Contract/Tendering System Using Blockchain

Autor: Ritu Pawar, Rutuja Pohare, Shreyash Gondane, Sanjay Jengthe, Shubham Paunikar, Saharsh Wasnik
Rok vydání: 2023
Předmět:
Zdroj: International Journal for Research in Applied Science and Engineering Technology. 11:471-474
ISSN: 2321-9653
DOI: 10.22214/ijraset.2023.49144
Popis: Tendering is commonly used by governments and businesses to buy goods or services from manufacturers or service providers. Although e-tendering is the most popular procurement method, there are a number of security concerns. Due to its emphasis oninformation decentralization, encryption, and block- based architecture for transaction management, blockchain technology can be utilized to address these security concerns. In this work, it is investigated how a distributed e-tendering system might be designed using smart contracts (based on the Ethereum block-chain). The project is broken into four components
Databáze: OpenAIRE