim to enable decision makers to see analytics presented visually; this will help them so they can grasp difficult concepts and identify new patterns. With Mpect’s interactive visualization, you can take the concept a step further by using technology to drill down into charts and graphs for more detail, interactively changing what data you see and how it’s processed.