Online Fraud Detector using Cutting Edge Technology
This Project detect the frauds of online payment and it will quite beneficial for the coming years because in the coming year paper currency will no more use and everything would be done through web, so it can be a revolution in the field of online payment.
Project Title
Online Fraud Detector using Cutting Edge Technology
Project Area of Specialization
Project Summary
This Project detect the frauds of online payment and it will quite beneficial for the coming years because in the coming year paper currency will no more use and everything would be done through web, so it can be a revolution in the field of online payment.
Project Objectives
The main objective is, firstly, to identify the different types of credit card fraud, secondly, to review alternative techniques that have been used in fraud detection and then inform the owner of the credit card about the type of fraud and give access to seize all type of activity
Project Implementation Method
We are going design a system which will run on cloud and users are connected to it using Virtual Machine (VM) on the cload. There is a Main Node which contain every information about transactions, deposits and Transfers etc.
We are Going to use BlockChain technology to make this Data secure and Identifying Fraudalent activities. For this are going to use AWS services and RFID.
Benefits of the Project
Because of the developing prominence of the Web, there is an expanding number of individuals who performs e-business exchanges. Then again, this prevalence has additionally pulled in the consideration of crooks, raising the quantity of extortion cases in Web and money related misfortunes that arrive at billions of dollars for each year. So as to assess this procedure, to distinguish extortion in online installment frameworks.
Technical Details of Final Deliverable
We are Going to Use Cload Infrastructure mainly in order to establish servers. Also we will use BlockChain Technology for Security. We will design a Website for UI so that user can access through Interface. RFID for wireless transfer of data also a credit card scan machine for data entering and Authorization
Final Deliverable of the Project
Core Industry
Other Industries
Core Technology
Other Technologies
Sustainable Development Goals
Required Resources
| Item Name | Type | No. of Units | Per Unit Cost (in Rs) | Total (in Rs) |
|---|---|---|---|---|
| Amazon Web services | Equipment | 5 | 12000 | 60000 |
| RFID | Equipment | 1 | 6000 | 6000 |
| Fingerprint Recognition Module FPM10A sensor | Equipment | 1 | 4000 | 4000 |
| Researching & shipping of Equipment and transports | Miscellaneous | 1 | 5000 | 5000 |
| Total in (Rs) | 75000 |
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