The document describes Money Pad, a proposed replacement for paper currency using biometrics. Money Pad would use fingerprint recognition technology to provide secure electronic transactions. It would store a user's bank account information, including their fingerprint, to enable debit transactions. A fingerprint reader would verify the user's identity against the stored fingerprint before approving transactions from the Money Pad e-wallet. The document outlines how Money Pad could work, its technical implementation using biometrics, and its potential applications for secure e-commerce payments.
The document describes Money Pad, an electronic cash handling system that uses fingerprint recognition to authenticate users. It works by capturing, extracting, comparing, and matching fingerprint data to determine if a user is authorized. Money Pad aims to improve security over credit cards and smart cards while allowing for instant clearing of funds and secure transactions. It could be used for online payments, digital cash transfer, and daily transactions once supporting infrastructure like e-banks are more widely available.
This presentation introduces Money Pad, a proposed future wallet that would replace traditional paper-based wallets. Money Pad uses biometric fingerprint recognition for secure identity verification and transactions. It would allow contactless payments and digital cash transfers using an internet-connected device. Money Pad offers advantages over credit cards like unlimited access to funds, no transaction fees, and eliminating the risk of lost or stolen cards. The presentation concludes that as internet usage grows, Money Pad could replace cards as a more convenient way to perform cashless transactions anywhere in the world through fingerprint authentication on a single device.
This document summarizes a seminar presentation on Money Pad, an e-cash handling system that uses fingerprint recognition to authenticate users for transactions. It describes the current credit/debit card system and its limitations. The Money Pad architecture uses biometric technology to allow for instant clearing of funds, strong security, and avoidance of physical wallets or cards. It has applications in e-banking, e-commerce, and daily transactions. The Money Pad aims to provide instant clearing, eliminate payment risk, and enable secure transactions through strong encryption.
The document proposes a new digital wallet called MoneyPad that uses biometrics for secure electronic transactions. MoneyPad would replace physical cash and cards by storing digital cash and transaction information. It uses fingerprint recognition technology for authentication. MoneyPad aims to enable instant funds clearing, eliminate payment risk, and provide strong encryption for secure transactions of digital currency. It could be used for e-banking, e-commerce, and mobile payments. The document outlines the technical details and implementation of MoneyPad, as well as why it would be useful for users and merchants.
The document describes Money Pad, which is proposed as a replacement for paper currency and cards for electronic transactions. Money Pad uses fingerprint recognition for security. It would store digital cash and transaction information. To use it, a user would register at a bank, providing fingerprints. The Money Pad would then store the user's account information and fingerprint for verification during transactions. It aims to provide instant funds transfers, avoid insecure cash carrying, and ensure strong security for electronic payments.
The document describes Money Pad, a proposed future wallet that uses biometrics and a magnetic disk to securely store transaction and identity information. Money Pad aims to provide a more convenient and secure alternative to carrying cash and using credit/debit cards. It would allow instant transfer of funds between parties during purchases with strong security via fingerprint recognition and encryption. The document outlines how Money Pad could be implemented and sees it as having applications in electronic banking, e-commerce, and daily transactions if usability and security standards are met.
The document summarizes a seminar report on Money-Pad, a proposed future wallet that holds digital cash and financial information rather than paper cash. Money-Pad uses biometric fingerprint recognition for secure authentication of transactions. It allows for instant clearing of funds without transaction fees or credit limits. In the future, as internet access expands globally, financial transactions may be conducted via small fingerprint recognition devices without need for physical cards or pads.
The document describes Money Pad, a proposed replacement for paper currency using biometrics. Money Pad would use fingerprint recognition technology to provide secure electronic transactions. It would store a user's bank account information, including their fingerprint, to enable debit transactions. A fingerprint reader would verify the user's identity against the stored fingerprint before approving transactions from the Money Pad e-wallet. The document outlines how Money Pad could work, its technical implementation using biometrics, and its potential applications for secure e-commerce payments.
The document describes Money Pad, an electronic cash handling system that uses fingerprint recognition to authenticate users. It works by capturing, extracting, comparing, and matching fingerprint data to determine if a user is authorized. Money Pad aims to improve security over credit cards and smart cards while allowing for instant clearing of funds and secure transactions. It could be used for online payments, digital cash transfer, and daily transactions once supporting infrastructure like e-banks are more widely available.
This presentation introduces Money Pad, a proposed future wallet that would replace traditional paper-based wallets. Money Pad uses biometric fingerprint recognition for secure identity verification and transactions. It would allow contactless payments and digital cash transfers using an internet-connected device. Money Pad offers advantages over credit cards like unlimited access to funds, no transaction fees, and eliminating the risk of lost or stolen cards. The presentation concludes that as internet usage grows, Money Pad could replace cards as a more convenient way to perform cashless transactions anywhere in the world through fingerprint authentication on a single device.
This document summarizes a seminar presentation on Money Pad, an e-cash handling system that uses fingerprint recognition to authenticate users for transactions. It describes the current credit/debit card system and its limitations. The Money Pad architecture uses biometric technology to allow for instant clearing of funds, strong security, and avoidance of physical wallets or cards. It has applications in e-banking, e-commerce, and daily transactions. The Money Pad aims to provide instant clearing, eliminate payment risk, and enable secure transactions through strong encryption.
