International Journal of Scientific Research in Engineering and Management (IJSREM)

Volume: 07 Issue: 10 | October - 2023 SJIF Rating: 8.176 ISSN: 2582-3930

VAULT
1Siddhant Sandesh Karnawat CSE & Sanjay Ghodawat Institute
2Aryan Rajendra Shete CSE & Sanjay Ghodawat Institute
3Shreyash Vinayak Mali CSE & Sanjay Ghodawat Institute
4Mokshit Darshan Gondaliya CSE & Sanjay Ghodawat Institute
5Samata Telang CSE & Sanjay Ghodawat Institute

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Abstract - The Vault (WHERE TIMELESS Key Words: optics, photonics, light, lasers, templates, journals

ELEGANCE MEET’S THE THRILL OF

1.INTRODUCTION
AUCTION) Introduces an E-Marketplace For Best
In the era of digital innovation we proudly present
Online Experience. An Seamlessly New Service To
you the VAULT.It is going to redefine the online
Improve User Engagement And Value Increased As
retail.welcome to our E-auction website,dynamic
Compare To Traditional Auction Marketplaces. This
market place that marries a sophisticated technology
Approach Also Offers Many Features Like
with a wealth of custom services which are define to
Inventory Management, Accurate Antique Pricing,
make your buying and selling experience to a level
Expert Consultancy, Restoration, Client Advisory,
which was newer seen before.The heart of our
One To One Trade (Barter System) And Many More.
platform lies in a seamless auction module where
Inventory Management System Provides Retailer
user can engage in real time e-auctions.We look
And Vault Team A Flexible Platform To Efficiently
foreword to create a vibrate atmosphere similar to
Store The Antiques. The Accurate Antique Pricing
other e-auction houses but not moving away from
Service Provides User To Find Efficient Cost For
standards we have many key features like inventory
There Antique Product. Expert Consulting Helps
management, antique pricing, expert consultancy,
User To Seek Guide From Our Expert Team. The
client advisory and one to one trade etc.Sellers can
Restoration Service Helps User To Restore There
now confidently see the true value of there antique
Antiques As They Where Before ,When They Where
user can also gain personal insight and guidance
New.The Client Advisory System Basically Helps
from individuals with extensive experience in
User To Get Best Price For Their Antique And Last
industry.In the era of digital innovation our
But Not The Least The Best Service And The
groundbreaking Platform Looks foreword to change
Service Which Was Newer Introduced In E-Auction
and redefine the online retail
Market Places Is One To One Trade Which Is Also
Called As Barter System In Which User Can Trade
Antiques Without The Use Of Money.

© 2023, IJSREM | www.ijsrem.com | Page 1

 International Journal of Scientific Research in Engineering and Management (IJSREM)
Volume: 07 Issue: 10 | October - 2023 SJIF Rating: 8.176 ISSN: 2582-3930

2. Review of Literature 3. Proposed System/Problem Definition

Types of e-auction Online auction platforms can be Problem Statement The E-auction websites suffer
categorized into different types based on their some basic problems like there are no auctions for
operational models. We are going to use the long time ,no proper inventory management and
ascending-bid auctions services. many more but our website "VAULT" look foreword
User Interface and Experience A user-friendly to overcome each and every drawbacks of other E-
interface plays a crucial role in th success of e- auction websites.
auction platforms.Intuitive navigation, clear product Project Scope The scope of VAULT is to develop a
listings, and stramlined bidding procsss contribute to e-auction website which was never used before.it
a positive user experienc. looks forward to provide various high-level facilities
Payment and Transaction Security concerns, to user so it can enhance the user experience
including secure payment gateways and fraud
Satisfying the customer’s
prevention measures, are critical aspects of e-auction
platforms. Studies have highlighted th importance of Providing best products on e-auction’s Providing
robust encryption protocols and multi-factor end to end encryption Providing best UI
authentication to build trust among users.
Safe and faster delivery of auction item’s
Inventory Management and Tracking Effective
inventory management is crucial for both sellers and
buyers.Advanced inventory tracking systems allow
4. Objective of Proposed System
users and team to find a efficient way to store
antiques.
1. Facilitate Efficient Auctions: Streamline the
Expert Consulting Services VAULT offer expert
process of listing, bidding, and concluding auctions
consulting services to guide users in making
to ensure a seamless experience for all users.
informed decisions.The access to expert advice can
2. Maximize Transparency: Ensure transparency
significantly enhance the confidence of buyers and
in auction proceedings, including clear product
sellers, especially in markets or with high-value
descriptions, real-time bid updates, and accessible
items.
transaction histories.
3. Offer Secure Transactions: Implement robust
security measures to safeguard financial transactions
and user data, building trust and confidence in the
platform.
4. Provide Inventory Management Tools: Equip
sellers with tools to efficiently manage and organize
their listings, allowing them to track performance
and make informed decisions.
© 2023, IJSREM | www.ijsrem.com | Page 2
 International Journal of Scientific Research in Engineering and Management (IJSREM)
Volume: 07 Issue: 10 | October - 2023 SJIF Rating: 8.176 ISSN: 2582-3930

5. Build a Trusted Community: Foster a • Real-time Updates Module

community of trustworthy buyers and sellers through • Payment Integration Module
user verification processes, feedback systems, and • Inventory Management Module
responsive customer support. • Expert Consulting Service Module
6. Drive User Engagement: Implement features • Search and Filter Module
like live bidding updates, countdown timers, and • Feedback and Rating System Module
notifications to keep users engaged and active in
auctions.
7. REQUIREMENTS
7. Provide Customer Support: Offer accessible and
responsive customer support channels to address Software Requirement

user inquiries, troubleshoot issues, and provide

Frontend
guidance.
• HTML

• CSS

5. ER • JAVA-SCRIPT

• JAVA

Backend

• NODE-JS

• MY-SQL

• EXPRESS-JS

Hardware with specification

• android 6 and above

• minimum 4GB ram

6. Modules of Software System 8. Application of Proposed System

• User Authentication and Management Module
1. E-commerce platforms
• Administrator Dashboard
• Seller Dashboard 2. Agricultural markets
• Buyer Dashboard
3. Real estate
• Product/Service Listing Module
• Auction Management Module 4. Automotive industry

© 2023, IJSREM | www.ijsrem.com | Page 3

 International Journal of Scientific Research in Engineering and Management (IJSREM)
Volume: 07 Issue: 10 | October - 2023 SJIF Rating: 8.176 ISSN: 2582-3930

5. Government auctions satisfaction the VAULT is going to immerse as a

new era of E-auction platform’s.
6. Arts and Antiques

7. Industrial equipment auction

9. Advantages, Disadvantages Bibliography

Advantages https://salasarauction.com/

1. Global Reach https://www.bidderboy.com/

2. Reduced Costs https://www.astaguru.com/

3. Real-time Bidding
https://eauction.gov.in/
Disadvantages

1. Limited Physical Inspection

2. Security Concerns

3. Technical Issues

Conclusions and Future

Work In conclusion the E-auction website marks a

significant lap in the realm of buying and selling.
This platform will revolutionize auction method by
taking a big step. The advantage of E-auction
website such as global reach, reduced cost. increased
efficiency and real time bidding offer both buyers
and seller a best and great opportunity.Implementing
robust security measures, providing clear
information on items and creating a culture of trust
are pivotal in overcoming the hurdles.As E-auction
continue to evolve ,their boundless potential for
innovation and growth.By embracing technological
adventure, refining user experience and prioritizing
security the platform have the potential to redefine
the landscape of online E-commerce platforms.With
the commitment to transparency ,efficiency and user
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