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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)

International Peer Reviewed & Refereed Journals, Open Access Journal

IJCRT Peer-Reviewed (Refereed) Journal as Per New UGC Rules.

ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013

Call For Paper - Volume 14 | Issue 5 | Month- May 2026

Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(CrossRef DOI)

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  Published Paper Details:

  Paper Title

Blockchain-Based Auction and Contract Allocation System

  Authors

  Naziya M. Pathan,  Naganath S. Bagal,  Ganesh S. Wayal

  Keywords

Blockchain, Tender Allocation system, Firebase, Hash Key, Bid, Auction System.

  Abstract


In order to solve common security concerns with the procurement process, this study explores the implementation of a decentralized electronic tendering system using blockchain technology. Specifically, it focuses on smart contracts constructed upon a user-defined blockchain protocol. The study is broken down into four main sections: 1) General Requirements (GR) formulation and dissemination, 2) bid submission procedures, 3) bid review and negotiation processes, and 4) winning offer selection. Every section integrates distinct algorithms to guarantee a thorough resolution. Concerns about security and auditability are methodically evaluated and compared with current tendering procedures. Establishing a fair, open, and transparent procurement process is the main goal. The project is specifically designed for government tenders and aims to create a transparent and safe blockchaindriven system in order to address issues related to unethical behavior such as bribery and favoritism. In order to protect government records, the suggested framework serves as a solid and unchangeable data structure. This promotes better smart governance, operational efficacy, and costeffectiveness in the public sector. The main goal is to minimize human oversight and streamline the creation of government plans and strategies by establishing a transparent and secure edge computing framework for government tenders.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2406098

  Paper ID - 263142

  Page Number(s) - a891-a896

  Pubished in - Volume 12 | Issue 6 | June 2024

  DOI (Digital Object Identifier) -   

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

  E-ISSN Number - 2320-2882

  Cite this article

  Naziya M. Pathan,  Naganath S. Bagal,  Ganesh S. Wayal,   "Blockchain-Based Auction and Contract Allocation System", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.12, Issue 6, pp.a891-a896, June 2024, Available at :http://www.ijcrt.org/papers/IJCRT2406098.pdf

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Call For Paper May 2026
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ISSN and 7.97 Impact Factor Details


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


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