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Developing a Smart Model Linked to Blockchain for Enhancing the Medical Products and Information System to Accomplish an Efficacious Supply Chain Systems

Shreya Bhardwaj

Vol. 7, Jan-Jun 2019

Abstract:

Among all supply chains, the medical product supply chain is the most complicated and fragmented. The production can be found in both land and water around the world. Identification and tracking assistance is required for multiple producers and intermediaries. The entire production chain is exposed to risk and uncertainty as a result. The outcome may need to be improved if this uncertainty is reduced at a high cost. With the technology we have today, it has been difficult, if not impossible, to solve two problems: establishing dependable provenance and preventing counterfeiting and fraud. The financial costs of unnecessary medical product recalls can be reduced by these issues, which can harm public health and the environment. This study proposes a Blockchain-based Medical Product Traceability System (BIMPTS) to address the following issues: to facilitate the adjustment of shelf life and the evaluation of quality decay in order to improve quality assurance and to incorporate blockchain technology for traceability that is both effective and efficient. In order to facilitate monitoring, the Blockchain is transformed into a lightweight blockchain connected to cloud computing. It can be vaporized to free up the system's computational resources at the end of the traceability life cycle.

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