Cashless Transaction Using Bct

Cashless Transaction Using Bct

Author Name : Prof. Sayalee Deshmukh ma’am, Mansee Charde, Karishma Chaugule, Deepa Godse, Rucha Ghorpade

ABSTRACT

As a developing world, employment opportunities in the country's major cities are greater than in rural cities. For socio-economic reasons, there is a higher migration rate to big cities. Smart cities incorporate both technology and creativity, not only helping to change the environment, but also making citizens' daily lives simpler.An important feature of a smart city is cashless payments. Efforts to develop a viable cashless system are being made by organizations across the spectrum. Cashless transactions make travel and payment systems simpler on a regular basis, thereby reducing time and saving resources. Citizens can pay for their journey with just a tap, with POS deployed in locations such as train stations and bus stands.Cashless transactions also assist the economy. A study conducted by Visa in 100 cities in 2017 found that net benefits and digital transaction revenues contribute an estimated 3 percent to the individual GDP of the region. Here we are going to build a cashless transaction prototype model using BCT functionality using the Java programming language.The project will run as a local host, and WLAN will be used to connect between the site and Android.

Keywords: cashless transaction, block chain , AES, SHA 256, Java, etc