The document proposes a new digital wallet called MoneyPad that uses biometrics for secure electronic transactions. MoneyPad would replace physical cash and cards by storing digital cash and transaction information. It uses fingerprint recognition technology for authentication. MoneyPad aims to enable instant funds clearing, eliminate payment risk, and provide strong encryption for secure transactions of digital currency. It could be used for e-banking, e-commerce, and mobile payments. The document outlines the technical details and implementation of MoneyPad, as well as why it would be useful for users and merchants.
The document describes Money Pad, which is proposed as a replacement for paper currency and cards for electronic transactions. Money Pad uses fingerprint recognition for security. It would store digital cash and transaction information. To use it, a user would register at a bank, providing fingerprints. The Money Pad would then store the user's account information and fingerprint for verification during transactions. It aims to provide instant funds transfers, avoid insecure cash carrying, and ensure strong security for electronic payments.
The document describes Money Pad, a proposed future wallet that uses biometrics and a magnetic disk to securely store transaction and identity information. Money Pad aims to provide a more convenient and secure alternative to carrying cash and using credit/debit cards. It would allow instant transfer of funds between parties during purchases with strong security via fingerprint recognition and encryption. The document outlines how Money Pad could be implemented and sees it as having applications in electronic banking, e-commerce, and daily transactions if usability and security standards are met.
The document summarizes a seminar report on Money-Pad, a proposed future wallet that holds digital cash and financial information rather than paper cash. Money-Pad uses biometric fingerprint recognition for secure authentication of transactions. It allows for instant clearing of funds without transaction fees or credit limits. In the future, as internet access expands globally, financial transactions may be conducted via small fingerprint recognition devices without need for physical cards or pads.
The document discusses the future of digital payments and introduces the "Money pad", a device that will replace physical wallets and allow users to store digital cash and financial information. The Money pad uses biometric fingerprint recognition for secure authentication and can be used to perform remote electronic payments and transactions. It provides advantages over traditional payment methods like credit cards by enabling instant clearing of funds and more secure encryption during transactions. The Money pad is proposed as a solution that meets the future requirements of instant fund transfers, payment security, and elimination of physical payment methods.
This document is a seminar report submitted by Shubham Kolapkar about a proposed digital payment system called Money Pad. Money Pad uses biometric fingerprint recognition for authentication, storing the user's fingerprint on a hard disk. When making a payment, the user places their finger on the Money Pad, which scans and matches it to the stored print to verify the user's identity before allowing transactions. This provides secure electronic cash payments to facilitate online and remote transactions as the world moves away from physical cash. The report provides background on existing payment methods and their limitations, then describes how Money Pad would work and the technologies involved.
The document proposes a "Money Pad" as a future replacement for physical currency and payment cards. The Money Pad uses fingerprint recognition for security and would allow users to perform contactless electronic payments and transactions by placing their finger on the device. It would be linked to the user's bank account and e-wallet, and could be used make remote digital payments and transfers. The Money Pad is presented as a more secure alternative to existing payment methods that aims to facilitate instant electronic transactions.
The document discusses the "Money Pad", a proposed future replacement for physical wallets. The Money Pad would store digital cash and financial information, updated wirelessly. It would eliminate the need for paper cash, coins, and cards. Transactions using the Money Pad and biometric fingerprint authentication would allow for secure, instant fund transfers. The Money Pad could revolutionize mobile commerce by facilitating remote digital payments.
This document discusses money pad, a proposed future wallet that would replace traditional wallets. Money pad would use biometric fingerprint recognition and operate through secure internet connections to banks. It would allow contactless transactions and access to digital cash without needing physical money, cards, or checks. Money pad offers advantages like convenience, security, and accessibility for online transactions and payments. However, current credit cards and smart cards have limitations like expense, renewal requirements, and transaction limits that money pad aims to address as technology advances into a more digital world.
All-in-One Intelligent Shopping Trolley with Automatic Billing and Payment Sy...IRJET Journal
This document describes a proposed intelligent shopping trolley system with automated billing and payment capabilities. Key features of the system include using a barcode reader and sensors to automatically identify and track items added to the cart. It would allow customers to pay for their purchases using various digital payment methods directly from the cart, without needing to wait in line. The system is intended to improve the shopping experience for customers and help retailers compete with online shopping. It would be implemented using an Arduino Mega microcontroller connected to sensors, a barcode reader, and wireless communication modules.
The document describes a proposed digital payment system called the Money Pad. The Money Pad uses biometric authentication via fingerprint scanning to securely store and transact digital cash. It aims to provide advantages over existing payment methods like credit cards and smart cards by enabling instant funds clearing, strong security through biometrics, and eliminating the need to carry physical cash. The Money Pad consists of a touch sensor to record fingerprints and a magnetic disk to store authentication details, bank information, and digital cash balances. It is envisioned as a convenient way to perform electronic payments and banking transactions using digital cash.
The document is a seminar report on "Money Pad: The Future Wallet" presented by two students, Patel Jinkal P. and Patel Krushna C., to partially fulfill their degree at Gujarat Technological University. It discusses the future of digital currency and introduces Money Pad, a proposed electronic wallet that uses fingerprint recognition for secure transactions.
The document provides an introduction to the concept of digital/electronic cash and cashless transactions. It discusses how physical currency and paper-based transactions are being replaced by digital forms of payment using technologies like smart cards, digital cash, and instant fund transfers. It introduces the concept of a "Money Pad" which uses biometric fingerprint recognition to provide secure access to a user's digital cash and financial information. The Money Pad would store this digital cash and data, and could be automatically updated via a PDA or satellite connection. It emphasizes the importance of protecting individual privacy and rights as these electronic payment systems develop.
