# What is the Pharmaceutical Token (Ticker: PHARMA)? ![](/files/AqpYPWehNid3Y8J71Neg) A proprietary ERC-20 Token on the Ethereum Network where our People, Process, and Product Management Methodology is followed, documented, and accessible via Smart Contracts. We believe that Blockchain technology innovate and modernize the pharmaceutical industry as it provides three important elements: privacy, transparency, and traceability. 1. Encrypted Communications, Data Governance and Security 2. Secure off-chain transactions (via SWIFT Banking Programming Language integrations) 3. Data Quality and Chain of Custody (via Cryptographic Signatures) 4. Powers Pharmaceutical Token (Ticker: PHARMA) cryptocurrency 5. Powers eNFT Market for Medicines (We are considering Polygon, Layer-2) 6. Secure on-chain and cross-chain transactions (we have decided on over 50, pre-audited, and post audited existing Smart Contracts). 7. Combination of Open-source and proprietary Technology (GitHub) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://blockchain-biopharma.gitbook.io/blockchain-biopharma-product-thesis/what-is-blockchain-biopharma/what-is-the-pharmaceutical-token-ticker-pharma.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.