CHAPTER THREE
RESEARCH METHODOLOGY AND ANALYSIS OF THE SYSTEM
3.1 RESEARCH METHODOLOGY
This project was implemented using a combination of Hypertext Markup Language (HTML),
Laravel which is PHP framework, MySQL, and phpMyAdmin. HTML was used to design the
user interface, providing a structural framework for web pages and ensuring compatibility with
all browsers. Laravel was employed as the server-side scripting language due to its ease of
integration with HTML, efficient database interaction, wide adoption and community support,
and robust security features. MySQL was chosen as the relational database management system
(RDBMS) for its reliability, speed, and ease of use, allowing for efficient handling of large
datasets and providing robust data integrity and security. phpMyAdmin was utilized as the
database management system (DBMS) interface for MySQL, offering a user-friendly web
interface for managing databases and simplifying tasks such as creating, modifying, and querying
databases. The implementation steps included the design phase, where the interface was created
using HTML; the development phase, which involved server-side scripting with PHP; database
setup with MySQL and management using phpMyAdmin; comprehensive testing and debugging
to ensure all components worked seamlessly together; and finally, deployment of the application
to a web server. This combination of technologies provides a robust framework for developing
web applications, contributing to an efficient, secure, and user-friendly project implementation.
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3.2 ANALYSIS OF THE EXISTING SYSTEM
The existing system, typically characterized by centralized databases and manual processes,
faces significant challenges in the modern digital landscape. Centralization creates single points
of failure, making the system vulnerable to hacking, data breaches, and unauthorized access. The
inefficiency of these systems is evident in slow transaction speeds, high operational costs, and
the need for intermediaries to validate and process transactions, leading to delays and increased
risk of errors. Data integrity and transparency are often compromised, as information can be
easily altered or manipulated without proper oversight. These limitations highlight the need for a
more secure, efficient, and trustworthy solution, which blockchain technology promises to
address by decentralizing control, enhancing security, and improving overall system efficiency.
3.3 PROBLEM OF THE EXISTING SYSTEM
1. Centralization Risks: Centralized systems have single points of failure, making them
vulnerable to hacking, data breaches, and system outages. If the central authority is
compromised, the entire system can be disrupted.
2. Lack of Transparency: Information in centralized systems can be manipulated or
altered without proper oversight, leading to a lack of transparency. Users often have
to trust that the central authority is maintaining accurate and unaltered records.
3. Security Vulnerabilities: Centralized databases are prime targets for cyberattacks.
Once breached, a vast amount of sensitive data can be accessed or stolen, leading to
severe consequences such as identity theft, financial loss, and damage to reputations.
4. Inefficiency: Traditional systems often involve multiple intermediaries to process and
verify transactions, resulting in slow transaction speeds and higher operational costs.
The involvement of third parties also increases the risk of errors and delays.
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5. Data Integrity Issues: Maintaining data integrity is challenging in centralized
systems because they rely on trust in a single entity to ensure that the data is accurate
and consistent. There is a risk that data could be intentionally or unintentionally
altered.
6. Scalability Challenges: As the number of users and transactions grows, centralized
systems often struggle to scale efficiently, leading to performance bottlenecks and
reduced system responsiveness.
7. Limited Access and Control: Users have limited control over their data, as it is
managed by a central authority. This lack of control can lead to privacy concerns and
restrict users' ability to manage their own information.
3.4 PROPOSING A NEW SYSTEM
The proposed system is a robust Laravel-based platform designed to manage and facilitate digital
currency transactions securely and efficiently. It features a comprehensive landing page that
educates users about the fundamentals of blockchain technology, explaining its benefits such as
decentralization, transparency, and enhanced security. The system includes a powerful admin
module where administrators can add and manage various digital currencies and coins, ensuring
the platform supports a wide range of assets. Sellers are equipped with a user-friendly module
that allows them to list their digital assets for sale, providing details like pricing and availability,
while ensuring that listings are accurate and up-to-date. Additionally, the buyer details module
offers sellers transparent access to potential buyer information, enabling them to make informed
decisions and reducing the risk of fraudulent transactions. This integrated system leverages
blockchain's principles to create a secure, transparent, and trustworthy environment, fostering
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seamless interactions between sellers and buyers while maintaining the integrity of digital
transactions.
