BLOCKCHAIN

PROJECT: GROUP
6
 PROBLEM STATEMENT
 Indian Government has approached a team of
Blockchain Developers to create a secure crypto
currency which will be monitored by the government
for a approval system for verification of individual
transactions,
 Salient features which were demanded by the Govt
Authorities are as follows:
 Strong Cryptography security.
 Traceability of transactions
 Decentralized Peer-to-Peer secure transactions
 SWOT ANALYSIS

•• Robust •• Initial Phase •• Market •• Lack of

Strengths

Weakness

Threats
Opportunities
• Speed
Speed • Volatile
Volatile Market
Market Potential
Potential Awareness
Awareness
•• Tamper
Tamper Proof
Proof •• Network
Network • User
User friendly
friendly • Competitors
Competitors
•• Transparency
Transparency dependent
dependent •• Tracing
Tracing Black
Black controlling
controlling the
the
•• Privacy money
money market
Privacy
Protection
Bharat Coin Features Miner 1
 Proof Of Work
 SHA512 Hash Algorithm Miner 7 Miner 2
 Transaction Details
 Sender Name
 Sender PAN Details
 Receiver Name
 Receiver PAN Details Miner 6 Miner 3
 Amount
 Network of 7 Miners
 Secured By PAN Verification
 Created a Database for Secured Transactions
Miner 5 Miner 4
 BLOCKCHAIN
IMPLEMENTATION
Transaction
valid Function
Replace Chain • Validation of
Function the
Mine Block • Broadcast to transaction
Function other users.
Add • Default
Transaction transaction
Connect Node Function for that
Function • Give Sender, particular
Get Chain • Connection Receiver and node.
Function of 7 miners amount
• Genesis into details to add
Block interconnecte into memory
Creation d network. pool.
 BLOCKCHAIN
IMPLEMENTATION
NAME PAN DETAILS
Akash EZCPS2002R
 ADD TRANSACTION Anirudh EZCPS3003R
(Valid) Pritha EZCPS4004R
Mima EZCPS5005R
 Created a Database of 10
Virat EZCPS6006R
PAN Cards
Sachin EZCPS7007R
 If entered PAN details are Suresh EZCPS8008R
valid, then only it will be Ryan EZCPS9009R

added to the block. Elon EZCPS1001R

 BLOCKCHAIN
IMPLEMENTATION
NAME PAN DETAILS
Akash EZCPS2002R
 ADD TRANSACTION Anirudh EZCPS3003R
(Invalid) Pritha EZCPS4004R

 Created a Database of 10 Mima EZCPS5005R

PAN Cards Virat EZCPS6006R

Sachin EZCPS7007R
 If entered PAN details are Suresh EZCPS8008R
not valid, then it will show
Ryan EZCPS9009R
error.
Elon EZCPS1001R
Conclusion
 Secured and Encrypted network.
 Virtual Currency has high market potential globally. So, the Government
should introduce crypto currencies.
 Moving away from physical cash to complete electronic money based
system should have a technology that is resilient.
 It can be added as an alternate source of income for the Govt. by
introducing taxes provided Bharat Coin is considered as a capital asset.
THANK YOU