scholarly journals Blockchain Application Design and Algorithms for Traceability in Pharmaceutical Supply Chain

2021 ◽  
Vol 16 (4) ◽  
pp. 0-0
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Drugs ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Blockchain Technology ◽  
Ownership Transfer ◽  
Chain Codes ◽  
The Right ◽  
Application Design

Blockchain technology has garnered attention from stakeholders in many domains, including healthcare, governance and supply chain management. In the context of healthcare, traceability of pharmaceutical drugs in a transparent yet secure manner can be made faster and efficient with blockchain. This paper presents a blockchain based solution for traceability known as PharmaChain. The traceability is achieved with application design and algorithms which are proposed in the work. The proposed application can be developed using hyperledger fabric deployed on dockers. The chain codes are written in javascript. The pharmaceutical blockchain proposed in this work consists of manufacturer, wholesaler, retailer and consumer. The right for registering a drug into the blockchain is granted to the manufacturers only and the ownership transfer of the drug is stored. This paper highlights the traceability of ownership transfer of the drug and validates its origin.

scholarly journals Leveraging Blockchain Technology to Enhance Supply Chain Management in Healthcare:

2018 ◽  
Author(s):  
Kevin A. Clauson ◽  
Elizabeth A. Breeden ◽  
Cameron Davidson ◽  
Timothy K. Mackey
Keyword(s):  
Public Health ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Technology Use ◽  
Grey Literature ◽  
Data Provenance ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Blockchain Technology ◽  
Safety And Health

Background: Effective supply chain management is a challenge in every sector, but in healthcare there is added complexity and risk as a compromised supply chain in healthcare can directly impact patient safety and health outcomes. One potential solution for improving security, integrity, data provenance, and functionality of the health supply chain is blockchain technology. Objectives: Provide an overview of the opportunities and challenges associated with blockchain adoption and deployment for the health supply chain, with a focus on the pharmaceutical supply, medical device and supplies, Internet of Healthy Things (IoHT), and public health sectors. Methods: A narrative review was conducted of the academic literature, grey literature, and industry publications, in addition to identifying and characterizing select stakeholders engaged in exploring blockchain solutions for the health supply chain. Results: Critical challenges in protecting the integrity of the health supply chain appear well suited for adoption of blockchain technology. Use cases are emerging, including using blockchain to combat counterfeit medicines, securing medical devices, optimizing functionality of IoHT, and improving the public health supply chain. Despite these clear opportunities, most blockchain initiatives remain in proof-of-concept or pilot phase. Conclusion: Blockchain technology has the unrealized promise to help improve the health supply chain, but further study, evaluation and alignment with policy mechanisms is needed. Keywords: Blockchain, Distributed Ledger, Pharmacy, Pharmaceutical, Supply chain  

scholarly journals Traceability of Pharmaceutical Drugs throughout the Supply Chain using Blockchain

2020 ◽  
Vol 9 (5) ◽  
pp. 1167-1173
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Effective Means ◽  
Distribution Center ◽  
Pharmaceutical Drugs ◽  
Chain Management ◽  
Blockchain Technology ◽  
New Methodologies ◽  
To Come

The pharmaceutical industry is prone to many risks and the effect of these risks propagating to patients is enormous. Just like other sectors, the pharmaceutical sector can also benefit from new methodologies in the supply chain network. More effective supply chain management can benefit the pharmaceutical industry by reducing the risks from the current challenges being faced by the industry. Difficulties like missing interest data, human asset reliance, request of the board, distribution center administration, absence of coordination, shipment perceivability and lapse must be confronted. An important observation from these challenges is their dependence on human resources to come about these changes in the state and process information. Inevitably, blockchain can construct the profitability and straightforwardness of flexible chains and vehemently influence everything from warehousing to movement to portion. The core benefits of the blockchain technology are Immutability, Corruption & tamper proof, Secure and Zero downtime. These make the blockchain technology a very effective means for revolutionizing the supply chain management

Supply Chain Management for Agri Foods Using Blockchain Technology

2021 ◽  
pp. 46-69
Author(s):  
Niranjan Dandekar ◽  
Amit Dua ◽  
Manik Lal Das ◽  
Viral A. Shah
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Food Safety ◽  
Holistic Approach ◽  
Fair Share ◽  
Chain Management ◽  
Blockchain Technology ◽  
The Difference ◽  
The Right

The agricultural supply chain consists of many participants like producer (generally farmer), consumer (people who buy the product and consume them), wholesalers, and retailers. This system consists of many levels of mediator parties as well which have different policies of the commission. Due to the difference in these policies, the producers do not get their fair share of price. Due to the varying prices, consumers also suffer as they do not get the right quality of the product for the right price. There are no central records maintained regarding the transactions between the participants which could lead to many serious problems. To tackle the above-mentioned issues, we need a holistic approach that can provide solutions to most of the above issues. Here, blockchain-based solution can be used to achieve traceability (we can trace the whereabouts of the product, the origin of the product, etc.), transparency (so that a sense of trust is achieved), fairness (by removing the intermediaries), assurance of food safety and pricing (so that nobody has to bear the loss).

