// THESIS GUIDANCE PORTAL · Computer Science
Blockchain-Based Remittance System for Nepal
1. Introduction & Problem Statement
Overview: Nepal receives the 3rd highest remittance-to-GDP ratio globally. Propose and prototype a blockchain-based system to reduce remittance fees and increase transfer speed for Nepali migrant workers.
Background Context (Nepal): Nepal's remittance constitutes ~25% of GDP. Traditional channels charge 5-8% fees and take 2-3 days. Blockchain can reduce fees to <1% with near-instant settlement.
2. Research Objectives
- ›Analyze current remittance channels and fee structures
- ›Design blockchain remittance architecture using Ethereum/Solana
- ›Develop smart contracts for cross-border transfers
- ›Prototype mobile app for migrant worker use
- ›Conduct regulatory compliance analysis with Nepal Rastra Bank guidelines
3. Proposed Methodology
- Comparative analysis of existing remittance services
- Blockchain platform selection — Ethereum vs Solana vs Hyperledger
- Smart contract development and audit
- Prototype development and testing
- Cost-benefit analysis vs traditional systems
4. Thesis Chapter-by-Chapter Outline
Chapter 1: IntroductionTU/KU standard
Nepal remittance landscape, problem statement, research questions
Chapter 2: Literature ReviewTU/KU standard
Blockchain for finance, existing fintech solutions, regulatory landscape
Chapter 3: System DesignTU/KU standard
Architecture, smart contract design, wallet integration, KYC/AML
Chapter 4: ImplementationTU/KU standard
Smart contracts, mobile app, exchange rate oracle, testing
Chapter 5: EvaluationTU/KU standard
Performance metrics, cost analysis, security assessment, regulatory analysis
Chapter 6: ConclusionTU/KU standard
Contributions, limitations, policy recommendations
5. Recommended Tools & Technologies
To implement the practical, technical, or analytical portions of this thesis topic, the following software tools, libraries, or APIs are recommended:
6. Core References & Citations
- [1]Nepal Rastra Bank — Remittance Survey 2023
- [2]World Bank — Migration and Remittances Report
- [3]Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System.