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Introduction

The rapid advancement in technology has revolutionized the way we conduct financial transactions. With the rise of digital payments, there is a growing need for secure and efficient payment systems to ensure the safety and privacy of financial data. Blockchain technology has emerged as a promising solution to address the security challenges in digital payments. Blockchain is a decentralized and transparent ledger that securely records transactions across a network of computers. This thesis aims to develop a secure digital payment system using blockchain technology.

1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Evolution of Digital Payments
2.2 Blockchain Technology
2.3 Security in Digital Payments
2.4 Challenges in Digital Payment Systems
2.5 Blockchain Applications in Finance
2.6 Existing Payment Systems Using Blockchain
2.7 Comparison of Payment Systems
2.8 Regulatory Framework for Digital Payments
2.9 Security Measures in Digital Payments
2.10 Future Trends in Digital Payments

Chapter 3: System Design and Methodology
3.1 System Architecture
3.2 Blockchain Consensus Mechanisms
3.3 Smart Contracts
3.4 Data Encryption Techniques
3.5 User Authentication
3.6 Transaction Validation
3.7 Risk Management
3.8 Performance Evaluation

Chapter 4: System Implementation
4.1 Development Environment
4.2 Blockchain Platforms
4.3 Database Integration
4.4 User Interface Design
4.5 Testing and Debugging
4.6 Scalability and Performance Testing
4.7 Security Assessment
4.8 User Acceptance Testing

Chapter 5: Conclusion and Summary
5.1 Key Findings
5.2 Contributions to Knowledge
5.3 Implications for Practice
5.4 Recommendations for Future Research
5.5 Conclusion

Thesis Overview on Development of a Secure Digital Payment System Using Blockchain

The rise of digital payments has necessitated the development of secure payment systems to protect financial data from cyber threats. Blockchain technology offers a decentralized and transparent approach to ensuring the security and privacy of transactions. This thesis aims to develop a secure digital payment system using blockchain technology.

The literature review will explore the evolution of digital payments, blockchain technology, security measures in digital payments, and the regulatory framework for digital payments. The system design and methodology chapter will focus on the system architecture, blockchain consensus mechanisms, smart contracts, data encryption techniques, user authentication, transaction validation, risk management, and performance evaluation.

The system implementation chapter will detail the development environment, blockchain platforms, database integration, user interface design, testing and debugging, scalability and performance testing, security assessment, and user acceptance testing. The conclusion and summary chapter will highlight the key findings, contributions to knowledge, implications for practice, recommendations for future research, and the overall conclusion of the thesis.

Overall, this thesis seeks to contribute to the field of secure digital payments by developing a robust payment system using blockchain technology.

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