FarmaTrust

FarmaTrust

Created using Figma
Created using Figma

Last Update

May 15, 2018

FarmaTrust uses blockchain and AI to make sure patients get genuine medicines. Join us in the good fight to build the worlds pharmaceutical Supply Chain safer. FarmaTrust is the most efficient global tracking system which provides safety to the pharmaceutical industry.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • CoinBene
    FTT/BTC 4 minutes ago
    $ 0.0025
    $ 25.575 K
    4.73%
    12.37%
  • Bitforex
    FTT/ETH 34 minutes ago
    $ 0.0025
    $ 19.754 K
    5.49%
    78.19%
  • Bitforex
    FTT/USDT 34 minutes ago
    $ 0.0023
    $ 18.396 K
    -0.59%
    70.45%
  • Idex
    FTT/ETH one hour ago
    $ 0.0026
    $ 3.988 K
    9.74%
    93.17%
  • Liquid (Quoine)
    FTT/BTC 6 days ago
    $ 0.0036
    -
    -
    -
  • Liquid (Quoine)
    FTT/ETH 10 days ago
    $ 0.0028
    -
    -
    -
  • Liquid (Quoine)
    FTT/QASH 28 days ago
    $ 0.0050
    -
    -
    -
Main sale
Jun, 2018
Jul, 2018
100% completed
$20 250 000
100% goal completed
past
  • 1 FTC
    =
    0.05 USD
Pre-sale
Jun 1, 2018
Jun 15, 2018
100% completed
$7 000 000
100% goal completed
past
  • 1 FTC
    =
    0.04 USD
Token Details
Ticker
FTT
Accepted Currencies
ETH, BTC, LTC, BCH, XMR, ZEC, DASH, FIAT, XRP
Company Details
Registered Country
United Kingdom
Additional Details
Platform
Ethereum
Whitelist
Yes , from May 1, 2018
KYC
Yes
Categories
Cryptocurrency, Health

About FarmaTrust

Cross Platform
FarmaTrust works with any system, and is compatible with any platform. It is safe, secure, encrypted, and immutable.

Artificial Intelligence
FarmaTrust utilises AI technology to analyze data to create efficiency and interact with users.

Big Data
FarmaTrust system provides the most comprehensive data about the pharmaceutical industry in real time and globally.

Global
FarmaTrust system works internationally, with differing serial numbers, different regulations and different countries.

Features

- saves lives by providing a pedigree of the drug and trust in the manufacturer.
- saves lives by freeing previously locked-in data of users of a drug for R&D use.
- significantly reduces development costs (it uses existing technology).
- provides infrastructure infallibility
- there is no central database.
- provides immutability
- there is no central database and decentralized ledger.
- provides record integrity, and cannot be corrupted.
- provides potential for personalized medicine.
- is regulatory agnostic
- multitude of configurations.
- increases eiciencies with artificial intelligence in the supply chain.
- facilitates on-line demand
- goods can be check whether they are genuine.
 

Technical Info

FarmaTrust requires utility tokens which are used to track the various items and drug packets through our platform as well as pay for tools and services provided by FarmaTrust.

FarmaTrust Roadmap

  • May 2016

  • Identified the counterfeit drug problem
    Researched the pharmaceutical market
    Deep research into the problem
  • June 2016

  • Research into blockchain
    How does it work
    Discover available platforms
    Identify the best platforms
  • September 2016

  • Search for blockchain engineers
    Project details
    Research code
  • December 2016

  • Developed first version
    Full stack developers onboarded
    Establish architecture and design
  • Read More
  • March 2017

  • Working prototype available
    Provide demonstration of prototype
    Inclusion of AI and machine learning
  • June 2017

  • Extend FarmaTrust management team
    Explore financing options
    Team structure changed
    New IT members recruited
  • September 2017

  • Advisers sought and appointed
    First drafts of whitepaper
    Expansion of the product definiton
    Demonstrate MVP to interested parties
  • December 2017

