Business
Wellgistics Health Adds Quantum Key Encryption to PharmacyChain(TM) AI-Enabled Blockchain Smart Contract Partnership with DataVault AI
Feasibility assessment completed, PharmacyChain™ to leverage Datavault AI's edge network and quantum key encryption to improve data driven outcomes in $634
About this update from Wellgistics Health, Inc.
[{"type":"text","content":"Feasibility assessment completed, PharmacyChain™ to leverage Datavault AI's edge network and quantum key encryption to improve data driven outcomes in $634 billion prescription drug marketQuantum key encryption fortities pharmacies from quantum's pending encryption-busting impact on traditional encryption methods TAMPA, FLORIDA / ACCESS Newswire / January 12, 2026 / Wellgistics Health, Inc. (NASDAQ:WGRX), a health information technology leader, integrating proprietary pharmacy dispensing optimization artificial intelligence (‘AI') platform EinsteinRx™ into its patented blockchain-enabled smart contracts platform PharmacyChain™, today provided an update on its strategic licensing partnership with DataVault AI, Inc. (NASDAQ:DVLT), a Pioneer in AI-driven data valuation, monetization, and secure tokenization within Web 3.0 environments.Through this partnership, Wellgistics has licensed DataVault AI's advanced technology platform to integrate proprietary blockchain-enabled tokenization and blockchain-enabled smart contract capabilities into its patented PharmacyChain™ platform. This enables tokenization of Wellgistics' AI-enabled pharmacy chain - powered by its EinsteinRx™ pharmacy dispensing optimization artificial intelligence - creating secure, immutable digital twins of real-world pharmacy processes, transactions, and assets.The U.S. prescription drug market, where independent pharmacies play a vital role, represents a $634 billion market opportunity, projected to grow to $883 billion by 2030 according to Grandview Research. This market continues to face significant challenges, including supply chain inefficiencies, lack of transparency, fraud, waste, and delayed payments that strain pharmacy profitability and patient care. The global blockchain in healthcare market currently stands at $11 billion USD, and is projected to grow to $214 billion by 2030 according to Grandview Research, with compound annual rates expected to exceed 60% per year. The size of these two markets expected to be disrupted by EinsteinRx and PharmacyChain underscore the transformative potential that distributed ledger technologies possess to improve traceability, security, and automation in healthcare.DataVault AI's industry-leading platform, including its patented Information Data Exchange® (IDE) and expertise in securely attaching physical assets to immuta...