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P2P Loan Management System Using Blockchain in 6G Network System

P.S. Gayke1 , Pawan Gajanan Badak2 , Dipak Namdev Pund3 , Rushikesh Dattatray Jawale4 , Mayur Bhausaheb Kotkar5 , Sarthak Shantilal Gaware6

  1. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.
  2. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.
  3. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.
  4. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.
  5. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.
  6. Information Technology, Dr.Vithalrao Vikhe Patil College of Engineering, Ahmednagar, India.

Section:Research Paper, Product Type: Journal Paper
Volume-12 , Issue-5 , Page no. 68-73, May-2024

CrossRef-DOI:   https://doi.org/10.26438/ijcse/v12i5.6873

Online published on May 31, 2024

Copyright © P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware . This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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IEEE Style Citation: P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware, “P2P Loan Management System Using Blockchain in 6G Network System,” International Journal of Computer Sciences and Engineering, Vol.12, Issue.5, pp.68-73, 2024.

MLA Style Citation: P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware "P2P Loan Management System Using Blockchain in 6G Network System." International Journal of Computer Sciences and Engineering 12.5 (2024): 68-73.

APA Style Citation: P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware, (2024). P2P Loan Management System Using Blockchain in 6G Network System. International Journal of Computer Sciences and Engineering, 12(5), 68-73.

BibTex Style Citation:
@article{Gayke_2024,
author = {P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware},
title = {P2P Loan Management System Using Blockchain in 6G Network System},
journal = {International Journal of Computer Sciences and Engineering},
issue_date = {5 2024},
volume = {12},
Issue = {5},
month = {5},
year = {2024},
issn = {2347-2693},
pages = {68-73},
url = {https://www.ijcseonline.org/full_paper_view.php?paper_id=5694},
doi = {https://doi.org/10.26438/ijcse/v12i5.6873}
publisher = {IJCSE, Indore, INDIA},
}

RIS Style Citation:
TY - JOUR
DO = {https://doi.org/10.26438/ijcse/v12i5.6873}
UR - https://www.ijcseonline.org/full_paper_view.php?paper_id=5694
TI - P2P Loan Management System Using Blockchain in 6G Network System
T2 - International Journal of Computer Sciences and Engineering
AU - P.S. Gayke, Pawan Gajanan Badak, Dipak Namdev Pund, Rushikesh Dattatray Jawale, Mayur Bhausaheb Kotkar, Sarthak Shantilal Gaware
PY - 2024
DA - 2024/05/31
PB - IJCSE, Indore, INDIA
SP - 68-73
IS - 5
VL - 12
SN - 2347-2693
ER -

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Abstract

Decentralized, secure platform that aids in managing loan operations is the loan management system that uses blockchain technology. Through the use of blockchain`s distributed ledger technology, security, immutability, and transparency are guaranteed. The loan lifecycle may be managed with this system in an open and effective manner, from the point of loan application to loan payback. Every stage of the loan application process is documented on the blockchain, resulting in an irreversible and permanent record of all transactions. The loan management system automates a number of loan-related tasks, including loan application, credit evaluation, approval, and disbursal, by using smart contracts. This guarantees more accuracy and transparency, gets rid of the need for middlemen, and shortens processing times.

Key-Words / Index Term

Loan origination, Transparency, Security, Blockchain

References

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