Secure E-Wallet using Blockchain

A cashless economy is a system where financial transactions are made without using cash. It’s basically done by using net banking or credit and debit cards also wallets. India is mostly based on cash wherein people in India prefer to carry cash rather than use these cashless methods like net banking etc. However, India is moving towards a “cashless economy phase”. A cashless economy’s merits include less cash theft, and easy national or international payment. The Indian government is promoting a cashless economy through various apps like the BHIM app, Amazon Pay, Phone Pay, Google Pay, etc. A cashless (Digital) economy is possible and it will be more secure in India using Blockchain technology. Blockchain technology can make India cashless, transparent and secure. So, this proposed system helps users to exchange funds easily and it can be accessed from any web device, including mobile ones. Our proposed system will also maintain the privacy of any user and the user’s identity can be maintained. This proposed e-wallet will provide all features which ensure secure fund transfers.