STATE GOVERNMENT FUND ALLOCATION & TRACKING SYSTEM OVER BLOCK CHAIN
Keywords:
block chain, cryptography, transaction, hashing, timestamp, authenticity, security, transparency.Abstract
The state government working involves a large number of transactions activities towards various
operations throughout the state. This includes new actions, initiatives, projects, granting contracts, farmer
schemes, and so on. One of the most challenging factors that top governments face is low-level corruption
which at times is hard to follow and denies the state progress. As a result of the current system, tracking is
very problematic and this provides needy people with a service that is sometimes difficult to track, which
deprives them. In this case, we use block chain which enables cryptography and transaction security at
every stage while maintaining transparency so that every transaction is backed up with proof of its
authenticity. Hence, we present a framework that uses block chain innovation and a full-proof fund
transfer system. Block chain contains growing list of records called blocks. Cryptographically hashed
data, a timestamp, and recent transactions are included in each block.