Abstract
Abstract: Many applications have been developed using blockchain in recent years as its popularity has grown. The cryptocurrency Bitcoin is a well-known example of a Blockchain application since it not only solves the issue of double spendingin an efficient manner but also has the ability to independently verify the veracity of transactional data. As a result, any application that uses Blockchain technology as its fundamental architecture guarantees the integrity of its data. Since Blockchain technology is decentralised, consumers do not fully depend on merchants to verify the authenticity of their purchases. We outline a decentralised Blockchain system with product anti- counterfeiting so that producers can utilise it to deliver authentic goods without having to oversee directly owned storefronts, whichcan significantly reduce the cost of product quality assurance.
Published Version
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