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Auto Auction System

Project Objective

            The aim of this project is to build a system that can enable the auction of auto mobiles offline and online simultaneously. Auctions for auto mobiles are wide spread and are followed by many people around the world. This system will enable people to bid on auto mobile auctions happening in a far off place without the need of travelling to the place. This will help auctions garner more competition for each item auctioned.

            When an auction is conducted on an auction floor this system will enable users to access the auction using an online portal. Users will be first treated to a video package prepared to explain the history and important details of the auto mobile. They will be able to view photos and listen to the sound of the auto mobile. There will be a provision to offer a 360⁰ view of the interior and exterior of the auto mobile. The bidding process conducted on the auction floor can be viewed by online viewers via a live video stream and the system will automatically update the current bid amount as it is raised. Online viewers can place bids at any moment and their bids will be displayed on a screen at the venue. The auctioneer will record the online bid and present it on the auction floor.

            Authentication will be key for the online Auto Auction System and access credentials will be presented only to verified users. The user will be required to create a digital portfolio that will contain signature samples and counter signed authorization documents to enable post auction processes in absentia. Each user will have to provide biometric credentials as well before the creation of the access ID and verification of the same will be required in the event of winning an auction.

            The Auto Auction System will also allow for the facility of auto bidding. Users will be able to set criteria for auto bidding such as limit amount, bid increase amount, etc. Google Analytics will be used to track statistics of number of viewers and online bidders participating in the bid. Statistics like this can be collected by the system to judge which items evoked the most interest in bidders.

Existing System

            The existing Auto Auction System only allows for offline bids placed at the venue of an auction. Some auction houses have arrangements for video streaming of bids and bids can be placed over the phone. This Auto Auction System is prone to human error because there is no unified electronic record that can be accessed to resolve disputes.

Proposed System

            The proposed system will make the bidding process much easier for both online and offline users. Users will be able to bid at auctions despite geographical difficulties. Each bid will be recorded with a time stamp to avoid disputes and maintain an electronic record of the auction.

Auto Auction System Modules

Admin: The admin module will create secure credentials for each user and will be responsible for ensuring that online users have updated their account with all the required documents and biometric details. The admin will also be able to view Google Analytics data.

Auctioneer: The person conducting the auction will access this module and will be able to view the bids as they come in. This module will also be used to display new online bids on a screen placed at the venue. This module can also be used to enter bid amounts for the auction as it progresses. Multiple sign-ins are possible simultaneously for the different functionaries of the auction.

Viewer: Any user registered on the system will be first assigned viewer status. The viewer module can be used to view each auction as it happens and registered bidders can use the viewer module at any time to view the progress of any auction.

Bidder: Users who have been granted access to the viewer module will be able to access the bidder module once the complete all the formalities required. In the bidder module one will be able to view auctions and place bids through the online system.

Auto Auction System Snapshot

Software Requirements

  • Windows XP
  • PHP 5
  • MS SQL Server 2005 Express
  • CSS
  • Apache Server
  • Google API

Hardware Requirements

  • Hard Disk – 2 GB
  • RAM – 1 GB
  • Processor – Dual Core or Above
  • Mouse
  • Keyboard
  • Monitor
  • Printer

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 Auto Auction System Abstract Download Abstract
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