DECENTRALIZATION MODEL FOR LOCAL COOPERATIVE SOCIETY OPERATIONS USING COMPUTER TECHNOLOGY

Abstract

This paper examines the operations of local cooperative society scheme in our society and suggested how perfectness can be introduced through computer technology. The operations of local contribution are solely depending on a single person who is the coordinator. This makes the operations centralized and hence, the procedure for the operation stressful. Sometimes the coordinator may display an opportunistic behavior by diverting contributed money for personal use. This decentralization model eliminates the major role of the coordinator by given equal power to all the participants in decision making. In this model, all the money contributed by the participant is displayed on the dashboard, and the participant who is eligible to withdraw the money can cash out to his/her account. Eligibility is determined by an index given to each participant during the registration. This whole process makes the model transparent. Php programming language and mysql was used to design the system whereby all the participants can register on it before the commencement of contribution. The model can be used by an individual likewise a group of people.