MEDICINE SUPPLYCHAIN USING BLOCKCHAIN TECHNOLOGY |
Author(s): |
Kuntal chaudhari |
Keywords: |
blockchain; supply chain; distributed databases; peer-to-peer network |
Abstract |
The Supply Chain (SC) has several geographical spans, modes and industries and includes several stages, where data flow in both directions, from suppliers to retail distributors, consumers, intangibles. Streaming of this data is required to support key business decisions that may affect the cost of production and market share. The modern SC system is unable to provide pseudo-tracking, confirming that it is in real time during the distribution phase. This information is available from the same source, often an airline and, along with other interested parties, are required. The system has a number of private distributor ledgers and single blockchain public ledger. A framework that allows each private individual to be detained among the export partners. Confidentiality is imperative, for example, while trading or quality products and pharmaceuticals, chemical products. The second type of ledger is a blockchain public ledger. There are signs of each specific event in addition to the event check. Subsequently, it provided a strictly independently validated immutable record of the pseudo real-time geographical status of the shipment from large number of sources using commuters sourcing. |
Other Details |
Paper ID: IJSARTV Published in: Volume : 5, Issue : 4 Publication Date: 4/18/2019 |
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