Traceability of Pharmaceutical Products Using Blockchain
U Farjana, Monish GS, Vassanth SS, S Dhimantvanu · 2023
Recently, traceability has become a top necessity. By tracking the origin, it establishes a genuine relationship between consumers and manufacturers in terms of the standards and quality of the product. The route taken from the producing facility to the final consumer is the traceability. Implementing block chain technology would be an excellent complement to attain this level of traceability and transparency for pharmaceutical items in the healthcare industry. It prevents unauthorised alterations to the information. Blockchain is a method of storing data in units called blocks that contain cryptographic hashes of earlier blocks to form a chain and a timestamp that keeps track of when a transaction was completed. Each block is protected cryptographically, making it difficult or impossible to alter, hack, or cheat by alrtering it.