A Blockchain Based Framework Secured by ECDSA to Curb Drug Counterfeiting
2019 10th International Conference on Computing, Communication and Networking Technologies (ICCCNT), 2019
Drug counterfeit has become a global issue. The counterfeit problem has become so huge that it ha... more Drug counterfeit has become a global issue. The counterfeit problem has become so huge that it has drawn a significant attention among researchers and policy makers. The fake drug industry is worth of 10 billion dollar per year as estimated by ‘ASSOCHAM’ in 2017. Also estimated by WHO about a million die per year due to fake drugs. The dispensation of fake drugs is the pivotal concern, specially in developing countries like India. One of main reason in drug counterfeiting is imperfect supply chain. There are many loop holes in our current policy of drug supply chain management system. In the present scenario of supply chain, either the information is not shared between the parties during the hand off process at all or a little or irrelevant information is shared. Once a party transfer the drug to another party, the first party doesn't know what happens to the drugs there after. The counterfeit drug not only affect the health condition of patient or the financial loss of genuine manufacturer but also it is posing serious threat to the socio-economic status of the society. In this paper, we explain details of the drug counterfeit along with a little history of the pharmacy industry and its impact on different areas and also to counter the counterfeits using Blockchain technology. Using Blockchain technology we explained here how to add traceability, visibility, and security to the drug supply chain. This proposed system will track the drugs from its origin from the manufacturer to the end the consumer.
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Papers by biswojit nayak