Blockchain: A secure solution for identifying counterfeits and improving supply chain reliability

Counterfeit goods provide a substantial risk to both consumers and corporations. This study presents a system that employs blockchain technology to address the issue of counterfeiting by validating the authenticity of products using QR codes. The framework enables manufacturers to register products and monitor their ownership across the whole supply chain. Subsequently, consumers have the ability to scan QR codes of products in order to authenticate their authenticity and obtain information regarding the product's past. The suggested system has numerous benefits, such as: Enhanced security: Blockchain technology guarantees the integrity of data storage and transaction records, making them resistant to tampering. Enhanced transparency: Consumers are able to obtain comprehensive information regarding the product's trajectory, promoting trust and assurance. Cost reduction: The solution obviates the necessity for intermediaries and manual verification procedures, resulting in financial savings. The study also recognises constraints such as the requirement for specialised knowledge and possible difficulties in expanding the solution. Furthermore, the efficacy of the system hinges on the extensive acceptance and understanding of blockchain technology. In summary, this article introduces a potential framework for utilising blockchain technology to tackle the increasing problem of counterfeit items. Subsequent investigations should prioritise enhancing the system's scalability, security, and user acceptance to optimise its overall impact