A comparative study on the emergence of online auction of seized vehicles in the public sector

The main objective of this proposed idea is to discuss the changes that can be brought in the existing traditional auction system taking place in the public sector and how it can be managed and improved better. The existing form of the auction taking place in the current market regarding the sale or bidding of seized vehicles by government officials is outdated. The vehicles which are seized as a result of smuggling or engaged in some other illegal activities are sold by conducting an auction at a particular place and time. Thus, the participation is low and only a few people get to know about the auction. This paper has proposed a web application called “Bid Chaser“ written in PHP language where users can participate in the bid under the direct observation of the government and thereby eliminate the middlemen. The emergence of this new web application can bring a great change in the current market.