Blockchain-based solution for Pharma Supply Chain Industry
| dc.contributor.author | Abdallah,Salam | |
| dc.contributor.author | Nizamuddin,Nishara | |
| dc.date.accessioned | 2024-02-02T06:46:55Z | |
| dc.date.available | 2024-02-02T06:46:55Z | |
| dc.date.issued | 2023-03 | |
| dc.description | Pharma companies manage complex supply chains as it involves interacting with many numbers of suppliers contributing ingredients and components for drug production. The Pharma supply chain industry needs to ensure the utmost safety precautions to transport goods, as any negligence of safety measures may lead to a fatal outcome. Pharma companies played a major role during the Covid19 pandemic, by supporting the requirements of healthcare providers, and patient needs, and facilitating access to medicine (McKinsey & Company, 2020). | |
| dc.description.abstract | Modern pharma supply chain systems are complicated, involving manufacturers, suppliers, and consumers that span across continents. To date, there is a considerable lack of transparency in the movement and sale of pharmaceutical products sold online. Lack of transparency, mistrust in collaboration, and unwillingness to share data can be huge challenges for this global industry. In this paper, we propose a blockchain-based framework for the online sale of pharma products, in a decentralized manner with no intermeies such as hospitals or pharmacies. The proposed solution is based on utilizing Ethereum smart contracts, to monitor the interaction between participants, trigger events that are logged to help the participants to keep track and be informed about sale transactions, and ensure payment dispersal securely. In addition, smart contracts regulate the interaction between sellers and consumers by monitoring the status of IoT containers, including pharmaceuticals, and fully notifying consumers. Our smart contracts handle special cases related to consumer refunds in case of breach of contract terms to ensure the safe delivery of medicines. Keywords : Pharma supply chain management, Blockchain, IoTEthereum, Smart contracts | |
| dc.identifier.citation | Abdallah, S., & Nizamuddin, N. (2023). Blockchain-based solution for pharma supply chain industry. Computers & Industrial Engineering, 177, 108997. | |
| dc.identifier.doi | https://doi.org/10.1016/j.cie.2023.108997 | |
| dc.identifier.uri | https://dspace.adu.ac.ae/handle/1/792 | |
| dc.language.iso | en | |
| dc.publisher | Elsevier | |
| dc.title | Blockchain-based solution for Pharma Supply Chain Industry | |
| dc.type | Article |