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Counterfeited Product Identification in a Supply Chain using Blockchain Technology
Abstract Since the invention of the Blockchain technology in 2008, it has been used in many domains to ensure high security and reliability of data, like from the use of Bitcoin to BaaS (Blockchain as a Service) which is a new blockchain trend and is a sort of cloud-based network for the organizations in the business of building blockchain-based applications. This paper implements the combined approach of the decentralized Blockchain technology and the Supply Chain to establish that the end-users in a supply chain do not completely rely on the trader to establish that the product is counterfeited or not and this can be done by authenticating the product at every stage in the Supply Chain by using One Time Passwords on the receiver's mobile phone along with a deployed personnel who will be responsible for assuring the quality of products. Furthermore, using this combined technical approach can considerably lower down the cost of product quality assurance and this proposed system will track the authenticity of the product from its origin from the manufacturer to the end-user as well. Keywords: Blockchain; Supply Chain; Counterfeited Product Identification; Security. Research Briefs on Information & Communication Technology Evolution (ReBICTE)
DOI: 10.22667/ReBiCTE.2021.07.15.003 |