Technologies Usedfintech block chain
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It is difficult for the students to carry their private cash and a fear of theft in colleges. So we want to make the campus cashless by introducing a campus currency which is used only in college institutions. Each and every student will have an individual wallet and it consists of the currency(points) used in the campus. And these points can be used for the payment of various bills like mess bill, canteen bills, due in library etc. For this we are using the "Block-chain Technology", We know that block chain helps us to eliminate the third party and by using this there will be no service tax. We are going to store the transactions done by the student in the block chain by giving the student ID no as the key as each and every student will have a unique ID no. When compared to regular database, block chain is secured and by using this the college institutions will be able to know where the more number of transactions are taking place.
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