International Journal of Education and Management Engineering (IJEME)
IJEME Vol. 14, No. 6, 8 Dec. 2024
Cover page and Table of Contents: PDF (size: 726KB)
A Fake Product Identification and Prevention System Using Blockchain Technology
PDF (726KB), PP.20-31
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Author(s)
Index Terms
Blockchain technology, Immutable records, Counterfeit detection, Transparent supply chain, Smart Contracts, Decentralized networks
Abstract
Blockchain technology can revolutionize product authenticity verification by utilizing decentralized networks to collect and retain product data. This generates an irrevocable record of a product's path from manufacture to sale, making it possible to detect phony or counterfeit goods, a problem that plagues many different industries.
A common problem that compromises consumer confidence and harms brand integrity in a variety of businesses is counterfeiting. Our strategy involves establishing a blockchain-based product registry, allowing various supply chain nodes, including production and store shipping, to update information such as origin, materials, and certificates. Smart contracts also provide various applications for detecting fake goods, thus preventing the introduction of counterfeit goods into the supply chain. Based on predefined standards, these self-executing contracts validate the product's legitimacy. Blockchain technology makes it possible to verify things accurately, ensuring that customers receive the real goods they pay for. Our system enables accurate verification, ensuring that customers receive genuine goods. by scanning a QR code that connects to the blockchain record, customers can instantly authenticate the legitimacy and history of a product, ensuring its authenticity. By offering a clear picture of the product's route, this approach boosts consumer trust by ensuring a high level of security and traceability. This method offers a safe and effective solution to the age-old issue of product authenticity because of its decentralized structure and immutable record-keeping. This is a breakthrough in fighting counterfeiting and maintaining product integrity by empowering customers, defending brands, and encouraging a more trustworthy marketplace.
Cite This Paper
Kakelli Anil Kumar, Suman Tandan, Atul Koirala, "A Fake Product Identification and Prevention System Using Blockchain Technology", International Journal of Education and Management Engineering (IJEME), Vol.14, No.6, pp. 20-31, 2024. DOI:10.5815/ijeme.2024.06.02
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