scholarly journals Benefit and Challenge of Blockchain Technology in Pharmaceutical Supply Chain Management

2019 ◽  
Vol 8 (4) ◽  
pp. 8309-8313
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Innovative Technology ◽  
Financial Industry ◽  
Pharmaceutical Supply Chain ◽  
Chain Management ◽  
Counterfeit Drug ◽  
Blockchain Technology ◽  
The Impact

Pharmaceutical Industry Supply Chain Management (SCM) has been an invigorating research topic because the industry strives to explore innovative ways to secure the medicine distribution and to ensure the authenticity of medicine consumed by the patients. A surge in the counterfeit drug has called an urgent effort for the industry to eradicate. In this scope, the fake medicine harm serious health problem for patients. To cope with this urgency, Blockchain offers the new innovative technology that captures the security and accountability in the financial industry for decades. In this spectrum, the new generation of blockchain with smart contract feature enables the utilization of blockchain in an enterprise setting such as Supply Chain Management Systems. In this point, this study explored contemporary for benefit and challenge blockchain adoption based on Systematic Literature Review methodology. At a closer look, the research indicates the impact of the Blockchain Adoption Technology in Pharmaceutical Industry SCM in for four aspects, i.e. supplier, producer, logistic/distributor, and customer. In a specific range, this research explores significant factors from ten leading journals (one thousand two hundred and fourteen papers) and selects solely eighteen relevant documents. The examination reveals the critical research development of blockchain technology adoption in Pharmaceutical SCM and twenty-three essential factors.

From Supply Chain Management to Blockchain-Based Management

2019 ◽  
pp. 59-63
Author(s):  
G. V. Zubakov ◽  
O D. Protsenko ◽  
I. O. Protsenko
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Digital Economy ◽  
Practical Implementation ◽  
Chain Management ◽  
Mutual Trade ◽  
Blockchain Technology ◽  
Distributed Ledger ◽  
Supply Chain Management System ◽  
The Government

The presented study addresses the current problems in the implementation of the distributed ledger (blockchain) technology in supply chain management mechanisms in the context of the digital economy. Aim. The study aims to analyze the application of the blockchain technology in modern economic processes from the perspective of logistics.Tasks. The authors consider the possibility of using the blockchain technology in the supply chain management system and explore ways to use the findings of the Eurasian Economic Commission (EEC) in the fieldof digital economy to organize information standardization processes within the supply chains of foreign and mutual trade.Methods. This study uses general scientific methods of cognition to examine approaches to the implementation of the blockchain technology in transport and logistics processes and to find opportunities for the implementation of smart contracts to ensure the traceability of the entire chain of commodity and information fl ws.Results. Implementation of the distributed ledger (blockchain) technology in the logistics processes of foreign and mutual trade increases the transparency of information fl ws and the speed of decisionmaking. This technology would allow the parties to negotiate directly, minimizing potential risks and the time required to approve a supply deal.Conclusions. The authors consider the possibility of using a systematic approach to the digitalization of transport and logistics processes and the subsequent standardization of information interaction at the B2B, B2G, and G2G levels, segmented by separate fields of transport and foreign trade and individual economic sectors. As a conclusion, the study assesses the prospects of the practical implementation of blockchain mechanisms in the creation of industrial platforms — digital platforms that provide integrated services for businesses and the government using a single window system.

Blockchain Technology Application Challenges in Renewable Energy Supply Chain Management

2022 ◽  
Author(s):  
Khalid Almutairi ◽  
Seyyed Jalaladdin Hosseini Dehshiri ◽  
Seyyed Shahabaddin Hosseini Dehshiri ◽  
Ao Xuan Hoa ◽  
Joshuva Arockia Dhanraj ◽  
...  
Keyword(s):  
Supply Chain ◽  
Renewable Energy ◽  
Supply Chain Management ◽  
Energy Supply ◽  
Chain Management ◽  
Technology Application ◽  
Blockchain Technology

An Evaluation and Scenario Analysis of the Representative Supply Chain Management Software

2011 ◽  
pp. 76-91
Author(s):  
Ruiliang Yan ◽  
Zhongxian Wang ◽  
Ruben Xing
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Business Environment ◽  
Competitive Advantages ◽  
Analytic Hierarchy ◽  
Chain Management ◽  
Software Packages ◽  
The Right ◽  
Hierarchy Process ◽  
A Company

Supply Chain Management (SCM) has proven to be an effective tool that aids companies in the development of competitive advantages. SCM Systems are relied on to manage warehouses, transportation, trade logistics and various other issues concerning the coordinated movement of products and services from suppliers to customers. Although in today’s fast paced business environment, numerous supply chain solution tools are readily available to companies, choosing the right SCM software is not an easy task. The complexity of SCM systems creates a multifaceted issue when selecting the right software, particularly in light of the speed at which technology evolves. In this chapter, we use the approach of Analytic Hierarchy Process (AHP) to determine which SCM software best meets the needs of a company. The AHP approach outlined in this paper can be easily transferred to the comparison of other SCM software packages.

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