Using NFTs for Product Management, Digital Certification, Trading, and Delivery in the Healthcare Supply Chain

Musamih, Ahmad; Yaqoob, Ibrar; Salah, Khaled; Jayaraman, Raja; Omar, Mohammed; Ellahham, Samer

doi:10.1109/tem.2022.3215793

Cited by 16 publications

(16 citation statements)

References 30 publications

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“…Then an event with the winner EA and delivery request are announced. Moreover, our proposed solution uses similar interactions and mechanisms of the physical delivery phase in [30]. After that, the bid amount is transferred to the supplier, and the Raw Material NFT ownership is transferred to the producer.…”

Section: Interactions and Main Phases Of The Proposed Solutionmentioning

confidence: 99%

Using Composable NFTs for Trading and Managing Expensive Packaged Products in the Food Industry

et al. 2023

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The authenticity, traceability, and management of expensive food products require trusted, secure, and transparent end-to-end data provenance and transactions. In today's systems, transactions and data related to managing and tracing the origins and history of food products are typically stored in segregated data repositories, and controlled and managed by centralized entities, with no access or visibility to the public or key stakeholders. This increases the risk of data loss, alteration, and tampering. Further it erodes trust among all stakeholders, and weakens consumer sentiment and confidence in the expensive food market, and raises concerns about the verifiability and authenticity of expensive food products. To overcome this problem, this paper addresses the lack of traceability and authenticity problems in expensive food products utilizing blockchain technology and NFTs. NFTs are blockchain-based tokens that can be utilized to represent ownership of unique assets. We propose an NFT-based solution for expensive food products trading management, where the ownership of a food product is maintained by using digital certification, and the trading process is facilitated by smart contracts. We utilize composable NFTs for food products, where interrelated products, such as raw materials, packaged products, and Lots, are represented as top-down and bottom-up composable NFTs in the form of parent-child relationship. Composable NFTs embed extra utility within NFTs, especially when subsets of NFTs are needed. We integrate the InterPlanetary File System (IPFS) decentralized storage into our solution to avoid storing large files on the blockchain while maintaining their permanency and immutability. We present various diagrams to show the system elements and the interactions among them. We illustrate algorithms along with the solution implementation details. We evaluate our solution by conducting cost and security analyses. We make our smart contracts code publicly available on GitHub.

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Section: Interactions and Main Phases Of The Proposed Solutionmentioning

confidence: 99%

Using Composable NFTs for Trading and Managing Expensive Packaged Products in the Food Industry

et al. 2023

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“…IoT equipment for distribution and storage (Sabri et al, 2022). Also, there is research related to the application of smart contracts to the consumer-supplier relationship in the HSC (González and Trujillo, 2022;Musamih et al, 2022).…”

Section: Approachesmentioning

confidence: 99%

Hospital Supply Chain Management: Cross-Disciplinarity Opportunities in the Post-Pandemic Era and Research Agenda

Orjuela

Rincon-Guevara

Jaimes

2023

OSCM: An Int. Journal

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The COVID-19 pandemic has impacted various aspects of society, and research has been published across different sectors beyond healthcare. This article presents the results of a literature review in Hospital Supply Chain management (HSCM) to identify current and future research areas. The literature review identified four main research themes associated with the scope of HSCM, the flow type, and the approaches employed. The results of this study suggest that COVID-19 is a catalyst for short-and long-term changes that require the attention of researchers, strategies to incorporate 4.0 technologies, and integration of different stakeholders to improve the resilience and sustainability of the Supply Chain (SC) in future pandemic scenarios. This paper provides relevant information to the implementation for future research regarding the management of the HSCM for the post-pandemic period.

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“…The COVID-19 pandemic has severely impacted the healthcare system, particularly the pharmaceutical industry. It has exposed and exacerbated existing problems, highlighting the urgent need to improve digital communication ( [44], [1], [29], [46]). Even before the pandemic, social media platforms such as Twitter, Facebook, LinkedIn, or Reddit, among others, had already gained a great deal of popularity.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Pfizer's Social Media Engagement During COVID-19

Platania

Hernandez

Appio

et al. 2024

IEEE Trans. Eng. Manage.

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The aim of this paper is to study the impact of social media engagement and public attention on Pfizer during the COVID-19 pandemic. Our study focuses on Twitter to investigate Pfizer's social media activity and engagement during the pandemic. We analyze different social media engagement metrics, such as conversation rates, speed of information diffusion, and public approval ratings. In addition, we use Google Trends to track changes in public attention towards pandemic-related keywords like "COVID-19" and "COVID-19 booster shot" and examine their relationship with Pfizer's stock returns. Our findings suggest that social media engagement during the pandemic has a significant positive impact on Pfizer's returns. Furthermore, we show that, while high levels of public attention towards COVID-19 negatively impact Pfizer's returns, social media engagement has a positive incremental effect on the company's returns during periods of heightened public attention.

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Using NFTs for Product Management, Digital Certification, Trading, and Delivery in the Healthcare Supply Chain

Cited by 16 publications

References 30 publications

Using Composable NFTs for Trading and Managing Expensive Packaged Products in the Food Industry

Using Composable NFTs for Trading and Managing Expensive Packaged Products in the Food Industry

Hospital Supply Chain Management: Cross-Disciplinarity Opportunities in the Post-Pandemic Era and Research Agenda

The Impact of Pfizer's Social Media Engagement During COVID-19

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