IRJET- Smartcard Less-Biometric Technique(SLBT) User Authentication Defending...IRJET Journal
The document proposes a Smartcard Less Biometric Technique (SLBT) to authenticate users and secure access to personal accounts. SLBT aims to reduce crime and illegitimate access by linking individual identification numbers to bank accounts. Users can access their accounts using fingerprint authentication at ATMs instead of debit cards. The system stores fingerprint data on an Internet of Things (IoT) module. If a fingerprint is not matched after three attempts, the account is locked to enhance security. The proposed technique aims to prevent unauthorized access to accounts without requiring users to carry debit cards.
Biometrics is the study of automated identification, by use of physical or behavioural traits.
Check the slide where you will get all the information related to fingerprint technology like how it works, what are the requirements, process, etc.
A presentation for Professional Communication class in the freshman year of undergrad, Computer Science & Engineering at KIIT University, to test my public speaking skills. My professor appreciated it a lot and I scored the highest in class.
This document is a project report submitted by four students to fulfill the requirements for a Bachelor of Technology degree in Electronics and Communication Engineering. The project proposes developing an ATM transaction system using facial recognition technology. It discusses the need to improve security for ATM transactions due to the rise in ATM fraud. The proposed system would integrate facial recognition into the identity verification process at ATMs, using both a physical card, PIN, and facial biometrics to authenticate users and prevent fraud. The report describes the processes involved in facial recognition technology and outlines the proposed system and its components.
The document presents information on Money Pad, a proposed future wallet that uses biometric fingerprint recognition and digital currency instead of physical money, cards, and checks. Money Pad would allow contactless transactions through secure internet connections to main databases. It would be more convenient than existing payment methods as it could be used anywhere without limits, PINs, or card renewal. The wallet is positioned as the natural evolution for financial transactions as society moves to online and paperless systems.
The document discusses smart cards, including their history, components, types, applications and advantages/disadvantages. Smart cards were invented in 1968 and are credit card sized devices that contain memory and microprocessors. They have two main types - memory only and microprocessor chips. Common applications include banking, retail, mobile phones, electronic payment and healthcare. Smart cards provide benefits such as convenience, security and portability but also have disadvantages like potential fees and liability if lost or stolen.
With cashless society being the current hot topic .. Digital Wallets surely is one of the means to achieve it. Here is a brief description of what is it and how it works ..
The document discusses initiatives by the Indian government to promote digital payments in India. It outlines incentives like discounts on fuel, tolls, and rail tickets for digital transactions under Rs. 2000. It introduces the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana programs that reward consumers and merchants for digital transactions between Rs. 50-3000 through daily, weekly and mega prize draws, with prizes up to Rs. 1 crore for consumers and Rs. 50 lakh for merchants. The programs are aimed at promoting and rewarding digital payments through RuPay cards, UPI, AEPS and USSD, and are being implemented by the National Payments Corporation of India.
The document discusses e-wallets, which allow users to store payment information like credit cards and bank accounts in a secure online environment. E-wallets can be used to send money to others via cell phone numbers and make payments without re-entering account details. Smart card technology powers e-wallets, using microprocessor chips to serve multiple applications. E-wallets offer advantages like convenience and control over payments, but also have disadvantages like potential for easy duplication and limited lifetime. The document provides an overview of e-wallets and their uses, features, payment methods, advantages, and applications.
This document provides an overview of smart cards, including their history and uses. It discusses how smart cards ease logistical issues for wireless carriers by storing subscription information externally on the card rather than internally on the device. This allows users to easily personalize and depersonalize devices and supports a global distribution network. Smart cards also provide opportunities for value-added services, enhancing security and creating switching costs for users. Various industries and applications are exploring uses of smart cards, with financial services being an early adopter. Overall smart cards provide secure authentication and a platform for new services in wireless and other industries.
Biometric ATM are used for wide range of applications like for Banking, Coupons & Self service ATM. Biometrics ATM offer ATM type interface along with at-least one Biometrics capture device like Fingerprint Scanner, Iris camera, Palm/Finger Vein scanner , Face recognition camera. They are often called Multi-Biometrics ATM, Wall mount Biometrics ATM, Biometrics Devices / Machine.
Most of the ATM in the past have been using ID cards to identify users but with the wide acceptance of Biometrics , a new generation of Biometrics ATM are being deployed for wide range of applications worldwide.
This document discusses biometric ATMs as an authentication method that uses physiological characteristics like fingerprints instead of passwords or cards. It notes that biometric ATMs can help solve issues with ATM fraud by providing stronger authentication through factors like fingerprint, iris, or facial recognition alone or combined with cards and PINs. The document outlines the components of a biometric system and various biometric methods like fingerprints, facial recognition, iris scans that are being used in biometric ATMs. It suggests biometric ATMs can reduce costs compared to traditional card-based ATMs while providing convenient and secure access for users.
The document discusses the future of digital payments and introduces the "Money pad", a device that will replace physical wallets and allow users to store digital cash and financial information. The Money pad uses biometric fingerprint recognition for secure authentication and can be used to perform remote electronic payments and transactions. It provides advantages over traditional payment methods like credit cards by enabling instant clearing of funds and more secure encryption during transactions. The Money pad is proposed as a solution that meets the future requirements of instant fund transfers, payment security, and elimination of physical payment methods.
