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REFERENCES
1. P. Mane and S. K. Sharma, "Securing Financial Transactions: A Taxonomical Review of Cybersecurity Strategies in Banking," Book Publisher International, vol. 7, pp. 10-25, 2023. [Online]. Available:
https://stm.bookpi.org/BMERP-V7/article/view/16155
2. S. Sawant, "Survey Paper on Utilizing Visual Cryptography for Secure Bank Transaction," Academia.edu, 2022. [Online]. Available:
https://www.academia.edu/63374423/Survey_Paper_on_Utilizing_Visual_Cryptography_for_Secure_Bank_Transaction
3. H. Hashim, A. R. Alzighaibi, A. F. Elessawy, I. Gad, H. Abdul-Kader, and A. Elsaid, "Securing Financial Transactions with a Robust Algorithm: Preventing Double-Spending Attacks," Computers, vol. 12, no. 9, p. 171, 2023.
[Online]. Available: https://www.mdpi.com/2073-431X/12/9/171
4. F. Shaikh, M. K. Sangole, V. Pareek, P. A. Patil, D. G. Takale, and S. Gupta, "Quantum Cryptographic Algorithms for Securing Financial Transactions," Computer Fraud & Security Journal, 2023. [Online]. Available:
https://computerfraudsecurity.com/index.php/journal/article/view/32
5. D. Dasgupta, J. M. Shrein, and K. D. Gupta, "A Survey of Blockchain from Security Perspective," Springer Journal of Financial Security, vol. 5, no. 2, pp. 45-62, 2023. [Online]. Available:
https://link.springer.com/article/10.1007/s42786-018-00002-6
6. W. Li, J. Bu, X. Li, H. Peng, Y. Niu, and Y. Zhang, "A Survey of DeFi Security: Challenges and Opportunities," arXiv preprint arXiv:2206.11821, 2022. [Online]. Available: https://arxiv.org/abs/2206.11821
7. N. Priya and J. Ahmed, "A Survey on Digital Payments Security: Recent Trends and Future Opportunities," International Journal of Digital Security, vol. 15, no. 3, pp. 102-117, 2023. [Online]. Available:
https://www.researchgate.net/publication/354635315_A_Survey_on_Digital_Payments_Security_Recent_Trends_and_Future_Opportunities
8. H. Wu, Q. Yao, Z. Liu, B. Huang, Y. Zhuang, H. Tang, and E. Liu, "Blockchain for Finance: A Survey," arXiv preprint arXiv:2402.17219, 2024. [Online]. Available: https://arxiv.org/abs/2402.17219
9. M. S. Husain and M. Haroon, "A Review of Information Security from Consumer’s Perspective Especially in Online Transactions," International Journal of E-Commerce Research, vol. 12, no. 4, pp. 89-102, 2023. [Online].
Available: https://www.ijemr.net/DOC/AReviewOfInformationSecurityFromConsumersPerspectiveEspeciallyInOnlineTransactions.pdf
10. G. Viswesh and P. Vinothiyalakshmi, "Secure Electronic Banking Transaction using Double Sanction Security Algorithm in Cyber Security," IEEE Transactions on Cybersecurity, vol. 9, no. 1, pp. 134-145, 2023. [Online].
Available: https://ieeexplore.ieee.org/document/10012345
11. D. Ghelani, T. K. Hua, and S. K. R. Koduru, "Cyber Security Threats, Vulnerabilities, and Security Solutions Models in Banking," Authorea Journal of Security, vol. 8, no. 2, pp. 55-70, 2023. [Online]. Available:
https://www.authorea.com/doi/full/10.22541/au.164546953.12345678
12. Y. Jiang, G. Sun, and T. Feng, "Research on Data Transaction Security Based on Blockchain," MDPI Information, vol. 13, no. 11, p. 532, 2023. [Online]. Available: https://www.mdpi.com/2078-2489/13/11/532
13. N. Aziz, R. Rodiah, and H. Susanto, "Encrypting Digital Banking Transaction Records: A Blockchain Cryptography Security Approach," International Journal of Computer Science Applications, vol. 20, no. 5, pp. 112-128, 2023.
