Blockchain Technology Based Traceable and Safe Pharmaceutical Supply Chain Framework: An Effective Method for Searchable Pharma Chains

Abstract

The paper explores the potential applications of emerging technologies to develop a blockchain-constructed pharmaceuticals supply chain traceability organization. In essence, a blockchain-based medication tracking system is vital for both government regulation and corporate operations. A reliable drug traceability system would make it simple for patients and those working in the drug supply chain to determine where the drug disappeared or has been.  The drug traceability system is designed according to a number of concepts. First and foremost, the blockchain system for drug traceability must to accurately represent the supply chain's actual drug transaction logic, particularly with regard to drug-related data. Second, privacy and authenticity should be guaranteed by the drug traceability system. We propose Hyperledger Fabric, a potential blockchain-based decentralized architecture, to fulfill important medication traceability requirements, such as privacy, trust, openness, security, authorization and authentication, and scalability. We suggest, talk about, and contrast two possible drug traceability architectures: centralized and decentralized. We enumerate and discuss some open research questions related to medication tracking using blockchain technology. The pharmaceutical business can benefit from the suggested blockchain architectures.