Authors : Dr Shridhar Kabbur ; S. Priyanka ; Varshini L P ; Varun Kumar B.S.

Volume/Issue : Volume 10 - 2025, Issue 5 - May

Google Scholar : https://tinyurl.com/5ye8jn5y

DOI : https://doi.org/10.38124/ijisrt/25may762

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Abstract : The rapid growth of digital banking has revolutionized the financial sector, offering unprecedented convenience and accessibility. However, this digital transformation has also exposed traditional banking systems to increasing threats such as cyberattacks, data breaches, and transaction fraud. Centralized banking infrastructures are especially vulnerable due to their reliance on singular points of control. This project explores the implementation of blockchain technology as a decentralized, secure, and transparent framework for conducting banking transactions. By leveraging blockchain’s immutable ledger and smart contracts, the proposed system aims to reduce operational inefficiencies, cut intermediaries, and ensure transaction integrity. The project involves the development of a prototype using platforms like Ethereum and Hyperledger, integrated with MD5 encryption for added security. It addresses critical challenges such as scalability, regulatory compliance, and integration with legacy systems, aiming to contribute to a safer and more resilient digital banking environment. The outcomes are expected to prove the feasibility and advantages of blockchain-based systems in revolutionizing the future of secure financial transactions

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