COUNTERFEIT PRODUCT DETECTION USING BLOCKCHAIN TECHNOLOGY

Abstract

Fake Products is a serious issue, as in today’s world we can’t really distinguish between real and fake products. And some people make these fake products just to make some profit without thinking about their impact on users and also affecting the company’s name, profit, and sales. Blockchain technology can be used to detect whether the product is real or fake and assure users about the authenticity of the product. Blockchain is a trending technology and a lot of applications are using this technology. Blockchain technology is the technology where information is stored in the form of blocks in many databases which are connected with the chains and it doesn’t require any third-party users' permission. The benefit of blockchain is that it is immutable and secure. It is decentralized and distributed. We can use Quick Response (QR) code or an encrypted unique code which is a very efficient technique to detect fake products. When the QR code is scanned or the unique code is entered, it will redirect us to the blockchain containing the information of the product and provides us with the details of the manufacturer and information of the owner to make the decision easy for the buyer if they are looking to buy the product.