January 2025
Intermediate to advanced
592 pages
20h 25m
English
book
Blockchain-Enabled Solutions for the Pharmaceutical Industry
by Ritika Wason, Parul Arora, Parma Nand, Vishal Jain, Vinay Kukreja
Content preview from Blockchain-Enabled Solutions for the Pharmaceutical Industry
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9Tracking Drug Authenticity and Expiry with Blockchain: A Comprehensive Overview
Sajjan Singh1 and Shalom Akhai2*
1Department of Electronics and Telecommunication, Chandigarh College of Engineering, Chandigarh Group of Colleges, CGC Jhanjeri, Mohali, Punjab, India
2Department of Mechanical Engineering, Maharishi Markandeshwar Engineering College, Maharishi Markandeshwar (Deemed to be University), Mullana, Ambala, Haryana, India
Abstract
Human healthcare relies on the pharmaceutical sector for safe and effective drugs. However, counterfeit pharmaceuticals and prescription expiry date mishandling are major issues. In developing nations, 10% of pharmaceuticals are counterfeit, especially in Africa and Southeast Asia. Mismanagement of medicine expiry dates distributes expired or dangerous drugs, endangering patient health. Blockchain technology might solve these pharmaceutical supply chain challenges. Participants may track pharmaceutical items from manufacture through distribution by assigning unique identities and documenting transactions on an immutable blockchain ledger. This comprehensive tracking system detects counterfeit pharmaceuticals, assures appropriate handling, and avoids expired product distribution. Blockchain technology enables real-time medication monitoring, allowing stakeholders and customers to verify medicine validity. Users may obtain blockchain data about a drug’s identification, production, and distribution history through mobile apps and websites. This ...
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