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MINI PROJECT(Introduction)
4 Economy
(
Rupee
The next generation economy
)
lectronics
Welcome screen
Mini Project undertaken by students of Electronics & Communication Engg Dept Sree Narayana Gurukulam College Of Engineering
* Krishna Priya.N.A
* Krishnadas.V.P
* Lakshmi Asokan
Project Guide : Ms.Seema Padmarajan
NAME
Roll No:
7
8
9
Group Members:
4 Economy
lectronics
(
Rupee
)
Aim: To prepare a plan to make Indian economy free from corruption ,blackmoney, counterfiet . Etc and make our economy clean and safe.
How to bring that aim to reality?
Supply of money comes under economy....
Money ( a medium of exchange) has become an essential thing to survive.......... ........also a cause for many problems that we face today.
So ,a change in this money format is the solution ,that we would like to bring forth you to make economy safe .
i.e,This mini project introduces the concept of e-LEGAL TENDER(e-Rupee)
LEGAL TENDER :coins or banknotes that must be accepted if offered in payment of a debt.
We all know that
THEME
Introducing e-Rupee (the next generation legal tender).Replacing the traditional paper note format of Indian Rupee with its electronic version. i.e, 10 ; 32V 429255 (Sl.No) The above function (amount,Sl.No) remains same ,except that its format will be changed from hard to soft and therefore all its transactions. A complete transition of (Indian) legal tender from paper banknotes to electronic banknotes or e-banknotes .
Project Theme
Introduction:
From
To
E-Rupee Gadget
Legal Tender 2E-Legal Tender(ElectronicVersion)
Every citizen of india will be provided with an ECO-MOBILE (e-Rupee gadget) for free.
Low cost, Gadget with LCDInterface & GSMCommunication Technology
Practical Implementation
Indian Citizen
Every Indian Citizen will go to nearby Reserve Bank Of India office/ equivalent office/centre setup (in future )for implementing this project.
Step 1:
Similar to AADHAAR implementation phase.
Similar to AADHAAR implementation phase.
Indian Citizen
Procedures@
Step 2:
Citizen will have to do the following:
* Submit his ID proof & other personal/biometric details along with necessary documents .
* Surrender all the coins and rupee notes with him (along with details of his money deposite in banks/other places).
Practical Implementation
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
Server Computer @ Reserve Bank Of India
* Individual (Citizen) will be provided with an account (as shown ) in the RBI server database . [ Only the RBI administrator will be able to view that account .]
* Individual will also be provided with an e-Rupee gadget.
Step 3:
Legal Tender 2E-Legal Tender(ElectronicVersion)
e-Rupee Gadget
Practical Implementation
Name:
Abcdef . G . H
Gdgt ID
69446744347
------
---------
Balance:
xxxxx.xx
ACCOUNT
Name:
Abcdef . G . H
Gdgt ID
69446744347
------
---------
Balance:
xxxxx.xx
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
Database
Conversion Procedure
Server Computer @ Reserve Bank Of India
ACCOUNT
After Implementation :
Server Computer @ Reserve Bank Of India
Modem
* e-Rupee gadget needs to be connected to RBI server for all money transactions.(as all money is stored in server)* RBI server can keep tracking and verifying the system providing security and support.
e-Rupee Gadget(with GSM modem)
Eco-Mobile
BSNL Mobile Tower
No more RUPEE NOTES Only e-Rupee
ACCOUNT
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
About (e-Rupee) GadgetAn embedded system with LCD interface, Keypad,Special buttons etc for user interaction
Hardware* PIC (8 bit Microcontroller)
* LCD (16x2 ) display
* Keypad(Similar to that of mobile phone)
* GSM Modem SIM900 for sms data communcation.
Money transactionbetween two individuals.
Server Computer @ Reserve Bank Of India
Citizen 1Citizen 2
Existing BSNL GSM Network
Dev1
Dev2
TRANSACTIONHardware / communication structure.
Server Computer @ Reserve Bank Of India
Citizen 1Citizen 2
ACCOUNT2
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
ACCOUNT1
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
Existing BSNL GSM Network
DATABASE(Structure)
Citizen 1
SMS Data:1
TRANSACTION Step : 1* Receiver Gdgt ID
* Amount (Rs. 200)To be paid
TRANSACTION Step : 2
Citizen 1
* Tx(Payer)'s Name
* Amount (Rs. 200)To be receivedSMS Data:2
OK
Server Computer @ Reserve Bank Of India
ACCOUNT2
Amount (Rs)
Serial No:
20
9DA 382507
100
6AB 765632
100
FD4 544309
100
RD3 128432
500
HGD 2A32D9
1000
4AP 8773186
ACCOUNT1
Amount (Rs)
Serial No:
10
8DG 382507
100
6AB 765632
100
FD4 544309
100
JMU 125432
500
1RD 2A32D9
1000
4AP 8773186
TRANSACTION Step : 3(100 + 100 )200rupees along with their serial numbers from account 1 gets transfered to account 2E-rupee transaction
TRANSACTION COMPLETED
PRACTICAL IMPLEMENTATION (Issues)
How to manage (communication channel) traffic ?
(As we have millions of people in india)
* By bringing several database servers.
* District level, State level,... Country level database management.
* Bringing the concept of cloud computing.
* Multiple / parallel communication technique with GSM/CDMA along with internet topology.
e-Rupee Economy Structure
RBI Head Quarters DataBase(Country Cloud)
RBIState Cloud (1)
RBIState Cloud (2)
RBIState Cloud (n)
District Cloud (1)
District Cloud (1)
District Cloud (k)
Communication N/W
Heavy Servers
Medium Servers
Light Weight Server(s)
Existing BSNL GSM Network
Cell
Cell2
Cell1
Server Computer(s) @ RBI controlledOffice(s)
Cell4
Cell5
Cell3
Cell6
District Level Implementation
BSNL
BSNL Mobile Tower
BSNL Mobile Tower
WiredConnectN
OR
ADVANTAGES
* No transaction of money possible without the knowledge of RBI/Govt..No blackmoney......
* No more DemandDraft ,Money transfer services ....... i.e Mobile transactions (always on the go ) .
* No counterfeit notes or coins is possible.
* Going green , without paper notes.(No damage to notes) . * Secure transaction , no more fear about robery,theft etc.
* No individual could survive without an identity or gadget in India. etc..............................
THANK YOU
4 Economy
(
Rupee
The next generation economy
)
lectronics
Welcome screen