RETAIL DISTRIBUTION OUTLET MANAGEMENT SYSTEM USING BLOCKCHAIN TECHNOLOGY
Blockchain is a new technology that is being used in all real-world transactions to ensure security and transparency. One of the key areas in which Block chain plays a significant role is the Public distribution System. In this paper, we present an automated public food distribution system written in Solidity.
In this section, we create a blockchain-based system that can be used to record all transactions and log details about these events.
The system employs a contract-oriented language framework that contains the majority of the features and functionalities required to carry out any type of transaction between the central government, state government, district level offices, retail ration shops, and beneficiaries/customers.
Satoshi Nakamoto created Bitcoin in 2009 , and since then, the first example of using Bitcoin’s digital exchange (digital currency) financial transactions has been measured. Bitcoin’s high volatility and complexity initially slowed its growth, but the benefits of Bitcoin, the underlying technology of bitcoin, began to gain traction.
While some advances have been made since the first bitcoin, there are now many challenging crypto currencies that are based on a similar blockchain technology core . In terms of printed money, the use of printed currency is controlled and verified by a central authority, usually a bank or government – but there is no such thing in Bitcoin.
Bitcoin transactions, on the other hand, are verified by a computer network. Blockchain has several benefits, including a distributed ledger, a decentralized system, transparency, and tamper-proof construction. Blockchain’s popularity has skyrocketed in recent years.
In terms of applications, Blockchain has several versions, including Blockchain 1.0, 2.0, and 3.0. Blockchain can be used as an immutable, decentralized ledger . A record can be effectively shared between any two parties using blockchain. Every transaction is recorded in a ledger, which is verifiable.
Security is critical for preventing and responding to harm, misuse, threats, and safety risks in order to eliminate unauthorized damage to valuable assets . The Public Distribution System (PDS) was established in India in June 1947.
To completely eliminate unauthorized activities during the distribution process, blockchain technology can be used to implement these schemes. The PDS system consists of a network with the central government, FCI (Food Corporation of India), state government, district, fair price shops, and customers all acting as nodes of the blockchain network and storing records of all transactions that have occurred between any two parties during the distribution chain.
Food grains are added to the central government’s central stock and supplied to the FCI. FCI can include commodity details (rice, wheat, pulses, oil, sugar, and so on) as well as state and district information. The FCI provides food grains to a number of states. The food grains are distributed by the state government to each of its districts.
The state government has the authority to add new beneficiaries and authorize new ration shops. Finally, food grains are distributed to beneficiaries via ration shops.
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