MEDICLEDGER: BLOCKCHAIN-BASED SUPPLY CHAIN ARCHITECTURE FOR AYURVEDIC PRODUCT AUTHENTICATION AND COMPLIANCE
Keywords:
Ayurvedic Authentication, Blockchain Technology, Product Traceability, Regulatory Compliance, Supply Chain ManagementAbstract
This article presents MedicLedger, an innovative blockchain-based platform transforming the Ayurvedic product supply chain through enhanced security, traceability, and regulatory compliance. The article leverages Ethereum's blockchain infrastructure to create a robust, decentralized system that addresses critical challenges in the Ayurvedic industry, including product authentication, regulatory compliance, and supply chain transparency. MedicLedger implements sophisticated consensus mechanisms, real-time monitoring capabilities, and advanced encryption protocols to ensure product integrity throughout the supply chain journey. The system's architecture incorporates smart contracts, distributed ledger technology, and IoT integration to provide comprehensive supply chain visibility and automated compliance verification. Through the implementation of quantum-resistant encryption and multi-factor authentication, the article establishes unprecedented levels of security while maintaining operational efficiency. The article demonstrates how blockchain technology can significantly improve supply chain efficiency, reduce operational costs, and enhance consumer trust in Ayurvedic products while establishing new benchmarks for regulatory compliance and quality assurance in the traditional medicine sector.
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