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Author(s):

Arthi M | Senthamaraiselvi
Keywords:

Double Auction, Blockchain Technology, Agricultural Trading, Cryptography, Transparent System, Online Marketplace
Abstract:
Agricultural Trading Systems Often Lack Transparency And Are Heavily Dependent On Intermediaries, Leading To Unfair Pricing And Inefficiencies. Farmers Frequently Struggle To Obtain A Fair Price For Their Produce, While Buyers Face Inconsistent Pricing And Delays. This Project Introduces A Secure And Transparent Double Auction Platform Designed Specifically For Fresh Agricultural Commodities. The System Allows Farmers And Buyers To Interact Directly Through An Online Marketplace. A Double Auction Mechanism Is Used To Determine Fair Prices Based On Real-time Supply And Demand. To Ensure Security And Trust, Blockchain Technology And Cryptographic Methods Are Incorporated. These Technologies Help Maintain Tamper-proof Records And Protect Transaction Data. Overall, The System Minimizes The Role Of Intermediaries, Enhances Pricing Transparency, And Improves The Efficiency Of Agricultural Trading.