Scribd
Upload
47 views21 pages

"Blockchain Technology": Identification of Fake Drugs Using

This document proposes using blockchain technology to help identify fake drugs through immutable traceability. It notes that an estimated 1 in 10 medical products in low- and middle-income countries are substandard or falsified, failing to treat diseases and potentially causing illness or death. Blockchain could provide traceability of drug origins and ingredients from manufacture through distribution by recording this information in an immutable distributed ledger. Smart contracts could validate new blocks, and the decentralized nature of blockchain networks would make falsified records easily detectable. The document argues this technology could help assess and prevent the flow of substandard medical products globally.

Uploaded by

Anupam Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
47 views21 pages

"Blockchain Technology": Identification of Fake Drugs Using

This document proposes using blockchain technology to help identify fake drugs through immutable traceability. It notes that an estimated 1 in 10 medical products in low- and middle-income countries are substandard or falsified, failing to treat diseases and potentially causing illness or death. Blockchain could provide traceability of drug origins and ingredients from manufacture through distribution by recording this information in an immutable distributed ledger. Smart contracts could validate new blocks, and the decentralized nature of blockchain networks would make falsified records easily detectable. The document argues this technology could help assess and prevent the flow of substandard medical products globally.

Uploaded by

Anupam Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 21

Identification Of Fake Drugs Using

“Blockchain Technology”
“Substandard and Falsified Medical Products”
A Matter Of Concern
WHO estimated, 1 in 10 medical products circulating in low- and middle-income countries is either substandard
or falsified.

These medical products fail to treat or prevent disease.

They can cause serious illness or even death in most cases.

As such, other than health impact these product also cause economic and socioeconomic impact on people.

Since 2013, WHO has received 1500 reports of cases of substandard or falsified products.

As more time passes by, Globalization is making it harder to regulate medical products.
This is a global phenomenon but reports and allegations from:

Pharmaceutica
10 - 20% Drugs l industry in 20% of all drugs
Sold in India are India is the from Indian
substandard most market are
counterfeited posed serious
industry in threat to health
India and safety of
patients
Major Distributors Of Counterfeit Drugs Market

2% 12% India
4% 31% UAE
China
Thailand
20% Philipines
Others
31%
Avg. Observed Failure Rate
World Bank
Country Samples tested Failed Samples Percentage Failure
classification by Rate
income levels
Low Income 11,156 1,166 10.5
countries
Middle income 36,884 3,906 10.6
countries
The bottom line is that this is a global problem.

Countries need to assess the extent of problem and prevent the traffic
of these medical products through quick detection and response.
“Immutable
Traceability”
A Possible Solution
Manufacture of SF medical products, is a result of greed to make quick profit.

But, Technology will be the answer.

We cannot directly stop manufacturing of these medical products.

But we CAN control and prevent its consumption through detection and
achieving immutable traceability.

We suggest to achieve this using Blockchain Technology.


BLOCKCHAIN TECHNOLOGY”
It is now Incredibly popular as it offers:
1. Immutability
2. Security Nearly impossible to change already entered records.
3. Traceability
Chain of Blocks containing information
4. Decentralised

Distributed Ledger
Open to anyone
-> depends on the type of blockchain
From:

To:

Date of manufacture:

Ingridients:

Fingerprint

A hash number which is always:

Unique

Identifies a block and all its content

Calculated hash numbers are very useful in identifying cahnges made in chain

Helps in effectively making the chain


Now lets say someone decides to make changes in a block:
Genesis Block
But nowadays using hash is not enough to prevent tampering of data
But Blockchains have more features that add to its security:

• Proof of Work
• Being a decentralised network
As its a decentralised network, when someone joins this network
He/she gets a full copy of entire blockchain

New Block

That block is sent to everyone in the network


Each node then verifies that block for any tampering and if everything
turns out to be fine, the nodes add that new block to their chain.
But Blockchains are now continiously evolving

The most recent evolvement being the introduction of“SMART CONTRACTS”


It is a tiny computer program stored inside a blockchain.

are just like real world contracts but completely digital.


We can program these smart contact with rules which will validate addition of a new block.
Now why should we trust the smart contract?
• Smart contract once created can never be changed
• And they are distributed
• Even if someone put in years of calculations to try to add new block
Other nodes will be able to detect it as invalid
Our
Plan
THANK YOU !

You might also like