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  Published Paper Details:

  Paper Title

Smart Contract Allocation System using Blockchain with Auction System

  Authors

  Naziya M.Hanif Pathan,  Nagnath S Bagal,  Ganesh S. Wayal

  Keywords

Blockchain, Edge Computing, Smart Contracts, Contract Allocation,Edge Computing,Bid,Auction System,Firebase

  Abstract


Nick Szabo first used the phrase "smart contract" in 1994 to describe a software that may be programmed to carry out any task upon the satisfaction of certain predetermined criteria. Nick Szabo first used the phrase "smart contract" in 1994 to describe a software that may be programmed to carry out any task upon the satisfaction of certain predetermined criteria. Globally, public sector organizations and governments are always exploring innovative approaches to stay abreast of technological developments in order to attain cost optimization, work efficiency, and smart governance. One such method that has drawn interest from governments all around the world in recent years is blockchain technology. The blockchain can expand to another province thanks to low-cost methods, increased traceability, and enhanced security. Governments typically award contracts to private companies for various projects. Different rivals attempt to keep an eye on one other's tender values during this procedure in an effort to secure the contract. In order to approve the deal in recognition of a particular third party, the callous government officials also accept large bribes. In this initiative, we want to use blockchain technology to create a transparent and safe mechanism for allocating government contracts. Government documents that are very vulnerable to manipulation are stored on blockchain, which is a reliable and immutable data format.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT24A3249

  Paper ID - 254787

  Page Number(s) - k589-k594

  Pubished in - Volume 12 | Issue 3 | March 2024

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Naziya M.Hanif Pathan,  Nagnath S Bagal,  Ganesh S. Wayal,   "Smart Contract Allocation System using Blockchain with Auction System", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 3, pp.k589-k594, March 2024, Available at :http://www.ijcrt.org/papers/IJCRT24A3249.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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