Applying Internet of Things (IoT) and Blockchain Technology to Improve Traceability in Pharmaceutical Supply Chain: A Review of the Benefits and Challenges

Wenqian Shao, Imran Ali

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The combined application of IoT and blockchain technology help organizations to better track and trace items in the food, manufacturing, and logistics supply chains. Evidence shows that the characteristics of blockchain such as decentralization, distributed ledger, consensus algorithm, data immutability and data security has brought various benefits to supply chains. Specifically, the pharmaceutical supply chain has a high requirement of maintaining medicine quality, trust and traceability across the supply chain. Hence, a thorough review on the topic is necessary to understand the scholarly work in this area. The study uses a Systematic Literature Review (SLR) to extract data from Scopus database for the period 2017-2020. Fifty-six articles were reviewed. The descriptive and thematic analysis revealed various insights into themes, methods, benefits, challenges and blockchain architecture in achieving traceability across the pharmaceutical supply chain.
Original languageEnglish
Title of host publicationMultidisciplinary Perspectives Towards Building a Digitally Competent Society
EditorsSanjeev Bansal, Vandana Ahuja, Vijit Chaturvedi, Vinamra Jain
PublisherIGI Global Publishing
Chapter1
Pages1-30
Number of pages30
ISBN (Electronic)9781668452769
ISBN (Print)9781668452745, 166845274X, 9781668452752
DOIs
Publication statusPublished - 1 Jun 2022

Publication series

NameAdvances in Human and Social Aspects of Technology
PublisherIGI Global
ISSN (Print)2328-1316
ISSN (Electronic)2328-1324

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