Impact Factor (2025): 6.9
DOI Prefix: 10.47001/IRJIET
The
pharmaceutical supply chain is an organization of interrelated tasks that
includes all aspects of the creation, transport, and distribution of
medications. The pharmaceutical sector has several challenges to ensure transparency,
safety, authenticity, and fraud. Drugs that are counterfeit and traceability
are the two most common problems. Blockchain technology can offer remedies like
transparency, security, and complete traceability along the whole
pharmaceutical supply chain. via joining blocks together using methods of
cryptography, a chronological chain comprising data is created through
blockchain. Furthermore, it provides a decentralized, immutable ledger for open
data and transaction recording. Blockchain technology's primary feature,
decentralization, lowers the risk associated with relying on a single point of
failure. An Ethereum blockchain-based pharmaceutical supply chain architecture
is presented in this article. By automatically enabling and confirming contract
agreements, smart contracts allow parties to engage in automated, trustless
transactions. The design and development of a web application make use of the
React Framework. The Blockchain will be connected to this application, showing
every relevant detail about transactions, shipping, and counterfeit medicinal
products.
Country : India
IRJIET, Volume 7, Issue 12, December 2023 pp. 233-237