Lottery System Using Blockchain

Ankit Shah (CS-IOT, 4th year)

Divyanshu Srivastava (CS-IOT, 4th year)
Manas Kumar Srivastava (CS-IOT, 4th year)
Manish Singh Tomar (CS-IOT, 4th year)
Supervisor Name – Inderdeep Verma

Abstract
Traditional lottery systems have long grappled with issues related to fairness,
accountability, and trust. This project explores the integration of blockchain
technology into lottery systems, with the goal of addressing these challenges and
revolutionizing the industry. Conventional lottery systems often lack transparency,
making them susceptible to manipulation and eroding trust. Blockchain's inherent
decentralization and immutability offer a promising solution. This project leverages
blockchain technology to create a transparent, secure, and trustless lottery
mechanism. The traditional lottery system has been plagued with issues related to
transparency, fairness, and trust. To address these concerns, the adoption of
blockchain technology has gained significant momentum in recent years. This
project aims to create a revolutionary lottery system using blockchain, which
combines the principles of decentralization, immutability, and transparency to
ensure a fair and secure platform for participants.
Blockchain, a distributed ledger technology, allows for the creation of a tamper-
proof record of transactions, ensuring that all lottery entries and draws are
transparent and can be independently verified by participants and regulators. By
leveraging smart contracts, the lottery process becomes automated, reducing the risk
of manipulation or fraud. In addition, the use of cryptocurrencies for ticket purchases
enhances the anonymity and security of participants, as well as providing instant and
global accessibility to the lottery system. This project seeks to harness the power of
blockchain technology to revolutionize the lottery industry, offering a transparent
and secure platform that fosters trust and fairness for all participants, ultimately
transforming the way lotteries are conducted and experienced. In this blockchain-
based lottery system, participants can trust the transparency and fairness of every
draw, thanks to the immutable ledger and smart contracts. Cryptocurrencies further
enhance the security and accessibility of the platform, creating a revolution in the
lottery industry.