Open AccessAnti-Counterfeit Product System Using Blockchain Technology
Author(s) -
Ishaan Singhal
Publication year - 2021
Publication title -
international journal for research in applied science and engineering technology
Language(s) - English
Resource type - Journals
ISSN - 2321-9653
DOI - 10.22214/ijraset.2021.39259
Subject(s) - blockchain , counterfeit , computer security , computer science , permission , product (mathematics) , code (set theory) , encryption , profit (economics) , business , commerce , internet privacy , world wide web , geometry , mathematics , set (abstract data type) , political science , microeconomics , law , economics , programming language
Fake Products is a serious issue, as in today’s world we can’t really distinguish between real and fake product. And some people make these fake products just to make some profit without thinking about its impact on user and also affects company’s name, profit and sales. Blockchain technology can be used to detect whether the product is real or fake and assure user about the authenticity of the product. Blockchain is a trending technology and lot of applications are using this technology. Blockchain technology is the technology where information is stored in the form of blocks in many databases which is connected with the chains and it doesn’t require any third-party users for permission. Benefits of blockchain is that it is immutable and secure. It is decentralized and distributed. We can use Quick Response [1] (QR) code or an encrypted unique code which is a very efficient technique to detect fake product. When the QR code is scanned or the unique code in entered, it will redirect us to the blockchain containing the information of the product and provides us the details of the manufacturer and information of owner to make decision easy for buyer if they are looking to buy the product. Keywords: Blockchain, Fake Product, Ownership, QR code, Anti-counterfeit