  • Private pre-sale
  • March 2018

  • Extend current blockchain MVP
    Complete testing for scale and speed
    Expansion of the product descrition
    Demonstrate MVP to interested parties
    Token Distribution Event
    Create web app
  • June 2018

  • Deploy Marketing and Ops strategy
    Create regulatory reporting module
    Build the AI and Analytics Service
    Alpha and Beta testing
    Wallet app and mobile app
  • September 2018

  • Enhance packet tracker API
    Develop API layers and documentation
    Ongoing microservices development
    Develop business events engine
    Extend deep machine learning
    Publish to App store and google play
  • December 2018

  • Continue Building the API ecosystem
    Build abstraction layer and connectors for multiple blockchains
    Develop interoperability standarts and protocols for dynamic data interchange
    Additional mobile apps for Port of entry
    Harness data / AI
  • March 2019

  • Deploy client mobile apps for end cunsumer, pharmacy and customs clearance
  • April 2019

  • Production release of Zoi

Activity

Activity:
448
VERY HIGH
Posts:
412
MEDIUM
Views:
5 692
MEDIUM
Activity:
448
VERY HIGH
Merit:
101
MEDIUM
Posts:
95
VERY LOW
Views:
2 311
LOW
Users:
33
LOW
Posts:
1 318
VERY HIGH
Followers:
30 283
VERY HIGH
Likes:
30 155
VERY HIGH
Rating:
4.80
VERY HIGH
Followers:
2 920
MEDIUM
Tweets:
2 803
VERY HIGH
30 Days Growth:
-9
Members:
7 338
HIGH
30 Days Growth:
-449
Alexa

Rank:
6 765 271
VERY LOW
Delta:
6 439 310
Year commits:
209
Watchers:
10
Stars:
5
Forks:
1
Open issues:
0

Team

Verified 100%

Chairman
verified
CEO, Founder
verified
COO
verified
CTO
verified
Community Manager
verified
Head of Global Brand & Markcomms
verified

Advisors

Verified 100%

4 ICOs

$147 429 860

Chief Technology Adviser
verified
Advisory Board Member
verified
Advisory Board Member
verified
Advisory Board Member
verified
Advisory Board Member
verified

Former members

Advisory Board Member
Tony Evans
Advisory Board Member
Advisory Board Member
Sinan Djevdet
Developer
Gabby S.
Head of Growth

FarmaTrust Interviews

David Allen Cohen
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am a Technical Advisor and Board Member. FarmaTrust is a novel idea for the Pharma industry.
Stephen Cole
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Leading the Media Campaign
Chris Saynor
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Great idea which is most definitely needed to help secure the pharma supply chain.
Timothy Mackey
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am an academic advisor on this project
Kate Enright
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I'm on the Advisory Board of FarmaTrust, as a pharmacist with extensive experience of pharmaceutical Quality Assurance and supply chain management in humanitarian and development contexts.
Anthony Tudor St John
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am fully supportIve of Farmatrust and the objective of reducing counterfeit pharmaceuticals . An excellent and committed team
Raja Sharif
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am the Founder and CEO of FarmaTrust. I am extremely honoured to be joined by a number of distinguished executives, with strong business reputations helping me fulfill the vision of a world without counterfeit drugs and an efficient, intelligent pharmaceutical supply chain. We are all passionate about ensuring the success of FarmaTrust, not just as a commercial company but one that has a significant social impact, particularly in respect of saving lives around the world.

The management team have many decades of managing successful companies and ensure good corporate governance as well as prudence. We are an extremely transparent company, so please do not hesitate to contact us for any information about the company or its people.
Peter Bryant
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am the Chief Operating Officer at FarmaTrust. My responsibility is to ensure that all aspects of the business activities are working as anticipated and we are able to deliver our technological solutions to the audience as well as ensuring that the business operations are fit for purpose.
Shahnawaz Aziz
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
Thank you for sharing the FarmaTrust vision.
Jeffrey Middelbos
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm the community manager.

