Proceedings of the First Mandalika International Multi-Conference on Science and Engineering 2022, MIMSE 2022 (Informatics and Computer Science) (MIMSE-I-C-2022)

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Blockchain Implementation in Indian Pharmaceutical Supply Chain Diminish Counterfeit Product

Authors
Mosiur Rahaman1, *, Bibisumaiya Chappu1, Agung Mulyo Widodo2, Andika Wisnujati3, Aminul Haque4, Ria Sarkar5, Hsing-Chung Chen1
1Department of Computer Science, Asia University, Taichung City, 413, Taiwan
2Department of Computer Science, Universitas Esa Unggul, Jakarta, 11510, Indonesia
3Department of Automotive Engineering Technology, Universitas Muhammadiyah Yogyakarta, Kasihan, 55183, Indonesia
4Aligarh Muslim University Murshidabad, Rosanpur, India
5Tunghai University, Taichung, Taiwan
*Corresponding author. Email: mosiurahaman@gmail.com
Corresponding Author
Mosiur Rahaman
Available Online 26 December 2022.
DOI
10.2991/978-94-6463-084-8_38How to use a DOI?
Keywords
Block chain; Security; Supply chain
Abstract

The pharmaceutical counterfeit product problem has become a harmful problem for people in India and has drawn significant attention from everyone. It is very crucial for healthcare and daily life. The pharmaceutical industry and its supply chain are humongous and complex in management. The pharmaceutical industry and its supply chain are massive and complex in direction. It is very crucial for healthcare and daily life. Indian Pharmaceutical is the world’s 3rd largest by volume and 14th largest in value. Not only is it complex, but it is inherent with the challenges like lack of transparency, traceability, security trust, and risk of counterfeit drugs. Forgery of pharmaceutical goods could be highly profitable. During globalization, the growth of online pharmacies and fraud cases are significantly increasing, leading to high death rates. Although there have been many studies on blockchain adoption in pharma supply chain management globally, it has been seen studies do not entirely investigate highlights. The advantages of blockchain enablers in pharmaceutical industries within India benefit the supply chain management performance. Therefore, this study bridges the research gap and analysis the enabler of the Blockchain technology and its adoption to have a sustainable supply chain. The study sheds light on how blockchain technology reduces the risks at each segment of the supply chain nodes. In addition, it also makes recommendations for deploying smart contracts in the pharmaceutical sector, which helps detect counterfeit goods to improve supply chain performance.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the First Mandalika International Multi-Conference on Science and Engineering 2022, MIMSE 2022 (Informatics and Computer Science) (MIMSE-I-C-2022)
Series
Advances in Computer Science Research
Publication Date
26 December 2022
ISBN
10.2991/978-94-6463-084-8_38
ISSN
2352-538X
DOI
10.2991/978-94-6463-084-8_38How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Mosiur Rahaman
AU  - Bibisumaiya Chappu
AU  - Agung Mulyo Widodo
AU  - Andika Wisnujati
AU  - Aminul Haque
AU  - Ria Sarkar
AU  - Hsing-Chung Chen
PY  - 2022
DA  - 2022/12/26
TI  - Blockchain Implementation in Indian Pharmaceutical Supply Chain Diminish Counterfeit Product
BT  - Proceedings of the First Mandalika International Multi-Conference on Science and Engineering 2022, MIMSE 2022 (Informatics and Computer Science) (MIMSE-I-C-2022)
PB  - Atlantis Press
SP  - 457
EP  - 466
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-084-8_38
DO  - 10.2991/978-94-6463-084-8_38
ID  - Rahaman2022
ER  -