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Ensuring an Early Detection and Checking of Counterfeit Drugs and Supply Chain Management in Pharmaceutical Industry by using Block Chain Technology

Muskan Talreja

Vol. 10, Jul-Dec 2020

Abstract:

Recently, the production and distribution of fake medicine is the main issue of the world. The market worth of drug duplicating has arrived at billions of dollars every year. One reason for drugs forging is the imbalanced nature of demand and supply in the drug business. Medications change possession from producers to distributer, wholesaler and afterwards drug specialist before they arrive at the consumer. In Recent time in supply management, drugs are not monitored by any drug regulatory authority, so they are not aware of the drug quality. This paper will uncover how to employ blockchain innovation in the drug production network to add detectability, permeability and security to the medications supply framework. Will utilize the proposed framework in the drug business to follow the medications from their assembling until their conveyance to the patient. After using a medicine, will record its impact on the patient in a data set for future analyses. A permissioned blockchain will use for putting away exchanges, and just believed companies would be permitted to join the organization and push information to the blockchain.

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