Identification of Fake Products using Blockchain Technology

Abstract

Blockchain, which has recently received a lot of attention, has a wide range of uses. Bitcoin, a widely used cryptocurrency, employs blockchain technology to authenticate transactions without relying on a central structure, thereby solving the problem of double spending. Consequently, the application that uses blockchain technology as its core ensures the authenticity of the data. The research uses a concept that is based on the decentralised blockchain to demonstrate that customers do not primarily rely on stores to evaluate the legitimacy of products. This study describes a decentralised blockchain architecture that is free of counterfeit items so that makers can use it to make real products without having to contact merchants directly, which will result in a significant reduction in the cost of product quality monitoring.