Blockchain-Enhanced QR Code Product Identific...

Blockchain-Enhanced QR Code Product Identification System

Author Name : Vatsal Sharma, Porush, Rishab Bambha, Dr. Neha Agrawal, Dr. Meenu Garg

ABSTRACT : Supply chain management frequently faces difficulties such service redundancy, poor departmental collaboration, and a lack of standardization, which is mostly caused by a lack of openness. Counterfeit goods are becoming more and more common, which puts legitimate firms at serious risk. It is almost impossible to identify counterfeit goods merely by visual inspection these days. Many people are still ignorant of the complete scope of counterfeiters' negative effects on brands, despite the serious obstacles they face. Numerous techniques, such as RFID tags, artificial intelligence (AI), and QR code- based systems, have been suggested as solutions for this problem. Every technique has its drawbacks, too; for example, QR codes can be copied and used to identify phony goods, and AI systems demand a significant amount of processing power. The goal of this initiative is to improve counterfeit detection by tracking a product's supply chain's past. This is made possible by the application of blockchain technology, which guarantees the traceability and identification of genuine goods all the way through the supply chain. Blockchain's decentralized structure facilitates simultaneous access to information by various parties, and its immutability protects recorded data from vulnerabilities by ensuring its security and integrity. This article presents a Blockchain-based system that is intended to identify counterfeit goods.