Additional Funding Sources
This research was supported by a National Science Foundation Computer and Information Science and Engineering (CISE) REU, Grant No. 2051127.
Presentation Date
7-2021
Abstract
The modern pharmaceutical supply chain lacks accountability, traceability, and transparency. As a result, counterfeit products can easily enter the market. We propose a blockchain-based solution for the pharmaceutical supply chain that would provide a more secure and robust system that prevents counterfeits from entering. The system would be decentralized and private-permissioned, ensuring data security and privacy amongst the supply chain stakeholders.
Blockchain in the Pharmaceutical Supply Chain
The modern pharmaceutical supply chain lacks accountability, traceability, and transparency. As a result, counterfeit products can easily enter the market. We propose a blockchain-based solution for the pharmaceutical supply chain that would provide a more secure and robust system that prevents counterfeits from entering. The system would be decentralized and private-permissioned, ensuring data security and privacy amongst the supply chain stakeholders.