3.5 ADVANTAGES OF THE PROPOSED SYSTEM
1. Enhanced Security: The system leverages blockchain principles to ensure that
transactions and data are securely encrypted and protected against unauthorized access
or tampering.
2. Transparency: All transactions and user interactions are transparent, allowing
participants to verify the authenticity and integrity of transactions, which reduces the risk
of fraud.
3. Decentralization: By utilizing blockchain technology, the system reduces the reliance
on a central authority, thereby eliminating single points of failure and increasing system
resilience.
4. Efficient Transaction Processing: The system is designed to handle transactions swiftly
and efficiently, minimizing delays and ensuring a seamless user experience.
5. User-Friendly Interface: The platform is easy to navigate, with dedicated modules for
administrators, sellers, and buyers, making it accessible to users with varying levels of
technical expertise.
6. Comprehensive Asset Management: The admin module allows for the addition and
management of multiple digital currencies and coins, providing a versatile platform that
supports a wide range of digital assets.
7. Trust and Reliability: By offering detailed buyer information and secure transaction
processes, the system builds trust between sellers and buyers, fostering a reliable
marketplace environment.
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CHAPTER FOUR
DESIGN AND IMPLEMENTATION OF THE SYSTEM
4.1 DESIGN OF THE SYSTEM
4.1.1 OUTPUT DESIGN
The output design is the results obtained from the computer during the input stage. The output
design of this project is define as thus-
Figure 4.1 LandingPage
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4.1.2 INPUT DESIGN
Figure 4.2 Signup Page
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Figure 4.3 Login Page
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Figure 4.4 Dashboard Page
Figure 4.5 Currency Page
Figure 4.6 Buyers Page
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Figure 4.7 Sell Coin
Figure 4.7 Change Password
Change password: This is where you change the user password
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4.2 IMPLEMENTATION OF THE SYSTEM
This aspect of the project shows the details how the package can be fully implemented. It can be referred
to as the users’ manual.
4.2.1 CHOICE OF PROGRAMMING LANGUAGE
In determining a suitable programming language for the design of a secured SMS Application using
cryptographic method, the factors to be considered are:-
a. The difficulty of the problem
b. The technical skills required of the computer program
c. The type of processing required
d. The availability of sub-programming facilities
e. The efficiency of the language translator
f. Ease of maintaining and updating the program
g. Hardware and software requirement
For the project work, the programming language to be used for the design of the system is PHP and
MYSQL for database management system with embedded Structured Query Language (SQL) for
database manipulation.
4.2.2 HARDWARE SUPPORT
The hardware requirements for this program are:
1. PC
2. Memory: this system requires a Higher RAM not less than 1GB RAM is recommended.
3. Storage: the storage capacity should be at a minimum of 256GB.
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4.2.3 SOFTWARE SUPPORT
The software requirements for the operation of this program are as follows:
1. Windows Operating System
2. XAMPP or WampServer (for Apache server on localhost)
3. Web Browser e.g Google Chrome
4. Text editor (visual studio code)
4.3 DOCUMENTATION OF THE SYSTEM
Here, details of all forms used in the program are well described. There are two main categories of forms
used in this program, examples are INPUT AND OUTPUT FORM.
The input forms are used to supply data, records and all needed information into the system.
The output forms are used to display or give processed results from the input value entered into the
system. Relevant input and output and information are respectively kept in a database for easy
accessibility and enhance security measures to the stored data and information.
4.3.1 OPERATING THE SYSTEM
This refers to the step-by-step method of using the proposed system. Below are the steps to
follows:
a) In your visual studio code, click on terminal
b) Run the command: php artisan serve
c) Copy the url and paste it in your web browser
d) You are prompted to supply the username and password this verifies that you are a registered
user.
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e) If the username and password supplied are correct as that of any account, you will be
redirected to the timetable system page where you can schedule timetable for students
examination and perform other functions.
4.3.2 MAINTENANCE OF THE SYSTEM
i. Data cable should be plugged properly ii. Repair or replacement of all damaged accessories,
system cards, peripheral e.t.c. iii. Examining the new system from time to time to ensure it is
performing as specified Operators and users to the system must constantly check the output of the
system to make sure that it is working accordingly
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