This document is a seminar report submitted by Shubham Kolapkar about a proposed digital payment system called Money Pad. Money Pad uses biometric fingerprint recognition for authentication, storing the user's fingerprint on a hard disk. When making a payment, the user places their finger on the Money Pad, which scans and matches it to the stored print to verify the user's identity before allowing transactions. This provides secure electronic cash payments to facilitate online and remote transactions as the world moves away from physical cash. The report provides background on existing payment methods and their limitations, then describes how Money Pad would work and the technologies involved.
The document proposes a "Money Pad" as a future replacement for physical currency and payment cards. The Money Pad uses fingerprint recognition for security and would allow users to perform contactless electronic payments and transactions by placing their finger on the device. It would be linked to the user's bank account and e-wallet, and could be used make remote digital payments and transfers. The Money Pad is presented as a more secure alternative to existing payment methods that aims to facilitate instant electronic transactions.
The document discusses the "Money Pad", a proposed future replacement for physical wallets. The Money Pad would store digital cash and financial information, updated wirelessly. It would eliminate the need for paper cash, coins, and cards. Transactions using the Money Pad and biometric fingerprint authentication would allow for secure, instant fund transfers. The Money Pad could revolutionize mobile commerce by facilitating remote digital payments.
This document discusses money pad, a proposed future wallet that would replace traditional wallets. Money pad would use biometric fingerprint recognition and operate through secure internet connections to banks. It would allow contactless transactions and access to digital cash without needing physical money, cards, or checks. Money pad offers advantages like convenience, security, and accessibility for online transactions and payments. However, current credit cards and smart cards have limitations like expense, renewal requirements, and transaction limits that money pad aims to address as technology advances into a more digital world.
All-in-One Intelligent Shopping Trolley with Automatic Billing and Payment Sy...IRJET Journal
This document describes a proposed intelligent shopping trolley system with automated billing and payment capabilities. Key features of the system include using a barcode reader and sensors to automatically identify and track items added to the cart. It would allow customers to pay for their purchases using various digital payment methods directly from the cart, without needing to wait in line. The system is intended to improve the shopping experience for customers and help retailers compete with online shopping. It would be implemented using an Arduino Mega microcontroller connected to sensors, a barcode reader, and wireless communication modules.
The document describes a proposed digital payment system called the Money Pad. The Money Pad uses biometric authentication via fingerprint scanning to securely store and transact digital cash. It aims to provide advantages over existing payment methods like credit cards and smart cards by enabling instant funds clearing, strong security through biometrics, and eliminating the need to carry physical cash. The Money Pad consists of a touch sensor to record fingerprints and a magnetic disk to store authentication details, bank information, and digital cash balances. It is envisioned as a convenient way to perform electronic payments and banking transactions using digital cash.
The document is a seminar report on "Money Pad: The Future Wallet" presented by two students, Patel Jinkal P. and Patel Krushna C., to partially fulfill their degree at Gujarat Technological University. It discusses the future of digital currency and introduces Money Pad, a proposed electronic wallet that uses fingerprint recognition for secure transactions.
The document provides an introduction to the concept of digital/electronic cash and cashless transactions. It discusses how physical currency and paper-based transactions are being replaced by digital forms of payment using technologies like smart cards, digital cash, and instant fund transfers. It introduces the concept of a "Money Pad" which uses biometric fingerprint recognition to provide secure access to a user's digital cash and financial information. The Money Pad would store this digital cash and data, and could be automatically updated via a PDA or satellite connection. It emphasizes the importance of protecting individual privacy and rights as these electronic payment systems develop.
IRJET- Smartcard Less-Biometric Technique(SLBT) User Authentication Defending...IRJET Journal
The document proposes a Smartcard Less Biometric Technique (SLBT) to authenticate users and secure access to personal accounts. SLBT aims to reduce crime and illegitimate access by linking individual identification numbers to bank accounts. Users can access their accounts using fingerprint authentication at ATMs instead of debit cards. The system stores fingerprint data on an Internet of Things (IoT) module. If a fingerprint is not matched after three attempts, the account is locked to enhance security. The proposed technique aims to prevent unauthorized access to accounts without requiring users to carry debit cards.
Biometrics is the study of automated identification, by use of physical or behavioural traits.
Check the slide where you will get all the information related to fingerprint technology like how it works, what are the requirements, process, etc.
A presentation for Professional Communication class in the freshman year of undergrad, Computer Science & Engineering at KIIT University, to test my public speaking skills. My professor appreciated it a lot and I scored the highest in class.
This document is a project report submitted by four students to fulfill the requirements for a Bachelor of Technology degree in Electronics and Communication Engineering. The project proposes developing an ATM transaction system using facial recognition technology. It discusses the need to improve security for ATM transactions due to the rise in ATM fraud. The proposed system would integrate facial recognition into the identity verification process at ATMs, using both a physical card, PIN, and facial biometrics to authenticate users and prevent fraud. The report describes the processes involved in facial recognition technology and outlines the proposed system and its components.
The document presents information on Money Pad, a proposed future wallet that uses biometric fingerprint recognition and digital currency instead of physical money, cards, and checks. Money Pad would allow contactless transactions through secure internet connections to main databases. It would be more convenient than existing payment methods as it could be used anywhere without limits, PINs, or card renewal. The wallet is positioned as the natural evolution for financial transactions as society moves to online and paperless systems.
