xBid - blockchain-based auction platform
This final year project aims to develop xBid, a proof-of-concept blockchain-based auction system with a focus on peer-to-peer usage. The system will utilise the security and transparency of blockchain technology, providing a reliable and secure platform for users to transact via smart contracts. xBi...
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| Format: | Final Year Project (FYP) |
| Language: | English |
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Nanyang Technological University
2023
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| Online Access: | https://hdl.handle.net/10356/165999 |
| _version_ | 1826110346849419264 |
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| author | Lee, Peter Jia De |
| author2 | Anwitaman Datta |
| author_facet | Anwitaman Datta Lee, Peter Jia De |
| author_sort | Lee, Peter Jia De |
| collection | NTU |
| description | This final year project aims to develop xBid, a proof-of-concept blockchain-based auction system with a focus on peer-to-peer usage. The system will utilise the security and transparency of blockchain technology, providing a reliable and secure platform for users to transact via smart contracts. xBid features an auction platform for users to list and place bids on products, providing users with the opportunity to maximise their profits while acting as a hub for products to be listed on multiple platforms reducing logistical overhead of maintain availability. In addition, the system will provide aftersales service that leverage the power of decentralised voting to settle disputes between buyers and sellers. The project's main goal is to demonstrate how blockchain technology can create an efficient online auction system that meets the needs of the community. Additionally, the project will discuss various concerns and challenges such as sustainability of the system and privacy. |
| first_indexed | 2024-10-01T02:32:54Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/165999 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:32:54Z |
| publishDate | 2023 |
| publisher | Nanyang Technological University |
| record_format | dspace |
| spelling | ntu-10356/1659992023-04-21T15:38:34Z xBid - blockchain-based auction platform Lee, Peter Jia De Anwitaman Datta School of Computer Science and Engineering Anwitaman@ntu.edu.sg Engineering::Computer science and engineering::Software::Software engineering This final year project aims to develop xBid, a proof-of-concept blockchain-based auction system with a focus on peer-to-peer usage. The system will utilise the security and transparency of blockchain technology, providing a reliable and secure platform for users to transact via smart contracts. xBid features an auction platform for users to list and place bids on products, providing users with the opportunity to maximise their profits while acting as a hub for products to be listed on multiple platforms reducing logistical overhead of maintain availability. In addition, the system will provide aftersales service that leverage the power of decentralised voting to settle disputes between buyers and sellers. The project's main goal is to demonstrate how blockchain technology can create an efficient online auction system that meets the needs of the community. Additionally, the project will discuss various concerns and challenges such as sustainability of the system and privacy. Bachelor of Engineering (Computer Science) 2023-04-18T12:14:21Z 2023-04-18T12:14:21Z 2023 Final Year Project (FYP) Lee, P. J. D. (2023). xBid - blockchain-based auction platform. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/165999 https://hdl.handle.net/10356/165999 en application/pdf Nanyang Technological University |
| spellingShingle | Engineering::Computer science and engineering::Software::Software engineering Lee, Peter Jia De xBid - blockchain-based auction platform |
| title | xBid - blockchain-based auction platform |
| title_full | xBid - blockchain-based auction platform |
| title_fullStr | xBid - blockchain-based auction platform |
| title_full_unstemmed | xBid - blockchain-based auction platform |
| title_short | xBid - blockchain-based auction platform |
| title_sort | xbid blockchain based auction platform |
| topic | Engineering::Computer science and engineering::Software::Software engineering |
| url | https://hdl.handle.net/10356/165999 |
| work_keys_str_mv | AT leepeterjiade xbidblockchainbasedauctionplatform |