click here to download project abstract of tender management
click here to download project base paperAbstract of tender management project:
This postgraduate project focuses on the development of a Smart tender /Contract managementSystem using the Solidity programming language and blockchain technology. The current tender and contract management systems often face challenges related to transparency, security, and efficiency. The proposed solution strategically capitalizes on the decentralized and transparent characteristics of blockchain to effectively tackle these issues, thereby elevating the overall efficiency and effectiveness of the management process.
Existing System:
Conventional tender and contract management systems hinge on centralized databases, thereby raising substantial concerns, including issues such as data manipulation, a dearth of transparency, and vulnerability to unauthorized access. Moreover, these systems often struggle to adapt to evolving requirements and emerging challengesThese limitations necessitate the exploration of innovative solutions to improve the efficiency and security of the existing systems.
Proposed System:
The proposed Smart Tender/Contract Management System employs a blockchain-based approach to ensure transparency, immutability, and secure record-keeping. Smart contracts, implemented in Solidity, will automate and enforce contract terms, reducing the need for intermediaries. The system will offer a decentralized platform for tender issuance, submission, evaluation, and contract execution.
System Requirements:
The system requires a decentralized blockchain network, preferably Ethereum, to execute and validate smart contracts. Additionally, it needs a reliable internet connection for users to interact with the platform.
Hardware Requirements:
- Servers capable of hosting blockchain nodes.
- Adequate storage space for maintaining the blockchain ledger.
- Secure and reliable computing devices for users.
Software Requirements:
- Ethereum blockchain client for node deployment.
- Solidity compiler for smart contract development.
- Web development tools for creating the user interface.
- Database management system for storing non-sensitive data.
Architecture of tender management system :
The system architecture follows a decentralized model, with nodes distributed across the network. Smart contracts handle tender and contract processes, ensuring transparency and automation. The architecture includes layers for data storage, smart contract execution, and user interfaces.
Technologies Used:
- Ethereum blockchain for decentralized ledger and smart contract execution.
- Solidity programming language for smart contract development.
- Web3.js for interaction between the web interface and the Ethereum blockchain.
- HTML, CSS, and JavaScript for building the web user interface.
- Database management system for storing non-blockchain related data.
Web User Interface:
The web interface provides a user-friendly platform for stakeholders to participate in the tendering and contract management processes. Users can submit tenders, track the evaluation process, and view contract details. The interface will integrate seamlessly with the blockchain backend, ensuring real-time updates and secure interactions.
