Published Paper Details:

Supply chain management in pharmaceutical industry is a complex process which comprises of managing tasks like manufacturing, storage, and sales of medical drugs. Though supply chain management is a challenge on every industry, in health care, compromised supply chain adds risk to consumers� safety. Increased adoption of technology, globalization and industry populated with multiple stakeholders in various jurisdictions has given rise to a complicated health supply chain. In this operation process, due to imbalance and asymmetry of information among the stakeholders arises a fraud problem such as compromising the consumer drug information. In such cases, in order to improve the security and reliability of drug information we suggest blockchain based data storage technology. In this paper we discuss about hoe fraudulent drug information problem can be resolved using blockchain and by the way presenting reliable information to the concerning consumers. We discuss about smart contract based on Consensus algorithm. Blockchain in pharmaceutical supply chain not only reduces the risk of counterfeiting and theft, but also allows efficient inventory management