Government Fund Distribution and Tracking System

Authors

  • Saket Sharma  Student, Department of Computer Engineering, Dr. D. Y. Patil School of Engineering, Lohegoan, Savitribai Phule Pune University, Pune, Maharashtra, India
  • Raj jaiswal  Student, Department of Computer Engineering, Dr. D. Y. Patil School of Engineering, Lohegoan, Savitribai Phule Pune University, Pune, Maharashtra, India
  • Davendra Rathi  Student, Department of Computer Engineering, Dr. D. Y. Patil School of Engineering, Lohegoan, Savitribai Phule Pune University, Pune, Maharashtra, India
  • Farah Sayyed  Student, Department of Computer Engineering, Dr. D. Y. Patil School of Engineering, Lohegoan, Savitribai Phule Pune University, Pune, Maharashtra, India
  • Gaurav Tiwari  Professor, Department of Computer Engineering, Dr. D. Y. Patil School of Engineering, Lohegoan, Savitribai Phule Pune University, Pune, Maharashtra, India

Keywords:

Blockchain, Security, Transparency, Encryption, Government Funds, Cryptography.

Abstract

A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data. In this we propose a system to track funds allocated to the government as they travel through the government process at each stage. This system uses block-chain technology to maintain the transparency & security at every stage as the funds move ahead. This system allows o maintain the crystal-clear record with all users who are connected in the chain to transaction the data on a need to know basis. The system makes use of encryption to secure transactional data using hash values to maintain a block of transactions in a chain manner which is maintained & verified by every node involved to verify the transaction and save the data in a transparent form within the government. The system allows for a full proof, secure & authentic fund allocation & fund tracking system help to form an incorruptible government procedure.

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IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology

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Published

2019-10-30

Issue

Volume 4, Issue 8, September-October-2019

Section

Research Articles

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
Saket Sharma, Raj jaiswal, Davendra Rathi, Farah Sayyed, Gaurav Tiwari, " Government Fund Distribution and Tracking System, IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 4, Issue 8, pp.119-124, September-October-2019.