Blockchain-Based E-Wallet: A Secure and Transparent Money Management Solution

Abstract

To revolutionize digital money administration, this paper provides an architectural design for an e-wallet platform powered by blockchain technology. The suggested design makes use of the privacy and security capabilities of blockchain to give consumers a safe and user-focused payment method. The system's key parts are described, namely safe payment processing, distributed administration of identities, and smart contracts. The paper discusses the possible advantages of blockchain technology in the field of finance, with an emphasis on resolving security issues and improving consumer privacy. Although the design is still conceptual at this time, it presents an encouraging basis for the creation of a safe and open e-wallet technology that fits the changing decentralized financial environment.