Inspiration
Make payments happening online more secure
What it does
Provides additional layer of security when validating OTP/Secret code for validation over any portal which does/process payment at merchant side. Due to increasing number of apps that read SMS, the standard OTP text/code are not secure. The SecureOTP feature will enable the bank and customers to provision additional feature for the validation.
How I built it
Still idea, needed to be built with a bank portal. Can be seamless integration as simple as an API.
Challenges I ran into
Security of SMS reading apps as leading to more frauds in banking industry
Accomplishments that I'm proud of
Thought process to solve this problem
What I learned
Bank's Online transactions can be secured in more efficient way than how it is currently present.
What's next for SecureOTP
To be scaled across multiple Bank and financial institutions and prevent fraud transactions. AS MODERN PROBLEMS LINE ONLINE THEFT, FRAUD, CHEAT REQUIRED MODERN SOLUTIONS.
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