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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM21267
Volume:
7 |
5 |
May 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
We propose a blockchain-based payment system for institutes that utilizes self-developed and plagiarism-free wallets. The system utilizes smart contracts to automate payment processes, eliminating intermediaries and providing a fast, secure, and efficient payment process. The architecture includes a centralized database, a decentralized blockchain network, and an API to connect the two. The system offers faster transaction processing, reduced transaction fees, increased transparency, and improved security. The proposed system provides institutes with an efficient, secure, and reliable way to handle payments within their ecosystem while offering a plagiarism-free and self-developed wallet system.
KEYWORDS
Publication Date
5/26/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Digital Preservation: This article is permanently archived on Zenodo and complies with all data preservation standards across major indexing platforms.
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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