Securing E-Commerce Payments Decentralized Crypto is a B.Tech project topic for Information Technology. It gives students a clear starting point for research, implementation planning, and documentation.
Securing E-Commerce Payments Decentralized Crypto Project Details
| Abstract |
The rapid expansion of digital commerce platforms has introduced significant challenges concerning payment security and transactional trust. Online transactions frequently encounter issues such as payment fraud, unauthorized fund diversions, and delayed settlement processes, often exacerbated by an overreliance on centralized financial intermediaries. These traditional systems typically incur additional operational costs and present inherent vulnerabilities that diminish overall consumer confidence. This research proposes a novel blockchain-driven decentralized crypto escrow payment framework specifically designed to mitigate these prevalent issues in e-commerce. The framework operates by temporarily securing buyer funds within a smart contract-governed escrow system, rather than routing them directly to merchant accounts. Funds are released only upon the verifiable satisfaction of
all predefined transaction conditions, which include successful order fulfillment and confirmed product delivery. In instances of dispute or transaction failure, the system is engineered to automatically execute pre-coded refund protocols, thereby eliminating the need for manual intervention and streamlining conflict resolution. This approach aims to foster enhanced trust between buyers and sellers, significantly elevate payment security standards, and establish a transparent, auditable transaction environment through the robust application of decentralized finance principles.
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| Reference Paper |
Securing E-Commerce Payments using Decentralized Crypto Escrow |
| Domain |
Information Technology |
| Sub-Domain |
E-Commerce Systems |
| PDF Download |
Download / View PDF |
| Get Help |
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