Paper Title
Blockchain Based Fraud Drug Traceability and Supply Chain Management System
Article Identifiers
Authors
Ankit Kamble , Aditya Mansuk , Mrunalini Gailwar , Poonam Lambhate
Keywords
Blockchain, Pharmaceutical Supply Chain Management, Counterfeit drugs, polygon
Abstract
In today's healthcare, information management systems face significant challenges regarding transparency, traceability, immutability, auditability, data provenance, flexibility, reliability, speed, privacy and security. Particularly in the pharmaceutical industry, the abundance of counterfeit and substandard drugs and gray market drugs pose a serious threat with a global impact of hundreds of millions of dollars annually. As counterfeit medicines continue to enter the global market, endangering many lives, solutions to solve this problem are vital .Blockchain technology has emerged as a disruptive force with the potential to revolutionize information practices across industries, including healthcare. Current information shows that end-to-end power is needed to reach the limit in pharmaceutical products. However, all centralized tracking systems have disadvantages such as compromising personal information, transparency and accuracy. The exponential growth of entrepreneurs around the world, along with the growth of technology and digital health platforms, has spurred the development of various types of business, problem solving. These solutions are designed to improve safety, reliability and eliminate counterfeit drugs through a variety of methods and methods. In this article, we explore the transformative potential of using blockchain technology for healthcare information management. By describing the key features and characteristics of blockchain technology, we demonstrate its potential to spur innovation and facilitate significant improvements in healthcare. Additionally, we propose an Ethereum blockchain-based approach that uses smart contracts and on-chain distribution to facilitate efficient transactions in medical devices.
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How To Cite (APA)
Ankit Kamble , Aditya Mansuk, Mrunalini Gailwar , & Poonam Lambhate (April-2024). Blockchain Based Fraud Drug Traceability and Supply Chain Management System. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(4), a557-a564. https://ijnrd.org/papers/IJNRD2404072.pdf
Issue
Volume 9 Issue 4, April-2024
Pages : a557-a564
Other Publication Details
Paper Reg. ID: IJNRD_217179
Published Paper Id: IJNRD2404072
Downloads: 000121988
Research Area: Engineering
Country: Pune , Maharashtra, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2404072.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2404072
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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