Implementing ASP.NET's Maker-Checker System for Safer Banking Transactions
- Peter Johnson

- Dec 5, 2023
- 6 min read

The banking sector relies on the Maker-Checker concept as a fundamental tool to ensure the reliability, validity, and protection of financial operations. A transaction is first proposed by one person (the Maker) then confirmed and accepted by another (the Checker) prior to its completion.
This two-step verification process serves as an important control measure to reduce blunders, fraud, and unauthorized transactions in banking processes.
ASP.NET, Microsoft's robust web development platform, facilitates the development of interactive web applications and services. Using either C# or VB.NET, developers can easily create reliable, feature-rich, and scalable web solutions that are also secure. It has various noteworthy features, such as:
ASP.NET's powerful capabilities and versatility make it the perfect platform for building secure and scalable banking applications when incorporating Maker-Checker workflows.
— Maker: Initiates transactions, enters necessary data, and sends them for approval.
— Examiner: Reviews, verifies, and either accepts or denies the transaction initiated by the Creator.
The actions of the Maker come before those of the Checker, forming a two-step process that guarantees precision and security in financial transactions.
Transfer of funds:
The movement of money from one account to another is referred to as a fund transfer.
Rewrite:
This loan application has been accepted. Authorization has been granted for the funds to be released.
Rewrite:
Example 3: Termination of Account
In each case, the Maker is responsible for starting the essential monetary action, with the Checker providing supplementary authentication to guarantee correctness, conformity, and protection prior to completing the deal.
The ASP.NET MVC architecture is a framework for creating web applications. It is based on a Model-View-Controller pattern, which divides the responsibilities of the application into three distinct components: the model, the view, and the controller. The model represents the data, the view is responsible for the user interface, and the controller directs user input. This structure allows developers to easily modify and extend the application, ensuring a robust and maintainable codebase.
In an ASP.NET application, Models, Views, and Controllers should be defined.
Make use of ASP.NET's integrated Identity and Role-based Authorization.
Forming roles is essential for any task at hand. It is important to designate which individual will be responsible for Which tasks and activities to ensure a successful outcome.
Designating roles is critical for completing any task. It is crucial to specify which person will be responsible for which tasks and activities to guarantee success.
Allocating tasks to users
Giving users specific duties is essential in order to efficiently manage a project. Assigning roles to users allows for the delegation of responsibilities, guaranteeing that all facets of a project are taken care of. provide an ideal solution for developers looking to create web applications.
The ideal solution for web application development is ASP.NET Framework and C# Programming Language. Administrator
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Putting in a transaction is a simple process.
Incorporating a transaction is an easy task.
A transaction must be allowed
The transaction must be approved
Construct a View for the purpose of entering Transactions.
This is the controller action for processing form submissions; it is defined in TransactionController.cs.
<form asp-action="Create">
<div class="form-group">
<label asp-for="Movie.Title"></label>
<input asp-for="Movie.Title" class="form-control" />
<span asp-validation-for="Movie.Title" class="text-danger"></span>
</div>
Rewritten:
<form method="post" action="Create">
<div class="form-group">
<label for="Movie.Title"></label>
<input type="text" id="Movie.Title" class="form-control" />
<span class="text-danger" data-valmsg-for="Movie.Title"></span>
</div>
This controller is responsible for dealing with transactions.
This controller is tasked with handling transactions.
Analyze the Checker Dashboard to view pending transactions. The Checker Dashboard offers insight into all transactions that have yet to be processed.
By examining the Checker Dashboard, one is able to view pending transactions. The Dashboard provides a comprehensive overview of all transactions that have not yet been processed.
The Approval Controller is responsible for managing approvals. It is tasked with verifying all requests for approval, ensuring the requests meet required criteria.
The Approval Controller (ApprovalController.cs) is responsible for managing and verifying all requests for approval, ensuring they meet required criteria.
Take a look at the Checker Dashboard and view any pending transactions. The Checker Dashboard (ViewPendingTransactions.cshtml) enables you to review any pending transactions.
This class is responsible for managing approval workflows.
The ApprovalController class oversees the handling of approval workflows.
The logic in the Transaction.cs file is responsible for operating the transaction model. It is responsible for executing all necessary tasks for the complete transaction procedure.
The Transaction.cs file contains the logic needed to manage the transaction model. It handles all of the operations involved in the transaction process.
The TransactionController class is responsible for managing transactions. It is responsible for initiating, monitoring, and completing transactions. It also handles errors associated with transactions.
The TransactionController.cs class is responsible for handling transactions. It starts, monitors and finishes them, as well as dealing with any issues that may arise.
The Transaction.cs code is a representation of a transaction model. It provides a general framework for creating data related to a specific transaction. This code is used to build applications which require tracking of items purchased, payments made, and other details of a transaction.
The TransactionController.cs class is responsible for managing transactions. It oversees the flow of data between multiple systems, ensuring consistency and accuracy.
Assigning of roles to users should be done with the AccountController.cs file, or within the user registration process.
Utilize Role-Based Authorization for Controller Actions in TransactionController.cs
Assigning Responsibilities in Identity Configuration:
Defining who in an organization is responsible for configuring and managing identity settings is a key component in ensuring that identity configurations are secure and effective. Determining the roles and responsibilities of those responsible for identity configuration can help to ensure that all necessary steps are taken to safeguard user data and access.
Allocating responsibilities to users
Assigning roles to users involves allocating responsibilities among them. This allows tasks to be distributed efficiently and helps create a more organized and productive workflow. By assigning roles, users can focus on specific tasks, which helps streamline the process and reduces the workload.
Implementing Role-Based Authorization involves specifying which roles are allowed to perform certain actions. This can be done by setting up access control lists (ACLs) which list which roles are allowed to perform certain tasks. Additionally, the access levels granted to each role can also be specified. This enables role-based authorization to be implemented, allowing only certain roles to access certain resources or perform certain actions.
To sum up, the Maker-Checker workflow is a fundamental part of banking operations, granting accuracy, security, and responsibility when it comes to financial dealings. The integration of this system within ASP.NET provides a reliable platform for managing and protecting delicate financial data, allowing for a systematic validation process.
By implementing ASP.NET MVC with ASP.NET Identity for role-based authentication, developers can make a smooth, role-focused system. The integration of the Maker-Checker concept into ASP.NET applications can simplify transaction authorization, increasing general operational proficiency and decreasing the probability of mistakes or illicit activities.
The ASP.NET-based Maker-Checker system offers a robust base for future refinements and progressions in banking operations.
Incorporation of state-of-the-art security protocols.
Enhanced audit trails and reporting are available.
Integrating Artificial Intelligence (AI) and Machine Learning (ML) into a system or process.
4. Scalability and Cross-Platform Compatability: These features enable applications to be deployed flexibly across a variety of operating systems and devices.
5. Regulatory Compliance and Adaptability: Ensuring that established rules and regulations are followed while allowing sufficient flexibility to adjust to changing conditions.
These enhancements, if incorporated into maker-checker systems of ASP.NET-based banking applications, will provide more secure, efficient, adaptive and compliant banking operations.
The Maker-Checker system, when integrated into ASP.NET applications, is a pivotal factor in sustaining the trustworthiness, safety, and dependability of financial operations. Utilizing cutting-edge technology and regularly adapting to the needs of the banking environment, this system is essential in preserving the faith and respectability of banking sector establishments while constructing a powerful base for contemporary banking procedures. I present to you my Fiverr! It's a platform on which I'm offering a range of services.
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