Abstract
Abstract: Auctions are processes where selling and buying of products takes place by offering them for a bid and the buyer with the highest bid price buys the product or the seller with lowest ask price sells the product. Due to the emergence of e-commerce , the world has become a universal marketplace which grants every individual the right to become a seller and buyer of products irrespective of geographical barriers. In this project, we aim to create a web application for online auction system where every product is offered for bidding and the interested buyers can bid on them and buy them at fair prices. We have used the ReactJS library for developing the frontend and Django for the backend development. Initially, we have created an e-commerce web application prototype with all the typical features in it like user and admin system, login / authentication system, catalogue of products, shopping cart, payment page,etc. We have introduced bidding functionality after development of the base e-commerce system. The purpose of this project is to create a simulated environment for research in this domain to test the different fraud detection algorithms for shill bidding , bid shielding, etc. Keywords: Auctions, Unified Modeling Language, React JS library, Django framework, web application
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