A smart medication identifying system is disclosed herein. It comprises a processing device including a first processing module, a scanning module electrically connected to the first processing module and a first reminding module electrically connected to the first processing module; a cloud storage device electrically connected to the processing device and having a storage module, a login module electrically connected to the storage module, and a medication information database electrically connected to the storage module; and a medication identifying device electrically connected to the processing device and the cloud storage device and having a second processing module, an image identifying module electrically connected to the second processing module and a second reminding module electrically connected to the second processing module.