Development of a Blockchain-Based System for Drug Counterfeiting and Traceability in the Pharmaceutical Supply Chain

Year : 2024 | Volume : 15 | Issue : 03 | Page : 99 114
    By

    Asfia Aziz,

  • Sunil Suman,

  1. Research Scholar, P.G. Department of Mathematics, Magadh University, BodhGaya, Bihar, India
  2. HOD, P.G Department of Mathematics, Magadh University, BodhGaya, Bihar, India

Abstract

Counterfeit drugs present a major risk to public health and pose a substantial threat to the pharmaceutical industry, leading to severe economic losses and risking patient lives. Ensuring the safety and authenticity of the pharmaceutical supply chain is critical to addressing this issue. This study presents a novel approach for enhancing the security and authenticity of the pharmaceutical supply chain through the integration of blockchain technology, decentralized storage, and artificial intelligence (AI)-based predictive analytics. The proposed system establishes an immutable public ledger and records all transactions within the supply chain, ensuring transparency and traceability and making it nearly impossible for counterfeit drugs to infiltrate the system. This study handles the issue of storing huge quantities of data on the blockchain by employing the inter panetary file system (IPFS). In this approach, the hash of the data is maintained on the blockchain, while the actual data is safely stored over the IPFS network. The performance of the proposed system was evaluated using several metrics, demonstrating significant improvements over existing solutions. The execution time for processing 1,000 transactions was reduced to 1,806.7s compared to 2,396.53s in Hyperledger Fabric and 7,533.74s in Ethereum. The throughput of the system was also improved, achieving 0.0015 transactions per second (tps) at 1000 transactions, which is higher than Ethereum’s 0.0001 tps. Additionally, the AI-based predictive analytics demonstrated an accuracy of 96.52% in detecting counterfeit drugs, further enhancing the reliability of the pharmaceutical supply chain.

Keywords: Counterfeit drugs, Traceability, Pharmaceutical Supply chain, Blockchain, Artificial Intelligence, InterPlanetary File System.

[This article belongs to Research & Reviews: A Journal of Pharmaceutical Science ]

How to cite this article:
Asfia Aziz, Sunil Suman. Development of a Blockchain-Based System for Drug Counterfeiting and Traceability in the Pharmaceutical Supply Chain. Research & Reviews: A Journal of Pharmaceutical Science. 2024; 15(03):99-114.
How to cite this URL:
Asfia Aziz, Sunil Suman. Development of a Blockchain-Based System for Drug Counterfeiting and Traceability in the Pharmaceutical Supply Chain. Research & Reviews: A Journal of Pharmaceutical Science. 2024; 15(03):99-114. Available from: https://journals.stmjournals.com/rrjops/article=2024/view=186127


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Regular Issue Subscription Original Research
Volume 15
Issue 03
Received 26/10/2024
Accepted 12/11/2024
Published 29/11/2024
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