Fake Product Identification System Using Blockchain Technology

Abstract

The Fake Product Identification System (FPIS) is a cutting-edge solution that tackles the global issue of counterfeit products by leveraging blockchain technology. In this system, each genuine product receives a unique digital identifier and is recorded on the blockchain during its production phase, ensuring a tamper-proof and traceable record. When consumers purchase a product, they can easily verify its authenticity through a mobile application that interfaces with the blockchain to retrieve relevant information. By eliminating the need for centralized databases and intermediaries, the FPIS provides a transparent and secure environment, protecting sensitive data and preventing potential fraud. With its decentralized consensus mechanism, the system maintains the integrity and immutability of product information, ensuring consumers can make informed choices and trust the authenticity of their purchases. Ultimately, the Fake Product Identification System aims to enhance consumer trust and revolutionize supply chain management, promoting a safer marketplace for all stakeholders. Keywords-Consumer Protection, Product Authenticity, Decentralization, Immutability.