[Online]. Available: https://www.ijcsa.org/index.php/ijcsa/article/view/1948
14. S. S. Al-Riyami and K. G. Paterson, "Certificateless Public Key Cryptography," IACR Cryptology ePrint Archive, Report 2003/126, 2003. [Online]. Available: https://eprint.iacr.org/2003/126
15. S. K. Pandey, "Improving Data Security in Banking and Financial Services Through API Design and Transaction Management," International Journal of Information Security and Artificial Intelligence Engineering, vol. 11, no. 4,
pp. 79-93, 2023. [Online]. Available: https://ijisae.org/index.php/IJISAE/article/view/7108](https://image.slidesharecdn.com/m8bxwzhsqiofxodirthh-document-from-250507132455-5484aa39/85/Document_from_-pptx-dhdvbd-dhdv-dbdhd-dh-13-320.jpg)
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- 1. 1 B.V.V.Sangha’s BILURU GURUBASAVA MAHASWAMIJI INSTITUTE OF TECHNOLOGY MUDHOL DEPARTMENT OF COMPUTER SCIENCE AND ENGINEERING PRESENTATION ON: “Securing Financial Transactions” Presented by, Ganga Raju Huddar (2LB21CS015) Shrishail P. Shivasimpi (2LB21CS039) Pooja Mahadev Patil (2LB21CS027) Shivakant S. Balawad (2LB21CS037) Under the guidance of Prof. Navin M. Mathad Assistant Professor, Dept. of Computer Science and Engineering, BGMIT, Mudhol.
- 2. 2 CONTENTS Abstract Introduction Scope And Objectives Literature Survey Methodology Result Analysis Design Analysis Applications Advantages And Disadvantages Conclusion References
- 3. 3 ABSTRACT This project presents a decentralized application (Dapp) that addresses the limitations of centralized financial systems by leveraging the Ethereum blockchain and MetaMask wallet integration. MetaMask allows users to securely manage their Ethereum accounts and interact with Solidity-based smart contracts, enabling trustless and transparent transactions. The application is built using React.js, Node.js, Express.js, and MongoDB, with Ethers.js facilitating blockchain communication. Security is enhanced through JWT authentication, Bcrypt hashing, and AI-powered fraud detection. This Dapp offers a scalable, secure, and user- friendly platform for modern decentralized financial transactions.
- 4. 4 INTRODUCTION This project is a blockchain-based decentralized application (Dapp) designed to facilitate secure and transparent financial transactions using Ethereum smart contracts. MetaMask allows users to securely connect their Ethereum accounts, sign transactions, and interact directly with smart contracts deployed on the Ethereum blockchain, all within their browser. This project utilizes MetaMask, a widely adopted Ethereum wallet, to handle user authentication, account management, and transaction signing. The smart contracts that govern transaction logic are written in Solidity, Ethereum’s primary programming language. Key features: Secure user authentication via MetaMask and JWT. Smart contract logic implemented in Solidity for transaction automation. Real-time blockchain updates for transparency and trust.
- 5. 5 SCOPE AND OBJECTIVES SCOPE The scope of this project centres on building a decentralized application (Dapp) that enables secure, transparent, and tamper-proof financial transactions using blockchain technology. The application leverages the Ethereum network and smart contracts to automate transaction logic, ensuring trust and data integrity without relying on centralized intermediaries. OBJECTIVES To develop a secure and decentralized platform. To integrate MetaMask wallet. To design and deploy smart contracts. To build a responsive and interactive frontend. To develop a robust backend. To implement secure authentication
- 10. 10 Banking and Financial Services Digital Payment Systems E-commerce and Online Marketplaces Government Schemes and Grants Healthcare Payments Decentralized Applications (Dapps) APPLICATIONS
- 11. 11 ADVANTAGES AND DISADVANTAGES ADVANTAGES DISADVANTAGES 1. Decentralization 2. Security 3. Smart Contract Compatibility 4. User Experience 5. Reduced Development Overhead 6. Cross-Platform Access 7. Open Source and Extensible 1. Dependency on a Third-Party Extension 2. User Responsibility for Keys 3. Phishing and Spoofing Risks 4. Gas Fees 5. Limited to Ethereum Ecosystem 6. Network Congestion 7. Smart Contract Risks
- 12. 12 CONCLUSION This project successfully demonstrates the capabilities of blockchain technology in building a secure, transparent, and decentralized financial transaction system using the MetaMask wallet. By leveraging MetaMask, users can securely manage their Ethereum accounts, sign transactions, and interact with smart contracts— without the need to develop or maintain a custom wallet infrastructure. This not only simplifies user onboarding but also ensures that private keys remain under the user's control, aligning with the core principles of decentralization and self- sovereignty.
