Anti-counterfeit on medicine detection using blockchain technology

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Abstract

The goal of this project is to find whether a given medicine is fake or original using blockchain technology. Blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but also has the potential to disrupt other markets. It removes the need for trusted intermediaries, can facilitate faster transactions and add more transparency. A medical product is counterfeit when there is false representation in relation to its identity or source. In the case of medicines, the implications are more severe. This technology stops the entry of fake drugs into the supply chain, mainly the part between the manufacturer and consumer. The technology uses digital signature where each block gets a unique crypto id. This digital signature is provided for each block and it gives a strong control of ownership.

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Anand, R., Niyas, K., Gupta, S., & Revathy, S. (2020). Anti-counterfeit on medicine detection using blockchain technology. In Lecture Notes in Networks and Systems (Vol. 89, pp. 1223–1232). Springer. https://doi.org/10.1007/978-981-15-0146-3_119

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