Abstract
The production and distribution of counterfeit drugs is an urgent and increasingly critical worldwide issue, especially in pandemics. The imperfect supply chain system in the pharmaceutical industry is one of the reasons for drug counterfeiting. Drugs ownership changes from manufacturers to wholesaler, distributor, and then pharmacist before it reaches the customer thus making it difficult to keep track of it. In this paper, we have compared the existing proposed architectures of blockchain and IoT based supply chain management systems. The system implemented using hyper ledger fabric ensures sharing, storing, transparency, and traceability of data in each link of the supply chain. On the other hand, Ethereum architecture utilized the features of smart contracts to manage the interactions between sender and receiver. Finally, the study mainly focuses on increasing the safety of pharmaceutical products and reducing the manual operation of the supply chain with the most efficient architecture.
Highlights
The supply chain passes through all the various checkpoints associated with assembling and dispersion of the products
The applications of blockchain technology are far more than crypto-currencies, and it can provide an excellent solution for tracing drugs in the pharma chain
Blockchain platforms like Ethereum and Gcoin scale well but they fail in providing an identity management system
Summary
The supply chain passes through all the various checkpoints associated with assembling and dispersion of the products. These days, a supply chain can include hundreds of stages and numerous geological areas. This makes it hard to follow a fool-proof structure in a supply chain as there are data misfortunes and obstructions in each progression. If the supply chain of the pharmaceuticals’ sector is taken into consideration, the security of the process flow becomes extremely important. It is discovered to be rodent poison. These can make hypersensitive disorders which might cause genuine injury to death
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