Implementation of Pharmaceutical Drug Traceability Using Blockchain Technology

Mohana, Muniandy and Ong, Gabriel, Tze Ern (2019) Implementation of Pharmaceutical Drug Traceability Using Blockchain Technology. INTI JOURNAL, 2019 (35). ISSN e2600-7320

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Abstract

The healthcare industry relies heavily on the use of pharmaceutical drugs to treat patients, and acquires said drugs using supply chain management. However, fraud and abuse cases in current healthcare industry are a major problem, costing the industry billions of dollars annually. Furthermore, counterfeit drugs also plague the healthcare industry, which is a major health concern to patients who consume said drugs. To solve these problems, a system is required to trace pharmaceutical drugs as they travel the supply chain, from the provider of the ingredients to produce pharmaceutical drugs, to its consumers. The proposed project will implement blockchain, an emerging technology that enables decentralized storage of data and immutable data. Blockchain stores data in a distributed ledger visible to all participants, which will create transparency in the supply chain, a much-needed change, which are presently very complex and opaque. Blockchain records the transaction details of relevant participants involved in the supply chain process as pharmaceutical drugs move through the supply chain.

Item Type: Article
Uncontrolled Keywords: Supply chain management, pharmaceutical drug, blockchain, traceability
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Q Science > QA Mathematics > QA75 Electronic computers. Computer science
R Medicine > RS Pharmacy and materia medica
Divisions: Faculty of Information Technology
Depositing User: Unnamed user with email masilah.mansor@newinti.edu.my
Date Deposited: 19 Nov 2019 03:31
Last Modified: 17 Apr 2024 05:07
URI: http://eprints.intimal.edu.my/id/eprint/1308

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