Sarcouncil Journal of Engineering and Computer Sciences
Sarcouncil Journal of Engineering and Computer Sciences
An Open access peer reviewed international Journal
Publication Frequency- Monthly
Publisher Name-SARC Publisher
ISSN Online- 2945-3585
Country of origin-PHILIPPINES
Impact Factor- 3.7
Language- English
Keywords
- Engineering and Technologies like- Civil Engineering, Construction Engineering, Structural Engineering, Electrical Engineering, Mechanical Engineering, Computer Engineering, Software Engineering, Electromechanical Engineering, Telecommunication Engineering, Communication Engineering, Chemical Engineering
Editors

Dr Hazim Abdul-Rahman
Associate Editor
Sarcouncil Journal of Applied Sciences

Entessar Al Jbawi
Associate Editor
Sarcouncil Journal of Multidisciplinary

Rishabh Rajesh Shanbhag
Associate Editor
Sarcouncil Journal of Engineering and Computer Sciences

Dr Md. Rezowan ur Rahman
Associate Editor
Sarcouncil Journal of Biomedical Sciences

Dr Ifeoma Christy
Associate Editor
Sarcouncil Journal of Entrepreneurship And Business Management
AI and Blockchain for Transparent and Ethical Drug Pricing
Keywords: Pharmaceutical pricing transparency, artificial intelligence, blockchain technology, ethical drug pricing, healthcare economics.
Abstract: Pharmaceutical pricing transparency represents a critical challenge in contemporary healthcare economics, with significant implications for market efficiency, patient access, and system sustainability. The integration of artificial intelligence and blockchain technologies offers transformative potential to address longstanding issues of information asymmetry and pricing opacity throughout the pharmaceutical supply chain. These technologies provide unprecedented capabilities for real-time monitoring, analysis, and enforcement of ethical pricing practices across global markets. Artificial intelligence systems enable multi-dimensional data integration and anomaly detection while developing evidence-based ethical pricing models that balance innovation incentives with public health imperatives. Concurrently, blockchain implementations establish immutable transaction records throughout the supply chain, creating verifiable price histories that enhance accountability for all stakeholders. When integrated within regulatory frameworks, these technologies facilitate automated oversight with graduated response mechanisms that balance enforcement with appropriate market flexibility. The synergistic deployment of these digital solutions addresses fundamental market failures in pharmaceutical economics while promoting a more transparent, ethical, and equitable pricing ecosystem that benefits patients, providers, payers, and manufacturers alike. This technological framework represents a promising pathway toward resolving persistent tensions between pharmaceutical innovation and accessibility through enhanced transparency and data-driven decision-making.
Author
- Ram Mohan Reddy Pothula
- JNTU Hyderabad India