The document discusses smart cards, including their history, components, types, applications and advantages/disadvantages. Smart cards were invented in 1968 and are credit card sized devices that contain memory and microprocessors. They have two main types - memory only and microprocessor chips. Common applications include banking, retail, mobile phones, electronic payment and healthcare. Smart cards provide benefits such as convenience, security and portability but also have disadvantages like potential fees and liability if lost or stolen.
With cashless society being the current hot topic .. Digital Wallets surely is one of the means to achieve it. Here is a brief description of what is it and how it works ..
The document discusses initiatives by the Indian government to promote digital payments in India. It outlines incentives like discounts on fuel, tolls, and rail tickets for digital transactions under Rs. 2000. It introduces the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana programs that reward consumers and merchants for digital transactions between Rs. 50-3000 through daily, weekly and mega prize draws, with prizes up to Rs. 1 crore for consumers and Rs. 50 lakh for merchants. The programs are aimed at promoting and rewarding digital payments through RuPay cards, UPI, AEPS and USSD, and are being implemented by the National Payments Corporation of India.
The document discusses e-wallets, which allow users to store payment information like credit cards and bank accounts in a secure online environment. E-wallets can be used to send money to others via cell phone numbers and make payments without re-entering account details. Smart card technology powers e-wallets, using microprocessor chips to serve multiple applications. E-wallets offer advantages like convenience and control over payments, but also have disadvantages like potential for easy duplication and limited lifetime. The document provides an overview of e-wallets and their uses, features, payment methods, advantages, and applications.
This document provides an overview of smart cards, including their history and uses. It discusses how smart cards ease logistical issues for wireless carriers by storing subscription information externally on the card rather than internally on the device. This allows users to easily personalize and depersonalize devices and supports a global distribution network. Smart cards also provide opportunities for value-added services, enhancing security and creating switching costs for users. Various industries and applications are exploring uses of smart cards, with financial services being an early adopter. Overall smart cards provide secure authentication and a platform for new services in wireless and other industries.
Biometric ATM are used for wide range of applications like for Banking, Coupons & Self service ATM. Biometrics ATM offer ATM type interface along with at-least one Biometrics capture device like Fingerprint Scanner, Iris camera, Palm/Finger Vein scanner , Face recognition camera. They are often called Multi-Biometrics ATM, Wall mount Biometrics ATM, Biometrics Devices / Machine.
Most of the ATM in the past have been using ID cards to identify users but with the wide acceptance of Biometrics , a new generation of Biometrics ATM are being deployed for wide range of applications worldwide.
This document discusses biometric ATMs as an authentication method that uses physiological characteristics like fingerprints instead of passwords or cards. It notes that biometric ATMs can help solve issues with ATM fraud by providing stronger authentication through factors like fingerprint, iris, or facial recognition alone or combined with cards and PINs. The document outlines the components of a biometric system and various biometric methods like fingerprints, facial recognition, iris scans that are being used in biometric ATMs. It suggests biometric ATMs can reduce costs compared to traditional card-based ATMs while providing convenient and secure access for users.
This document discusses using fingerprint biometrics for authentication in ATM machines. It defines ATMs and outlines issues with current identification methods like stolen cards and shared PINs. Fingerprint biometrics could solve these issues through multi-factor authentication combining cards, PINs, and fingerprints. The document then covers fingerprint patterns, how fingerprint scanners work to enroll and verify prints, and the system design of a biometric ATM including hardware and software components. Potential advantages are discussed like increased security over shared passwords, with disadvantages including higher costs.
International Journal of Engineering and Science Invention (IJESI) is an international journal intended for professionals and researchers in all fields of computer science and electronics. IJESI publishes research articles and reviews within the whole field Engineering Science and Technology, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
IoT and its applications ..presentation on the latest emerging technologiesjana262
The document discusses Internet of Things (IoT) and its applications in various industries including finance. It defines IoT as interconnected computing devices, objects, animals or people that are provided with unique identifiers and can transfer data over a network. It explains that IoT uses sensors to connect people, systems and applications to collect and share data. Some key benefits of IoT for the finance industry discussed are improved customer service, real-time feedback, enabling IoT payments, improving credit risk management and fraud detection, streamlining operations and auditing. Challenges of IoT discussed are security issues, dealing with large amounts of redundant data, privacy concerns, and complexity of compliance.
IRJET - Artificial Intelligence and Aadhaar Based Smart ATMIRJET Journal
This document proposes combining artificial intelligence and Aadhaar ID to improve security for ATM transactions. When a customer inserts their card, the system would retrieve their stored facial image and fingerprint from bank/Aadhaar databases. It would then use AI to validate the customer's live facial scan and fingerprint against the stored images before allowing transactions. This two-factor biometric authentication aims to prevent unauthorized access to accounts through stolen cards, skimming, or other fraud techniques. The system requirements and potential machine learning algorithms for facial and fingerprint matching are also outlined.
IRJET- Artificial Intelligence based Smart ATMIRJET Journal
This document proposes an artificial intelligence-based smart ATM system with enhanced security features. It summarizes existing ATM security issues and proposes adding biometric authentication using fingerprints instead of cards and PINs. The proposed system uses AI for easy user interaction, image processing to detect issues like insufficient funds, and additional security measures like automatic door locking, alerts to law enforcement, and limiting the number of users in the ATM area at one time. The goal is to add multiple layers of security to reduce ATM fraud and theft compared to existing card-and-PIN based systems.
