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Fortifying Digital Payments: Responding to UPI Frauds by Leveraging AI and Blockchain Technology

  • Unique Paper ID: 162200
  • Volume: 10
  • Issue: 8
  • PageNo: 282-286
  • Abstract:
  • This report focuses on India's broad digital payment market and illustrates a sharp rise in digital payment's fraud, as shown through a case study. The paper suggests using machine learning and blockchain smart contracts for anomaly detection as cutting-edge security techniques to counteract emerging risks. While blockchain smart contracts offer a decentralized and unchangeable base, anomaly detection examines user behavior to strengthen the digital payment system. In addition to addressing existing gaps in security, these suggested laws also support a dialogue that places a premium on accessibility and trust, establishing the framework for India's safe and ongoing use of electronic payment systems.
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  • ISSN: 2349-6002
  • Volume: 10
  • Issue: 8
  • PageNo: 282-286

Fortifying Digital Payments: Responding to UPI Frauds by Leveraging AI and Blockchain Technology

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UGC Approved
Journal no 47859

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