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Improving Opportunities in Healthcare Supply Chain Processes via the Internet of Things and Blockchain Technology
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Author(s): Raja Jayaraman (Khalifa University of Science and Technology, Department of Industrial and Systems Engineering, Abu Dhabi, UAE), Khaled Salah (Khalifa University of Science and Technology, Department of Electrical and Computer Engineering, Abu Dhabi, UAE)and Nelson King (Khalifa University of Science and Technology, Department of Industrial and Systems Engineering, Abu Dhabi, UAE)
Copyright: 2021
Pages: 20
Source title:
Research Anthology on Blockchain Technology in Business, Healthcare, Education, and Government
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-5351-0.ch089
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Abstract
Despite key advances in healthcare informatics and management, little progress to address supply chain process-related problems has been made to date. Specifically, key healthcare supply chain processes include product recalls, monitoring of product supply shortages, expiration, and counterfeits. Implementing and executing these processes in a trusted, secure, efficient, globally accessible and traceable manner is challenging due to the fragmented nature of the healthcare supply chain, which is prone to systemic errors and redundant efforts that may compromise patient safety and impact health outcomes adversely. Blockchain, combined with the Internet of things (IoT), is an emerging technology that can offer a practical solution to these challenges. Accordingly, IoT blockchain offers a superior way to track and trace products via a peer-to-peer distributed, secure, and shared ledger of the blockchain network. This article highlights key challenges related to healthcare supply chains, and illustrates how IoT blockchain technologies can play a role in overcoming these challenges now and in the near future.
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