This document discusses biometrics and its uses for identity verification. It begins by introducing biometrics as automated methods of verifying identity using physiological or behavioral characteristics. It then provides a brief history of biometrics, describes different types of biometric technologies including fingerprint, face, iris, and voice recognition. It explains how biometric systems work by recording and comparing characteristics. The document discusses the advantages of biometrics over traditional passwords and smart cards in providing more secure identity verification. It also outlines several applications of biometrics including attendance tracking, mobile banking, government services, and more. It concludes by suggesting biometrics will continue integrating into new devices and applications to securely verify identities.
This PPT includes the explanation on various types of Electronic payment systems used its working and the recent trends in E-commerce and Electronic payments with special reference to India, It also speaks of various security issues related with e commerce and the use of e-payment systems.
The document discusses the history and features of automatic teller machines (ATMs). It begins by explaining how ATMs provide convenient banking access for customers 24/7. It then describes the basic functions of an ATM and how customers can deposit, withdraw, and check balances without bank employees. The document outlines the origins of the first ATM in the 1960s and its growth. It also covers the types of ATMs, how to use an ATM, the advantages and disadvantages, and newer technologies like biometric authentication and real-time gross settlement systems.
The document discusses the use of biometric authentication technologies like fingerprints for ATMs in rural India. It notes that biometric ATMs can help illiterate and barely literate rural residents access banking services by establishing their identity through biometrics rather than passwords. The document outlines some companies in India that are developing biometric solutions for ATMs, including fingerprint authentication systems. It also discusses the benefits of biometric ATMs, how biometric authentication systems work, and provides examples of different biometric technologies like fingerprint recognition and face recognition.
This document discusses biometric authentication for ATMs. It begins with an introduction to biometrics and how various biometric systems like fingerprint and facial recognition are being used for real-time identification. It then addresses issues with current ATM authentication methods like card fraud and sharing of PINs. Biometric ATMs are presented as a solution by providing strong authentication without hidden card costs. The document proceeds to describe different biometric systems including fingerprint, hand, and iris scanning. It concludes by noting biometrics offers greater security than traditional methods and some countries have already implemented biometric ATMs.
Economics, money, and the way we make payments have undergone several changes since the time of the Stone Age. In a sense all these are key indicators of our progress as a species. The primitive methods indicated our primitive way of living. Similarly, the current payment methods powered by cutting-edge technology boast our technological achievements of today.
Biometric turnstile is a kind of pedestrian turnstile gate integrated with a variety of biometric equipment such as a fingerprint scanner, face recognition camera, etc. In this way, the pedestrian turnstile gate has diversified identification methods, realizes various functions, and meets the use needs of various occasions. According to different identification methods, the pedestrian turnstile gate can be divided into turnstile gate with card reader, QR code turnstile, biometric turnstile. Today, we’ll mainly learn about biometric turnstile.
For more information, please check our website:
https://mairsturnstile.com/biometric-turnstile.html
The document summarizes a seminar report on Money-Pad, a proposed future wallet that holds digital cash and financial information rather than paper cash. Money-Pad uses biometric fingerprint recognition for secure transactions. It allows for instant clearing of funds and eliminates payment risks associated with credit cards. Transactions are also more secure through strong encryption. Money-Pad can be used for e-banking, e-payments, digital cash transfers and other online transactions. It provides a convenient and secure way to carry out daily financial tasks and online purchases.
BIOMETRIC AND MAGIC PIN AUTHENTICATION SYSTEM FOR ATMIRJET Journal
This document discusses a proposed biometric and magic PIN authentication system for ATMs. The system would combine the use of a physical access card, a randomly generated "MagicPIN", and facial recognition using deep convolutional neural networks. If adopted, the system aims to improve security by verifying card owners' identities through biometric authentication in addition to requiring possession of the access card. The system is intended to help solve problems of account security and ensure only the real account owner can access their accounts. It analyzes related work on ATM security and discusses how the proposed system could provide benefits like being more secure, convenient, and preventing fraud compared to existing PIN-based authentication methods.
IRJET- Security for Building & ATM MachineIRJET Journal
This document proposes a system to improve security for buildings and ATM machines using Aadhar verification and biometric authentication. The system would require users to verify their identity via Aadhar number and fingerprint scan to enter a building or use an ATM. This would help reduce theft and allow unauthorized activities to be tracked via CCTV footage. The system aims to make ATM transactions more secure by replacing cards with biometric verification through Aadhar. Fingerprint data would be stored along with user details in a database for identity matching and transaction authorization.
Bank computerization in India increased after economic liberalization in 1991. The Reserve Bank of India set up committees in 1984 and 1988 to define banking technology standards and coordinate computerization efforts. The 1984 committee recommended introducing MICR technology and standardized cheque forms. The 1988 committee emphasized computerizing clearing house settlement operations and increasing branch connectivity through computers. Automated teller machines allow customers to perform basic transactions without a bank representative. Customers use an ATM card and PIN for authentication. ATMs make cash available 24/7 and are part of interbank networks. HSBC introduced the first ATM in India in 1987. Electronic clearing service is an electronic funds transfer between bank accounts, used for payments like salaries, dividends, and loan
Similar to Biopay By Dharmendra Singh[Srm University] Ncr Delhi (20)
ACEP Magazine edition 4th launched on 05.06.2024Rahul
This document provides information about the third edition of the magazine "Sthapatya" published by the Association of Civil Engineers (Practicing) Aurangabad. It includes messages from current and past presidents of ACEP, memories and photos from past ACEP events, information on life time achievement awards given by ACEP, and a technical article on concrete maintenance, repairs and strengthening. The document highlights activities of ACEP and provides a technical educational article for members.
