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This project basically caters to solving problems regarding drug counterfeiting using Blockchain Technology (HyperLedger Fabric) to ensure the drug heals you and not the opposite:)

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S2606/Anti-Drug_Counterfeiting

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Anti-Drug Counterfeiting

Problem statement:-

  • A visibly huge problem(especially in developing nations) with market worth 10 bn dollars in india alone.
  • No way of estimating domestic vs export split and slow progress in identifying the perpetrators.

Okay, How does counterfeiting happen?

  • A factory manufacturing counterfeit drugs under a different name
  • Through contract manufacturing
  • Reintroducing expired drug into the market

Since the problem is now clear to us, how about the solution?

Introducing item-level identifiers(sounds vague doesn't it?)

So what can be done is:

  • Having a unique serial number for the item at SKU(stock keeping unit) level
  • The SKU shall be added as a block on the blockchain which can help in authenticity & trace verification.
  • This also helps in ensuring transparency across the supply-chain

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This project basically caters to solving problems regarding drug counterfeiting using Blockchain Technology (HyperLedger Fabric) to ensure the drug heals you and not the opposite:)

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