Mostly online at telegram, in case anyone has a question, remark or just to have a chat :)
Gabby S.
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I will develop strategic partnerships within the platform and look forward to creating synergies between the different actors of the pharmaceutical supply chain to eliminate fake drugs form our societies.

FarmaTrust's unique proposed blockchain platform is revolutionary, commercially viable and offers a brand new governance beneficial for each shareholders included in the pharmaceutical ecosystem: patients, medical professionals, pharmaceutical agents and regulatory entities.

Please visit our website www.farmatrust.com for more information and feel free to contact me at any time for further information.
Eszter Bohus
As a team member, сan you tell us about your role in the project? What do you think about idea? Thank you!)
I am responsible for the marketing communications and brand development of FarmaTrust. I am thrilled to work have been work invited on board of FarmaTrust and be able to tackle this global epidemic of fake medicine which kills thousands every year globally. Let’s make a change!

Last News

$ 0.0024
4.36%
Coin Stats
Daily, %:
4.36%
Weekly, %:
2.46%
Monthly, %:
-45.44%
Market Info
Market Cap:
$ 1.133 M
Volume 24h:
$ 67.575 K
Circ. Supply:
470 M FTT
Ticker:
FTT
ICO profit
X 0.0541
ICO Price~$0.0450
3.95
stable
5.0 7
ICO Profile Vision Activity Potential Product Team

FarmaTrust Reviews

icopools.io
analysis

Market:
FarmaTrust is not the only project, which is engaged in the management of pharmaceutical supplies. Their direct competitors are:
Synthium Health - ICO was carried out in February 2018, there’s no information on raised funds and release date.
BlockRx Isolve - ICO was carried out in January 2018, there’s no information on raised funds and release date.
Besides, FarmaTrust has to compete with projects not only from the healthcare area. There are projects, which technology allows tracking supply chains of any labelled products:
VeChain - capitalization - $1,8 billion, VEN token price after release at the exchange increased 14 times.
Origin Trail – in the course of ICO $21,5M was raised, capitalization - $56,2M, ROI USD - 2,1x
Modum - $13,5M raised, capitalization - $30,2M, ROI USD- 1,65x

Social activity:
The community’s interest in the project is below average, taking into account the team started to develop the followers’ base from December 2017: Twitter - 2896, FB - 3149, Telegram - 9289.

Verdict:
The lack of large partners, extension of public sale and platform availability time and decrease of hardcap 2.3 times are a wake-up call in the project planning and implementation.
The project concept is perfect for the ideal world without government corruption, manufacturers’ cartel agreements and distributors’ monopoly domination. And the project success will depend on the development of the partnership network of manufacturers and pharmaceutical distributors, and taking into account the realities of the modern market, it will be not anytime soon.

Read More
Ian Balina
77

I passed on it as well.

Read More
Wolf Crypto
39
Read More
Ian Scarffe
Blockchain ICO Consultant / Advisor. Founder at Crypto Consulting and Investments LTD.

Good use of the technology in a vital area. I like the look of the team and the vision is strong as well. Keep up the good work, guys, and I look forward to seeing the development!

Read More
icocrunch.io
review

Since different parties of a drug supply chain have different rules and regulations, there’s a risk of fraudulent actions with drugs when moving from one jurisdiction to the other. FarmaTrust is aiming to unify this process to eliminate getting counterfeit drugs into drug stores, hospitals and other medical institutions. This is not the first ICO project in the sphere of supply chains mostly because the blockchain technology is able to significantly improve efficiency and bring transparency which is highly demanded in the industry. The importance of supply chains in pharmaceutical industry is ultimate because in the end it saves lives. Among disadvantages we’d note a challenge of making the project visible to masses and engaging customers, as well as the system of three tokens that looks quite complex.
Other projects dealing with supply chains and that have already conducted ICO campaigns are on their way to success and feeling fine. FarmaTrust is ready and capable of repeating their stories.

Read More
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