Globally, the trade in counterfeit pharmaceuticals is worth up to $200bn.
Over 100,000 people die annually in Africa as a result of counterfeit anti malaria drugs based on report from World health Organization. Dare Odumade is building Chekkit to solve this problem. Chekkit is not just an anti counterfeit technology, his platform is also a serialization and consumer intelligence platform.
Chekkit specializes in developing software for food, beverage and medicine distribution, tracking & consumer intelligence through anti-fake services which makes physical product smart and traceable across the supply chain both offline and online.
Dare has been a 3x founder and Chekkit has raised over $600k in equity and grants financing.
In this episode we discussed:
His past ventures, key Lessons and mistakes starting out
How Chekkit is using blockchain technology to solve counterfeiting
How anti-counterfeiting activities can deepened with government policies
Customer acquisition & Fundraising
Future plans for Chekkit and more