ROLE OF IoT AND BLOCKCHAIN IN PHARMACY INDUSTRY Authors: Rajkumar N , RAJENDRA SANDUR V AND G V JAYAVARDHAN
ABSTRACT
Blockchain and IoT technology will soon become increasingly significant in a range of
businesses. In recent years, interest in its usage in various areas, including financial services and
food and farm security analysis, has increased significantly. As one of the fastest-growing
industries, the pharmaceutical sector claims to be at the forefront of healthcare delivery.
Blockchain and the Internet of Things (IoT) can help safeguard healthcare administration. The
pharmaceutical business is critical for bringing new medical treatments to market as quickly as
possible after they are developed. Customer products incorporating therapeutic medications
necessitated thorough safety analysis and certification. Blockchain and IoT use cases address
medication security and timely distribution requirements without fraudulent interactions. This
paper aims to perform an in-depth assessment of the pharmaceutical industry's utilization of
Blockchain and the Internet of Things. This article forecasts the domain's future applications and
challenges.
Publication date: 01/12/2021 https://ijbpas.com/pdf/2021/December/MS_IJBPAS_2021_DEC_SPCL_2028.pdfDownload PDFhttps://doi.org/10.31032/IJBPAS/2021/10.12.2028