Using recycled concrete aggregates (RCA) for pavements is crucial to achieving sustainability. Implementing RCA for new pavement can minimize carbon footprint, conserve natural resources, reduce harmful emissions, and lower life cycle costs. Compared to natural aggregate (NA), RCA pavement has fewer comprehensive studies and sustainability assessments.
Embedded machine learning-based road conditions and driving behavior monitoringIJECEIAES
Car accident rates have increased in recent years, resulting in losses in human lives, properties, and other financial costs. An embedded machine learning-based system is developed to address this critical issue. The system can monitor road conditions, detect driving patterns, and identify aggressive driving behaviors. The system is based on neural networks trained on a comprehensive dataset of driving events, driving styles, and road conditions. The system effectively detects potential risks and helps mitigate the frequency and impact of accidents. The primary goal is to ensure the safety of drivers and vehicles. Collecting data involved gathering information on three key road events: normal street and normal drive, speed bumps, circular yellow speed bumps, and three aggressive driving actions: sudden start, sudden stop, and sudden entry. The gathered data is processed and analyzed using a machine learning system designed for limited power and memory devices. The developed system resulted in 91.9% accuracy, 93.6% precision, and 92% recall. The achieved inference time on an Arduino Nano 33 BLE Sense with a 32-bit CPU running at 64 MHz is 34 ms and requires 2.6 kB peak RAM and 139.9 kB program flash memory, making it suitable for resource-constrained embedded systems.
A review on techniques and modelling methodologies used for checking electrom...nooriasukmaningtyas
The proper function of the integrated circuit (IC) in an inhibiting electromagnetic environment has always been a serious concern throughout the decades of revolution in the world of electronics, from disjunct devices to today’s integrated circuit technology, where billions of transistors are combined on a single chip. The automotive industry and smart vehicles in particular, are confronting design issues such as being prone to electromagnetic interference (EMI). Electronic control devices calculate incorrect outputs because of EMI and sensors give misleading values which can prove fatal in case of automotives. In this paper, the authors have non exhaustively tried to review research work concerned with the investigation of EMI in ICs and prediction of this EMI using various modelling methodologies and measurement setups.
DEEP LEARNING FOR SMART GRID INTRUSION DETECTION: A HYBRID CNN-LSTM-BASED MODELgerogepatton
As digital technology becomes more deeply embedded in power systems, protecting the communication
networks of Smart Grids (SG) has emerged as a critical concern. Distributed Network Protocol 3 (DNP3)
represents a multi-tiered application layer protocol extensively utilized in Supervisory Control and Data
Acquisition (SCADA)-based smart grids to facilitate real-time data gathering and control functionalities.
Robust Intrusion Detection Systems (IDS) are necessary for early threat detection and mitigation because
of the interconnection of these networks, which makes them vulnerable to a variety of cyberattacks. To
solve this issue, this paper develops a hybrid Deep Learning (DL) model specifically designed for intrusion
detection in smart grids. The proposed approach is a combination of the Convolutional Neural Network
(CNN) and the Long-Short-Term Memory algorithms (LSTM). We employed a recent intrusion detection
dataset (DNP3), which focuses on unauthorized commands and Denial of Service (DoS) cyberattacks, to
train and test our model. The results of our experiments show that our CNN-LSTM method is much better
at finding smart grid intrusions than other deep learning algorithms used for classification. In addition,
our proposed approach improves accuracy, precision, recall, and F1 score, achieving a high detection
accuracy rate of 99.50%.
Advanced control scheme of doubly fed induction generator for wind turbine us...IJECEIAES
This paper describes a speed control device for generating electrical energy on an electricity network based on the doubly fed induction generator (DFIG) used for wind power conversion systems. At first, a double-fed induction generator model was constructed. A control law is formulated to govern the flow of energy between the stator of a DFIG and the energy network using three types of controllers: proportional integral (PI), sliding mode controller (SMC) and second order sliding mode controller (SOSMC). Their different results in terms of power reference tracking, reaction to unexpected speed fluctuations, sensitivity to perturbations, and resilience against machine parameter alterations are compared. MATLAB/Simulink was used to conduct the simulations for the preceding study. Multiple simulations have shown very satisfying results, and the investigations demonstrate the efficacy and power-enhancing capabilities of the suggested control system.
International Conference on NLP, Artificial Intelligence, Machine Learning an...gerogepatton
International Conference on NLP, Artificial Intelligence, Machine Learning and Applications (NLAIM 2024) offers a premier global platform for exchanging insights and findings in the theory, methodology, and applications of NLP, Artificial Intelligence, Machine Learning, and their applications. The conference seeks substantial contributions across all key domains of NLP, Artificial Intelligence, Machine Learning, and their practical applications, aiming to foster both theoretical advancements and real-world implementations. With a focus on facilitating collaboration between researchers and practitioners from academia and industry, the conference serves as a nexus for sharing the latest developments in the field.
CHINA’S GEO-ECONOMIC OUTREACH IN CENTRAL ASIAN COUNTRIES AND FUTURE PROSPECTjpsjournal1
The rivalry between prominent international actors for dominance over Central Asia's hydrocarbon
reserves and the ancient silk trade route, along with China's diplomatic endeavours in the area, has been
referred to as the "New Great Game." This research centres on the power struggle, considering
geopolitical, geostrategic, and geoeconomic variables. Topics including trade, political hegemony, oil
politics, and conventional and nontraditional security are all explored and explained by the researcher.
