Analysis of Block Chain based E-Procurement System -A Novel Approach

Priya, N. and Ponnavaikko, M. and Aantonny, Rex (2019) Analysis of Block Chain based E-Procurement System -A Novel Approach. JOURNAL OF MECHANICS OF CONTINUA AND MATHEMATICAL SCIENCES. pp. 145-155. ISSN 2454-7190

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Abstract

In recent years everything is digitalized in the world. E-procurement is one of the services used by the government in business sectors. Security is the main aspect of this e-procurement method. In existing systems, various cryptographic mechanisms are used. Recently block chain made a tremendous change in business and economic activities. blockchain is a distributed ledger that stores the transactions in a secure and immutable way. In this paper Blockchain mechanism is introduced in the proposed system for a secure E-Procurement system. Hyper ledger composer supporting e-procurement framework is designed. Few consensus algorithms in blockchainare discussed to support the blockchain method.

Item Type: Article
Uncontrolled Keywords: E-Procurement, cryptography, security, block chain, consensus, hyper ledger composer
Subjects: Engineering > Mechanics
Divisions: Engineering and Technology > Aarupadai Veedu Institute of Technology, Chennai, India > Computer Science and Engineering
Arts and Science > School of Arts and Science, Chennai, India > Computer Science
Depositing User: Unnamed user with email techsupport@mosys.org
Last Modified: 06 Feb 2026 07:11
URI: https://ir.vmrfdu.edu.in/id/eprint/6874

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