Published Paper Details:

The pharmaceutical sector has a value exceeding $1 trillion and efficient supply chain management (SCM) is crucial for achieving economic, ecological, and social advantages in the supply chain sector. However, conventional SCM procedures often encounter various issues such as inadequate sharing of information, extended wait times for retrieving data, doubts about the reliability of product tracking, and the presence of counterfeit products. Blockchain technology holds a great deal of promise to address these issues due to its main features, including immutability, transparency, and decentralization. A blockchain-based pharmacy supply chain refers to the use of a distributed ledger technology that allows for the tracking of pharmaceutical products as they move through the supply chain, from the manufacturer to the end consumer. This technology provides a tamper-proof and transparent record of all transactions, ensuring that drugs are safely and securely delivered to the intended recipients. Overall, the use of blockchain technology in pharmacy supply chain has the potential to revolutionize the way how drugs are tracked and distributed.