Using Mackinder's Heartland, Spykman Rimland, and Hegemonic Stability theories, examines China's role
in Central Asia. This study adheres to the empirical epistemological method and has taken care of
objectivity. This study analyze primary and secondary research documents critically to elaborate role of
china’s geo economic outreach in central Asian countries and its future prospect. China is thriving in trade,
pipeline politics, and winning states, according to this study, thanks to important instruments like the
Shanghai Cooperation Organisation and the Belt and Road Economic Initiative. According to this study,
China is seeing significant success in commerce, pipeline politics, and gaining influence on other
governments. This success may be attributed to the effective utilisation of key tools such as the Shanghai
Cooperation Organisation and the Belt and Road Economic Initiative.
Literature Review Basics and Understanding Reference Management.pptxDr Ramhari Poudyal
Three-day training on academic research focuses on analytical tools at United Technical College, supported by the University Grant Commission, Nepal. 24-26 May 2024
Using recycled concrete aggregates (RCA) for pavements is crucial to achieving sustainability. Implementing RCA for new pavement can minimize carbon footprint, conserve natural resources, reduce harmful emissions, and lower life cycle costs. Compared to natural aggregate (NA), RCA pavement has fewer comprehensive studies and sustainability assessments.
2. Introduction
AIM : To create a biometric sensing machine which will help people in
paying their bills with the help of their finger print.
3. Literature Survey
1)Biometric Sensor:
• A biometric sensing machine is a security identification&
authentication device. This device uses automated method of
verifying the identity of a living person based on a
physiological or behavioral . This characteristics includes
fingerprint ,&voice recognition
• The study of automated identification, by use of physical or
behavioral traits.
• A fingerprint sensor is an electronic device used to capture a
digital image of the fingerprint pattern.
5. 2) Card Swiping Machine:
• An EDC machine (also known as a card swipe machine) is a
payment terminal provided by the bank on which the
merchant can swipe or dip cards to receive payments. Since
the card can be a debit card or a debit card, the machine is
also known as a credit card swipe machine or a debit card
swipe machine.
6. Idea Proposed
• Idea of the project is to make a card swiping machine which will
have a fingerprint sensor through which people could pay their
shopping bills.
• The fingerprint details will be stored in the database of the bank.
• Whenever someone applies his fingerprint on the sensor , he will be
automatically connected to his bank account and transaction will be
done.
7. Design
• The machine can be made by attaching the fingerprint sensor with
card swiping machine.
8. • This fingerprint scanner was developed by Arduino for lock systems.
In this system a transistor, an LCD chip, a resistors, lock and an
Arduino chip is used. This model is the easiest model that can be
used to make a biopay machine as this is not a complex system and
can be easily connected with the card swiping machine.
9. • Here the sensor chip can be the finger print sensor chip and this
could be easily connected to the Arduino system and therefore
biopay can be made.
• When the connection is made , the sensor will work and unlock the
lock in the system that will enable the machine to send the signal to
the bank that a transaction is being processed and the verification of
the transaction has been done by the user and he is willing to spend
his money from the account. After this, money will be deducted
from the account of the user.
• This is how we can make biopay using fingerprint sensor and a card
swiping machine.
11. Implementation
• Firstly we would have to link our Aadhar card to the bank account so
that finger print details are accessed by the bank. This method of
payment will be added by the bank.
• To make a biopay we would first take a biometric sensor which has
finger print scanning technology. We would then take a credit/debit
card swiping machine and join the fingerprint sensor at the
magnetic chip sensor and make them compatible with each other.
As the machine accesses the database of the bank, the finger print
sensor will also be linked to the database. After the linking is
complete, the user will be able to use the finger print sensor which
will directly connect the person to his/her account.
12. Outcome
Advantages
• It is faster and easier method of payment.
• Shopping can be done at anytime ,even if a person is not carrying
anything with him.
• It is useful when credits card breaks or cracks.
• It is a very secure method of payment.
• Getting in stolen is not a problem.
• Getting it copied is not a problem.
• Being used by anyone else is not a problem.
13. Limitations
• If a person has different bank accounts ,then this could cause a
problem in payment.
Solution: After applying fingerprint an option will appear which
will provide himher with bank option from which heshe will
choose the bank through which he wants to pay.
• If by some reason ,the biometric sensor does not work or fails.
Solution: Bio pay will also provide card swiping system so that there is no issue
of payment.
14. Future Scope
• Biometric verification is gaining a lot of popularity among the public
security systems as well as in the commercial market. In our daily
life, we witness the use of biometric in so many places such as the
digital attendance system at offices, security checkpoints at
airports, wearable tech gadgets retrieving our biological
information, and even our national ID cards aka Aadhaar cards are
created using biometrics technology. In fact, this national ID
program holds the largest biometric database in the world.
15. • Biopay can become a revolution in the future and will make life
simpler.
• Biopay will enable people to pay their bills by just using their finger.
• This will also reduce security issues like losing of card as none would
be carried by anyone.
• The Future is here with Biopay.
16. Interdisciplinary Area
• We have combined IT technology with Electronics & Electrical
Engineering by combining a biometric sensor with a machine which
works on Database through which it accesses the accounts of the
user.