Ethereum-Backed Blockchain and Cryptocurrency Integration for Advanced Anti-Counterfeiting Measures in Supply Chains

Abstract

Abstract: In this era where technology is used to create unidentical counterfeit products, Finding the original objects is a very tedious task for the users. These Counterfeit Products affect the health of the user in the case of medical and skin care products also. This project implements Blockchain, a new Technology which is used to overcome this problem. Blockchain technology is the distributed, and immutable technology that provides data consistency and security. Here a QR code is generated for each product that is linked to the database which in turn is mapped to the chain nodes. By scanning this QR code the user can detect the original products amongst the fake ones. It highlights the need of cryptocurrency in the broader vision of supply chain security, elaborating on how Blockchain network, particularly using Ethereum Framework, provides a decentralized and transparent ledger for tracking and validating products.