Counterfeit medicines are one of the most serious threats to the pharmaceutical industry. The World Health Organization (WHO) points out that almost 10-35% of drugs, i.e., one in ten drugs produced in the least developed countries, are counterfeit and have serious side effects on human lives. The supply chain in the pharmaceutical industry is complex and dynamic, with drugs switching from suppliers to dealers, repackagers and wholesalers before reaching the consumer. There is little or no transparency and accountability for suppliers in the supply chain to monitor authenticity. Such consequences include the challenge of counterfeit products and inadequate handling of recalls and returns. These inefficiencies result in financial gains and a lack of customer trust. For tracking temperature and other conditions in the supply chain, IoT products that use smart sensors to capture data may be used. IoT systems can track conditions in real-time, unlike typical USB data loggers, which enable each stakeholder to keep a separate ledger to assess the commodity output after each shipment, meaning that corrective action can be taken promptly if and when issues arise during shipment. All stakeholders involved in any individual shipment, including the pharmaceutical manufacturer, the logistics firm, wholesalers, dealers, and pharmacies, will be able to access environmental sensor data collected in real-time via IoT devices using blockchain Hyperledger Fabric is a blockchain framework implementation that helps develop applications or solutions with a modular architecture. It supports the membership services and consensus. It leverages container technology called ‘chaincode’ to host smart contracts. it improves and enhances the supply chains as it helps to handle secure drug supply chain records with customers being able to track and trace pharmaceutical products throughout the supply chain. Only trusted parties are granted access to write on the blockchain. The record is delivered on the blockchain in real-time. Manufacturers and end customer can scan the bar code and see the history. Optimally, the platform ensures drug identification, tracing, verification, and notification in case an illegitimate drug is found
Counterfeit medicines are one of the most serious threats to the pharmaceutical industry. The World Health Organization (WHO) points out that almost 10-35% of drugs, i.e., one in ten drugs produced in the least developed countries, are counterfeit and have serious side effects on human lives. The supply chain in the pharmaceutical industry is complex and dynamic, with drugs switching from suppliers to dealers, repackagers and wholesalers before reaching the consumer. There is little or no transparency and accountability for suppliers in the supply chain to monitor authenticity. Such consequences include the challenge of counterfeit products and inadequate handling of recalls and returns. These inefficiencies result in financial gains and a lack of customer trust. For tracking temperature and other conditions in the supply chain, IoT products that use smart sensors to capture data may be used. IoT systems can track conditions in real-time, unlike typical USB data loggers, which enable each stakeholder to keep a separate ledger to assess the commodity output after each shipment, meaning that corrective action can be taken promptly if and when issues arise during shipment. All stakeholders involved in any individual shipment, including the pharmaceutical manufacturer, the logistics firm, wholesalers, dealers, and pharmacies, will be able to access environmental sensor data collected in real-time via IoT devices using blockchain Hyperledger Fabric is a blockchain framework implementation that helps develop applications or solutions with a modular architecture. It supports the membership services and consensus. It leverages container technology called ‘chaincode’ to host smart contracts. it improves and enhances the supply chains as it helps to handle secure drug supply chain records with customers being able to track and trace pharmaceutical products throughout the supply chain. Only trusted parties are granted access to write on the blockchain. The record is delivered on the blockchain in real-time. Manufacturers and end customer can scan the bar code and see the history. Optimally, the platform ensures drug identification, tracing, verification, and notification in case an illegitimate drug is found
Implementation of IoT and Blockchain Technology in the Pharmaceutical supply chain
AKSHAY SANKAR, AKSHAY SANKAR
2019/2020
Abstract
Counterfeit medicines are one of the most serious threats to the pharmaceutical industry. The World Health Organization (WHO) points out that almost 10-35% of drugs, i.e., one in ten drugs produced in the least developed countries, are counterfeit and have serious side effects on human lives. The supply chain in the pharmaceutical industry is complex and dynamic, with drugs switching from suppliers to dealers, repackagers and wholesalers before reaching the consumer. There is little or no transparency and accountability for suppliers in the supply chain to monitor authenticity. Such consequences include the challenge of counterfeit products and inadequate handling of recalls and returns. These inefficiencies result in financial gains and a lack of customer trust. For tracking temperature and other conditions in the supply chain, IoT products that use smart sensors to capture data may be used. IoT systems can track conditions in real-time, unlike typical USB data loggers, which enable each stakeholder to keep a separate ledger to assess the commodity output after each shipment, meaning that corrective action can be taken promptly if and when issues arise during shipment. All stakeholders involved in any individual shipment, including the pharmaceutical manufacturer, the logistics firm, wholesalers, dealers, and pharmacies, will be able to access environmental sensor data collected in real-time via IoT devices using blockchain Hyperledger Fabric is a blockchain framework implementation that helps develop applications or solutions with a modular architecture. It supports the membership services and consensus. It leverages container technology called ‘chaincode’ to host smart contracts. it improves and enhances the supply chains as it helps to handle secure drug supply chain records with customers being able to track and trace pharmaceutical products throughout the supply chain. Only trusted parties are granted access to write on the blockchain. The record is delivered on the blockchain in real-time. Manufacturers and end customer can scan the bar code and see the history. Optimally, the platform ensures drug identification, tracing, verification, and notification in case an illegitimate drug is foundÈ consentito all'utente scaricare e condividere i documenti disponibili a testo pieno in UNITESI UNIPV nel rispetto della licenza Creative Commons del tipo CC BY NC ND.
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https://hdl.handle.net/20.500.14239/12563