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Title: :  BlockChain Enabled Secure Electronic Auction Platform
PaperId: :  23985
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 10 Issue 3 2024
DUI:    16.0415/IJARIIE-23985
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Sathya SHindusthan college of engineering and technology
Ravikumar Hindusthan college of engineering and technology
Divya LHindusthan college of engineering and technology
Kanigaivelan SHindusthan college of engineering and technology
Mahalakshmi SHindusthan college of engineering and technology
Meena S KHindusthan college of engineering and technology

Abstract

computer Enngineering
Auction, Bidding, Buyer, seller, reserve price, Item description, auction platform
Biddings are among the oldest economic institutions in place. They have been used since antiquity to sell a wide variety of goods, and their basic form has remained unchanged. In this dissertation, we explore the efficiency of common Biddings when values are interdependent-the value to a particular bidder may depend on information available only to others-and asymmetric. In this setting, it is well known that sealed-bidBiddings do not achieve efficient allocations in general since they do not allow the information held by different bidders to be shared. Typically, in a Bidding, say of the kind used to sell art, the Bidding sets a relatively low initial price. This price is then increased until only one bidder is willing to buy the object, and the exact way this is done varies. In my model a bidder who drops out at some pricecan “re-enter” at a higher price. With the invention of E-commerce technologies over the Internet the opportunity to bid from the comfort of one’s own home has seen a change like never seen before. Within the span of a few short years, what may have begun as an experimental idea has grown to an immensely popular hobby, and in some cases, a means of livelihood, the online Bidding gathers tremendous response every day, all day.With the point and click of the mouse, one may bid on an item they may need or just want, and in moments they find that either they are the top bidder or someone else wants it more, and you’re outbid! The excitement of a Bidding all from the comfort of home is a completely different experience. The levels of comfort may rise soon but the rules to be followed remain the same.

Citations

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IJARIIE Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. "BlockChain Enabled Secure Electronic Auction Platform" International Journal Of Advance Research And Innovative Ideas In Education Volume 10 Issue 3 2024 Page 2390-2417
MLA Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. "BlockChain Enabled Secure Electronic Auction Platform." International Journal Of Advance Research And Innovative Ideas In Education 10.3(2024) : 2390-2417.
APA Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, & Meena S K. (2024). BlockChain Enabled Secure Electronic Auction Platform. International Journal Of Advance Research And Innovative Ideas In Education, 10(3), 2390-2417.
Chicago Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. "BlockChain Enabled Secure Electronic Auction Platform." International Journal Of Advance Research And Innovative Ideas In Education 10, no. 3 (2024) : 2390-2417.
Oxford Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. 'BlockChain Enabled Secure Electronic Auction Platform', International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 3, 2024, p. 2390-2417. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/BlockChain_Enabled_Secure_Electronic_Auction_Platform_ijariie23985.pdf (Accessed : ).
Harvard Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. (2024) 'BlockChain Enabled Secure Electronic Auction Platform', International Journal Of Advance Research And Innovative Ideas In Education, 10(3), pp. 2390-2417IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/BlockChain_Enabled_Secure_Electronic_Auction_Platform_ijariie23985.pdf (Accessed : )
IEEE Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K, "BlockChain Enabled Secure Electronic Auction Platform," International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 3, pp. 2390-2417, May-Jun 2024. [Online]. Available: https://ijariie.com/AdminUploadPdf/BlockChain_Enabled_Secure_Electronic_Auction_Platform_ijariie23985.pdf [Accessed : ].
Turabian Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. "BlockChain Enabled Secure Electronic Auction Platform." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 10 number 3 ().
Vancouver Sathya S, Ravikumar , Divya L, Kanigaivelan S, Mahalakshmi S, and Meena S K. BlockChain Enabled Secure Electronic Auction Platform. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2024 [Cited : ]; 10(3) : 2390-2417. Available from: https://ijariie.com/AdminUploadPdf/BlockChain_Enabled_Secure_Electronic_Auction_Platform_ijariie23985.pdf
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