Blockchain-based micropayment system for secured cashless small payments
This thesis is submitted in partial fulfillment of the requirements for the degree of Bachelor of Science in Computer Science and Engineering, 2021.
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Brac University
2022
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10361-169102022-06-06T21:01:29Z Blockchain-based micropayment system for secured cashless small payments Siam, Morshed Mandal, Shovon Keya, Mahmuda Akter Dhar, Swarojani Tahsin, H.M. Irfan Alam, Md. Golam Rabiul Department of Computer Science and Engineering, Brac University IOTA Blockchain IoT NFC- Near Field Communication Q-learning IOTA 2.0 DevNET Internet of things. Cryptocurrencies Blockchains (Databases) This thesis is submitted in partial fulfillment of the requirements for the degree of Bachelor of Science in Computer Science and Engineering, 2021. Cataloged from PDF version of thesis. Includes bibliographical references (pages 44-45). The Internet of Things (IoT) is driving a tremendous digitization tsunami right now. IoT devices create huge amounts of data in the internet of everything era. Many IoT data services use distributed ledger technology like blockchains or IOTA. The IOTA Foundation has completely has entirely redesign distributed ledger technology to enable for secure cash and data exchange. It was intended to enable fee-free micro-transactions in the growing IoT device network. It provides a scalable network growth approach as well as transaction confirmations to enable smart device micro-transactions. The quicker the network gets using the IOTA Tangle, the more transactions are verified. IOTA currently has a maximum transaction rate of roughly 7 transactions per second (TPS). The community network reached a maximum of 600 confirmed Transactions Per Second in May 2020. (CTPS). We propose a methodology for integrating Tangle into IoT blockchains in this article, with Tangle serving as the backbone for all IoT devices. We will use two distinct types of interfaces: web and NFC, and we will provide a solution to the message overhead problem caused by message flooding. Also, we would want to present a cost-cutting strategy that drastically cuts transaction time and storage for modest payments. The results clearly reflect the efficacy and efficiency of our framework. Morshed Siam Shovon Mandal Mahmuda Akter Keya Swarojani Dhar H.M. Irfan Tahsin B. Computer Science 2022-06-06T06:19:10Z 2022-06-06T06:19:10Z 2021 2021-09 Thesis ID 17101253 ID 18101142 ID 18101414 ID 18101145 ID 18101515 http://hdl.handle.net/10361/16910 en Brac University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 45 pages application/pdf Brac University |
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Brac University |
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Institutional Repository |
language |
English |
topic |
IOTA Blockchain IoT NFC- Near Field Communication Q-learning IOTA 2.0 DevNET Internet of things. Cryptocurrencies Blockchains (Databases) |
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IOTA Blockchain IoT NFC- Near Field Communication Q-learning IOTA 2.0 DevNET Internet of things. Cryptocurrencies Blockchains (Databases) Siam, Morshed Mandal, Shovon Keya, Mahmuda Akter Dhar, Swarojani Tahsin, H.M. Irfan Blockchain-based micropayment system for secured cashless small payments |
description |
This thesis is submitted in partial fulfillment of the requirements for the degree of Bachelor of Science in Computer Science and Engineering, 2021. |
author2 |
Alam, Md. Golam Rabiul |
author_facet |
Alam, Md. Golam Rabiul Siam, Morshed Mandal, Shovon Keya, Mahmuda Akter Dhar, Swarojani Tahsin, H.M. Irfan |
format |
Thesis |
author |
Siam, Morshed Mandal, Shovon Keya, Mahmuda Akter Dhar, Swarojani Tahsin, H.M. Irfan |
author_sort |
Siam, Morshed |
title |
Blockchain-based micropayment system for secured cashless small payments |
title_short |
Blockchain-based micropayment system for secured cashless small payments |
title_full |
Blockchain-based micropayment system for secured cashless small payments |
title_fullStr |
Blockchain-based micropayment system for secured cashless small payments |
title_full_unstemmed |
Blockchain-based micropayment system for secured cashless small payments |
title_sort |
blockchain-based micropayment system for secured cashless small payments |
publisher |
Brac University |
publishDate |
2022 |
url |
http://hdl.handle.net/10361/16910 |
work_keys_str_mv |
AT siammorshed blockchainbasedmicropaymentsystemforsecuredcashlesssmallpayments AT mandalshovon blockchainbasedmicropaymentsystemforsecuredcashlesssmallpayments AT keyamahmudaakter blockchainbasedmicropaymentsystemforsecuredcashlesssmallpayments AT dharswarojani blockchainbasedmicropaymentsystemforsecuredcashlesssmallpayments AT tahsinhmirfan blockchainbasedmicropaymentsystemforsecuredcashlesssmallpayments |
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1814308555742773248 |