DEPARTMENT OF COMPUTER SCIENCE AND ENGINEERING

Under the Guidance of Presented By:

Dr. DASARI NAGESH 19F01A05C2 - P.MAMATHA
20F05A0507 - P.SHANMUKH
19F01A05C4 – P.CHANDHANA
(BATCH B1)
Blockchain
Based
Advanced
Banking Software
System
CONTENTS
 Abstract
 Objective of the project
 Scope of the project
 Literature Review
 Basic Concepts
 Existing System
 Drawbacks of existing system
 Proposed System
 ABSTRACT

The purpose of this project was to come up with a banking

application that will use block chain technology to assist
banks in curbing the vice of fraudulent transactions
initiated by fraudulent cards.
The model works by replacing the current architecture it
uses and replacing it with one that uses block chain
technology.
OBJECTIVE

The objective of this project is to

develop a banking application that
uses blockchain technology to
perform transactions securely.
This application can be reflected
to major banking organizations.
 SCOPE

The banking industry has been facing numerous challenges for a very

long time. The safe, secure, transparent, decentralized and cost-

effective nature of blockchain has the potential to solve these

challenges. Blockchain can transform the banking process in a more

secure, reliable, efficient, transparent and flexible way.

 BASIC CONCEPTS

 BLOCKCHAIN

 DECENTRALIZED SYSTEM

 BITCOIN

 ETHEREUM
LITERATURE REVIEW

 S. Nakamoto, “Bitcoin: A peer -to-peer electronic cashsystem,” 2008.

[Online]. Available:

 “State of blockchain q1 2016: Blockchain fundingovertakes bitcoin,”

2016.

 G. W. Peters, E. Panayi, and A. Chapelle, “Trends in crypto-

currencies and blockchain technologies: A monetary theoryand
regulation perspective,” 2015.
EXISTING SYSTEM

 The banking system involves multi-layered functioning

and is decentralized. This means that every transaction has
to pass through a couple of intermediaries.
 In decentralized System, a central server maintains the
data and sends response according the clients
requirements.
DRAWBACKS OF EXISTING SYSTEM

 Increased problem of coordination

 Self Centered Attitude

 High Cost of Operation

 PROPOSED SYSTEM

 In essence, a blockchain is a distributed ledger of records or public

databases that are openly shared among disparate users and that
creates an unchangeable record of their transactions.
 These transactions are cryptographically secured to ensure they
remain tamper-proof.
 Blockchain keeps records of every Ethereum based transaction
ever executed.
 Thus, it provides a relationship on past transactions that happened
and also, generates values belonging to a particular address.
 SYSTEM REQUIREMENTS

Software Requirements: Minimum Hardware

Requirements:
 1. VS Code 1. Laptop with Windows 11
 2. Python 2. RAM: 16GB
 3. Ganache
3. ROM: Min. 50GB
 4. Truffle Suite
4. Internet Adapter: 100Mbps
 5. Solidity
 6. Web3
 7. Visual Studio with C++
Toolchain
REFERENCES

 C. Noyes, “Bitav: Fast anti-malware by distributed blockchain consensus

and feedforward scanning,” arXiv preprint arXiv:1601.01405, 2016.
 I. Eyal and E. G. Sirer, “Majority is not enough: Bitcoinmining is
vulnerable,” in Proceedings of International Conference on Financial
Cryptography and Data Security,Berlin, Heidelberg, 2014, pp. 436454.
 A. Biryukov, D. Khovratovich, and I. Pustogarov, “Deanonymisation of
clients in bitcoin p2p network,” in Proceedings of the 2014 ACM
SIGSAC Conference on Computerand Communications Security, New
York, NY, USA, 2014, pp.15-29