Identifying Fake Products through a Barcode based Blockchain System
Anuja Kokate · International Journal for Research in Applied Science and Engineering Technology · 2024
Abstract: Counterfeit products pose a significant threat to consumers, businesses, and economies worldwide. Traditional methods of authentication often fall short in effectively combating this issue. In response, this paper proposes a novel approach utilizing a barcode based blockchain system to authenticate products and detect counterfeit items. By integrating blockchain technology with barcode scanning, consumers and retailers can verify the authenticity of products throughout the supply chain. The system employs smart contracts to record product information and transactions securely, providing a transparent and immutable record of each item's journey. Through this approach, stakeholders can mitigate the risks associated with counterfeit goods, safeguard brand reputation, and enhance consumer trust. This paper outlines the architecture of the proposed system, discusses its potential benefits, and addresses implementation challenges. Furthermore, it explores the implications of integrating blockchain technology with barcode scanning for combating counterfeit products and enhancing supply chain transparency