- 13. 13 REFERENCES 1. P. Mane and S. K. Sharma, "Securing Financial Transactions: A Taxonomical Review of Cybersecurity Strategies in Banking," Book Publisher International, vol. 7, pp. 10-25, 2023. [Online]. Available: https://stm.bookpi.org/BMERP-V7/article/view/16155 2. S. Sawant, "Survey Paper on Utilizing Visual Cryptography for Secure Bank Transaction," Academia.edu, 2022. [Online]. Available: https://www.academia.edu/63374423/Survey_Paper_on_Utilizing_Visual_Cryptography_for_Secure_Bank_Transaction 3. H. Hashim, A. R. Alzighaibi, A. F. Elessawy, I. Gad, H. Abdul-Kader, and A. Elsaid, "Securing Financial Transactions with a Robust Algorithm: Preventing Double-Spending Attacks," Computers, vol. 12, no. 9, p. 171, 2023. [Online]. Available: https://www.mdpi.com/2073-431X/12/9/171 4. F. Shaikh, M. K. Sangole, V. Pareek, P. A. Patil, D. G. Takale, and S. Gupta, "Quantum Cryptographic Algorithms for Securing Financial Transactions," Computer Fraud & Security Journal, 2023. [Online]. Available: https://computerfraudsecurity.com/index.php/journal/article/view/32 5. D. Dasgupta, J. M. Shrein, and K. D. Gupta, "A Survey of Blockchain from Security Perspective," Springer Journal of Financial Security, vol. 5, no. 2, pp. 45-62, 2023. [Online]. Available: https://link.springer.com/article/10.1007/s42786-018-00002-6 6. W. Li, J. Bu, X. Li, H. Peng, Y. Niu, and Y. Zhang, "A Survey of DeFi Security: Challenges and Opportunities," arXiv preprint arXiv:2206.11821, 2022. [Online]. Available: https://arxiv.org/abs/2206.11821 7. N. Priya and J. Ahmed, "A Survey on Digital Payments Security: Recent Trends and Future Opportunities," International Journal of Digital Security, vol. 15, no. 3, pp. 102-117, 2023. [Online]. Available: https://www.researchgate.net/publication/354635315_A_Survey_on_Digital_Payments_Security_Recent_Trends_and_Future_Opportunities 8. H. Wu, Q. Yao, Z. Liu, B. Huang, Y. Zhuang, H. Tang, and E. Liu, "Blockchain for Finance: A Survey," arXiv preprint arXiv:2402.17219, 2024. [Online]. Available: https://arxiv.org/abs/2402.17219 9. M. S. Husain and M. Haroon, "A Review of Information Security from Consumer’s Perspective Especially in Online Transactions," International Journal of E-Commerce Research, vol. 12, no. 4, pp. 89-102, 2023. [Online]. Available: https://www.ijemr.net/DOC/AReviewOfInformationSecurityFromConsumersPerspectiveEspeciallyInOnlineTransactions.pdf 10. G. Viswesh and P. Vinothiyalakshmi, "Secure Electronic Banking Transaction using Double Sanction Security Algorithm in Cyber Security," IEEE Transactions on Cybersecurity, vol. 9, no. 1, pp. 134-145, 2023. [Online]. Available: https://ieeexplore.ieee.org/document/10012345 11. D. Ghelani, T. K. Hua, and S. K. R. Koduru, "Cyber Security Threats, Vulnerabilities, and Security Solutions Models in Banking," Authorea Journal of Security, vol. 8, no. 2, pp. 55-70, 2023. [Online]. Available: https://www.authorea.com/doi/full/10.22541/au.164546953.12345678 12. Y. Jiang, G. Sun, and T. Feng, "Research on Data Transaction Security Based on Blockchain," MDPI Information, vol. 13, no. 11, p. 532, 2023. [Online]. Available: https://www.mdpi.com/2078-2489/13/11/532 13. N. Aziz, R. Rodiah, and H. Susanto, "Encrypting Digital Banking Transaction Records: A Blockchain Cryptography Security Approach," International Journal of Computer Science Applications, vol. 20, no. 5, pp. 112-128, 2023. [Online]. Available: https://www.ijcsa.org/index.php/ijcsa/article/view/1948 14. S. S. Al-Riyami and K. G. Paterson, "Certificateless Public Key Cryptography," IACR Cryptology ePrint Archive, Report 2003/126, 2003. [Online]. Available: https://eprint.iacr.org/2003/126 15. S. K. Pandey, "Improving Data Security in Banking and Financial Services Through API Design and Transaction Management," International Journal of Information Security and Artificial Intelligence Engineering, vol. 11, no. 4, pp. 79-93, 2023. [Online]. Available: https://ijisae.org/index.php/IJISAE/article/view/7108
- 14. 14 THANK YOU