Published May 30, 2024 | Version v1
Journal article Open

Counterfeit Medicine Detection using Blockchain

Creators

  • 1. Department of Information Technology SCTR's Pune Institute of Computer, Pune (M.H.), India.

Contributors

Contact person:

  • 1. Department of Information Technology SCTR's Pune Institute of Computer, Pune (M.H.), India.

Description

Abstract: The healthcare industry has grappled with the challenge of monitoring genuine medicines while counterfeit drugs continue to proliferate, posing significant risks to patient safety. These fraudulent pharmaceuticals not only have detri- mental effects on health but also result in substantial financial losses, with reports indicating annual losses of approximately 200 billion dollars for US pharmaceutical companies. Particu- larly concerning is the World Health Organization’s revelation that in underdeveloped nations, one in every ten medicines consumed by patients is counterfeit and of low quality. To address this critical issue, we use blockchain technology to track the supply chain, from the manufacturing stage to the end- user. Leveraging blockchain technology, our system enhances reliability, transparency, and security in healthcare data. This paper focuses on bolstering transaction security, safeguarding medicine quality, and fortifying data protection through the utilization of blockchain technology.

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Additional details

Identifiers

DOI
10.35940/ijsce.C3634.14020524
EISSN
2231-2307

Dates

Accepted
2024-05-15
Manuscript received on 01 May 2024 | Revised Manuscript received on 14 April 2024 | Manuscript Accepted on 15 May 2024 | Manuscript published on 30 May 2024.

References

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