Share this article

Ugandan President Backs Bid to Tackle Fake Meds With Blockchain

Uganda's government is supporting a project using blockchain tech to fight the problem of counterfeit medicines.

Updated Sep 13, 2021, 11:13 a.m. Published Jul 22, 2019, 1:40 p.m.
(Nokwalai/Shutterstock)
(Nokwalai/Shutterstock)

Uganda's president is getting behind a project using blockchain tech to fight the problem of counterfeit medicines.

In an announcement on Monday, MediConnect – a firm that has built a solution to track and manage prescription meds using blockchain –said it has received "indicative" support from the Ugandan government to explore the use of its product in the country.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The news comes after the company met with the president of Uganda, Yoweri Museveni, as well as its Minister of Health, Dr Jane Ruth Aceng, and other government officials to discuss the benefits of a blockchain solution.

As well as pledging support for MediConnect’s solution in tackling the spread of fake drugs in Uganda, the government said it would be open to working with MediConnect on the issue, according to the press release.

MediConnect CEO Dexter Blackstock said:

“The Ugandan President, Minister of Health and National Drug Authority all understand the need to act fast to tackle the country’s counterfeit drug problem and recognise the benefits offered by tracing medication on the secure, scalable blockchain framework we are developing. We see this as an important opportunity for MediConnect to form part of Uganda’s national infrastructure and protect its citizens by ensuring all drugs in circulation are authentic and safe.”

The firm cited data from the Ugandan National Drug Authority as indicating that 10 percent of drugs prescribed in the country have below par or counterfeit copies sold on the market. The World Health Organization has also found that 10 percent of medical products in developing countries, many of which are in Africa, are substandard or fake.

At the meeting with government was also Uebert Angel, a founder of a Pentecostal ministry in the U.K. and strategic partner of MediConnect.

He said in the announcement:

"Travelling to Uganda, I was shocked by the extent to which counterfeit drugs have ruined the lives of the most vulnerable people in society. It is therefore humbling to be able to make a difference by investing in the country’s pharmaceutical sector and partnering with MediConnect to identify fake dugs and prevent them from reaching end-users. "

President Museveni confirmed the meeting and government support on Twitter.

Medicines image via Shutterstock

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

Coinbase

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.

What to know:

  • Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
  • The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
  • Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.