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OFFLINE MOBILE BASED OTP TECHNOLOGY FOR ENTERPRISE IOT ENABLED ARCHITECTURE IN BANKING CASH LOGISTICS & ATM OPERATIONS

Journal: International Journal of Advanced Research in Engineering and Technology (IJARET) (Vol.11, No. 01)

Publication Date:

Authors : ; ; ; ;

Page : 61-69

Keywords : ATM; OEM; IoT; OTP; Automated Teller Machine;

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Abstract

The Internet has been in presence for more than 40 years now and the expression "Internet of Things" (IoT) has been being used since huge scale appropriation of RFID started 10 years back. IoT empowers things to convey about themselves and their condition with different things and PCs and enable them to take an interest in business procedures and regular day to day existences of individuals. Many financial frameworks have fulfilled the 2FA necessities by sending a One Time Password (OTP), something had, through a SMS to the client's telephone gadget. Unfortunately, universal roaming and SMS expenses and delays put restrictions on this system reliability. It gives a stage to correspondence between objects where items can compose and oversee themselves. By analyzing current technology research and by investigating future application situations for the Internet of Things, this paper will feature out its potentially huge advantages in the cash logistics and ATM operations

Last modified: 2020-02-06 22:59:40