Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{169468,
        author = {Saish Rajendra Shinde and Harshada Rane and Dipali Phad and Shruti Jadhav},
        title = {The future of bidding: Blockchain as a trustless  backbone for auctions},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {6},
        pages = {1068-1072},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=169468},
        abstract = {Blockchain technology offers a secure, transparent, and decentralized framework that addresses key challenges in traditional auction systems, such as bid manipulation, fraud, and lack of trust. This research paper explores the application of blockchain-based online auction systems, focusing on Ethereum blockchain and Solidity smart contracts to create tamper-proof, automated, and trustless bidding processes. The proposed system enhances transparency, security, cost-efficiency, and accessibility while eliminating the need for intermediaries. Additionally, the paper discusses challenges like scalability, regulatory compliance, and user adoption. This auction system is highly reliable and scalable, capable of serving large groups of bidders. It provides a user-friendly platform for buyers and sellers to participate in secure auctions with value-added services, ensuring verified items and safe transactions. The platform is divided into developer and user interfaces to facilitate maintenance and future updates, making it efficient, flexible, and unique compared to conventional systems.},
        keywords = {Blockchain, Online Auction, Smart Contracts, Transparency, Security, Bidding, User-friendly Platform, cloud storage.},
        month = {November},
        }