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Tuesday, 27 March 2018

Secure Online Auction System

Secure Online Auction System

Online auction however is a different business model where the items are sold through price bidding. Usually bidding have start price and ending time. Potential buyers in auction and the winner is the one who bids the item for highest price. We treat the fraud detection with a binary classification. For buying product online user have to provide his personal details like email address, license number, PAN number etc. Only the valid user will have authority to bid. This prevents various frauds according in online shopping.

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