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Synopsis Final

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0% found this document useful (0 votes)
27 views5 pages

Synopsis Final

Synopsis format

Uploaded by

gvmadankar1606
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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A PROJECT SYNOPSIS ON

CRYPTOTRAX

A Project synopsis submitted by,


Atharva Kalbhor
Krish Madhavi
Tanuj Patil

Under the Guidance of


Mrs. Jyoti Shinde

Maharashtra State Board of Technical Education, Mumbai


(Autonomous) (ISO-9001-2008) (ISO/IEC27001:2013)

Department Of Computer Engineering


Academic Year: 2021-22
PROJECT TITLE:
Cryptotrax application for crypto price tracking.

ABSTRACT:
This project is aimed at developing API-based management tool, which is to display crypto
currency prices.
The (API) application programming interface is a connection between computers or between
computer programs. It is a type of software interface, offering a service to other pieces of
software. A document or standard that describes how to build or use such a connection or
interface and its open-Source applications.
Following are the functionalities of the system -

a) The person should be able to see prices of crypto currency


b) The user to see all the type of crypto currency
c) The user can search any crypto currency
d) The user can get updates of crypto currency in every second
e) The interface should be easy and understandable to user.

MOTIVATION:
The main objective of this project is to reduce the loss of people make user friendly and
secure data of user. The Manage Information of crypto currency helps in saving time in
searching for crypto currency prices. It also keeps on continues updating prices so they don’t
need to refresh the application and waste time.
Crypto currency nowadays is in most demand and many people are investing in these
currencies to get high returns. Many websites and applications provide us information about
the rates of different crypto currencies available in the Crypto Market. In this article, we will
be building a similar application in which we will be displaying the rates of different crypto
currencies inside our application in Recycler View.
LITRATURE REVIEW:

Sr. No. Name of System Disadvantages

1 Coin market For getting instant update of crypto currency is not free

2 Grow Users waste most of time in seeing ads

3 Coin base User interface is not User-friendly

PROBLEM FORMULATION / OBJECTIVES:


Crypto currencies are digital assets that use cryptography, an encryption technique, for
security. Crypto currencies are primarily used to buy and sell goods and services, though
some newer crypto currencies also function to provide a set of rules or obligations for its
holders— something we will discuss later. They possess no intrinsic value in that they are not
redeemable for another commodity, such as gold. Unlike traditional currency, they are not
issued by a central authority and are not considered legal tender.
As per estimated global crypto ownership rates at an average of 3.9%, with over 600 million
crypto users worldwide and day by day its ownership is getting increasing. And over 18,000
businesses are already accepting crypto currency payments. So, we are developing
applications which are ads free, user friendly and secure and its totally free of cost so it’s will
helpful for growth in crypto currency in worldwide.

METHODOLOGY /PLANNING OF WORK:


a. We searched for different project topics.
b. We selected the project topic.
c. We created the action plan for the project.
d. We collected the information about the project.
e. We collected the information about the requirements for the project.
f. We started writing synopsis and now we are here.
SYSTEM REQUIREMENTS:
Our project is API and web-based application so we don’t need any hardware component or
hardware requirements for the development of the project except computer or laptop.
Software required:
• Brackets IDE.
• Android studio
• Web Browser- Google chrome.
Programming languages:
• API.
• HTML.
• JavaScript.
• XML.
Report making and presentation:
• MS Word.
• MS PowerPoint.
• Lucidchart.com.

BIBLIOGRAPHY/REFERENCES:
• An Analysis of Cryptocurrency, Bitcoin, and the Future by Peter D. DeVries
[Research Paper]
• The Age of Cryptocurrency: How Bitcoin and Digital Money are Challenging the
Global Economic Order by Paul Vigna, Michael J. Casey [Book]
• A study of Crypto currency system [Research Paper]
https://ieeexplore.ieee.org/document/8525166
• A brief survey of Cryptocurrency systems [Research Paper]
https://ieeexplore.ieee.org/document/7906988

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