Combating Drug Counterfeiting by Tracing Ownership Transfer Using Blockchain Technology

Vikram Bali, Tejaswi Khanna, Pawan Soni, Shivam Gupta, Shivi Chauhan, Shivani Gupta

Source Title: International Journal of E-Health and Medical Communications (IJEHMC)13(1)

ISSN: 1947-315X|EISSN: 1947-3168|EISBN13: 9781683181736|DOI: 10.4018/IJEHMC.309429

MLA

Bali, Vikram, et al. "Combating Drug Counterfeiting by Tracing Ownership Transfer Using Blockchain Technology." IJEHMC vol.13, no.1 2022: pp.1-21. http://doi.org/10.4018/IJEHMC.309429

APA

Bali, V., Khanna, T., Soni, P., Gupta, S., Chauhan, S., & Gupta, S. (2022). Combating Drug Counterfeiting by Tracing Ownership Transfer Using Blockchain Technology. International Journal of E-Health and Medical Communications (IJEHMC), 13(1), 1-21. http://doi.org/10.4018/IJEHMC.309429

Chicago

Bali, Vikram, et al. "Combating Drug Counterfeiting by Tracing Ownership Transfer Using Blockchain Technology," International Journal of E-Health and Medical Communications (IJEHMC) 13, no.1: 1-21. http://doi.org/10.4018/IJEHMC.309429

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Abstract

Supply chain management in healthcare sector plays significant role in the lives of people. Presence of intermediaries and lack of traceability has lured it towards drug counterfeiting, which reduces drug efficacy, thus hampering patients' trust and putting their lives in danger. Blockchain has emerged as a groundbreaking technology which provide a system that is immutable and transparent without the requirement of a trusted third party. This paper depicts how blockchain can provide a solution to reduce drug counterfeit in the pharmaceutical supply chain. This is achieved by creating a Blockchain Network in which each participant and the drug is registered to maintain transparency of transactions among all the participants. Realtime transfer of ownership in the blockchain creates all-round visibility among the registered participants to retrieve information like the current owner, timestamp of ownership transfer and authenticity of drugs. This paper implements PharmaChain for real-time traceability and trackability information of drugs from end-to-end of the pharmaceutical supply chain.