ENHANCING SUPPLY CHAIN INTEGRITY : LEVERAGING BLOCKCHAIN FOR COUNTERFEIT PRODUCT DETECTION

Since consumers are duped into purchasing counterfeit items without having a mechanism to confirm authenticity, counterfeit products are becoming a huge global problem.Due to its ability to foster confidence amid unreliable contributors, blockchain has become more and more popular recently.This technique prevents the auctioning of fake items by utilising blockchain technology.By utilising blockchain technology, we allow product manufacturers or creators to append verified product serial numbers to balance sheets.This allows customers to verify the authenticity of the product before committing to a purchase.To demonstrate that data was handled correctly and to create a secure environment, blockchain technology is essential.The recommended method uses a unique algorithm to detect products that are fake.

Publication Details

Journal
International Research Journal of Modernization in Engineering Technology and Science
Published
2024-08-12
DOI
https://doi.org/10.56726/irjmets51786
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

ENHANCING SUPPLY CHAIN INTEGRITY : LEVERAGING BLOCKCHAIN FOR COUNTERFEIT PRODUCT DETECTION

International Research Journal of Modernization in Engineering Technology and Science
Blockchain Technology Applications and Security
article

ENHANCING SUPPLY CHAIN INTEGRITY : LEVERAGING BLOCKCHAIN FOR COUNTERFEIT PRODUCT DETECTION

article en

Abstract

Since consumers are duped into purchasing counterfeit items without having a mechanism to confirm authenticity, counterfeit products are becoming a huge global problem.Due to its ability to foster confidence amid unreliable contributors, blockchain has become more and more popular recently.This technique prevents the auctioning of fake items by utilising blockchain technology.By utilising blockchain technology, we allow product manufacturers or creators to append verified product serial numbers to balance sheets.This allows customers to verify the authenticity of the product before committing to a purchase.To demonstrate that data was handled correctly and to create a secure environment, blockchain technology is essential.The recommended method uses a unique algorithm to detect products that are fake.

International Research Journal of Modernization in Engineering Technology and Science
Openalex Percentile: Top 81%
Blockchain Technology Applications and Security
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