Survey on Government Fund Allocation Using Blockchain
Jay Jagtap, Pradhumna Jadhav, Rushikesh Wanjale, Ninad Mane, Mrs. Hema Kumbhar · International Journal for Research in Applied Science and Engineering Technology · 2023
Abstract: Governments have a lot of responsibilities, which involves a lot of money transactions for various projects, employees, and farmer schemes. Corruption is a big problem as it's hard to track and can slow progress. We can solve this by using blockchain technology. Blockchain is a list of records that are linked and secured using cryptography. Each record contains transaction data, a timestamp, and a cryptographic hash of the previous record. We use security algorithms like AES encryption and decryption to protect the data. This project proposes a system to track government funds using key pair generation, metadata file decryption, and data verification algorithms.