// ACADEMIC CONTENT PORTAL · Computer Science

Thesis Topic Ideas: Blockchain-Based Remittance System for Nepal

Level: MasterDifficulty: Advanced

Applicable Universities:Kathmandu University (KU)Tribhuvan University (TU)Pokhara University (PU)University of CambridgeUniversity of Oxford

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1. Introduction & Problem Statement

Overview: Nepal receives significant remittance inflows relative to GDP. Propose and prototype a blockchain-based system to reduce transaction fees and settlement times for Nepali migrant workers.

Background Context (Nepal): Formal remittance channels often incur high service fees and multi-day clearing cycles. Permissioned ledger smart contracts offer near-instant settlement and transparent audit trails. Verify latest NRB remittance figures prior to writing.

2. Research Objectives

›Analyze cost structures and latency of existing cross-border remittance mechanisms in Nepal
›Design smart contract architecture on Ethereum/Polygon for cross-border settlement
›Develop stablecoin-pegged liquidity pool mechanism adhering to NRB regulatory bounds
›Prototype migrant worker mobile interface and exchange agent portal
›Conduct gas-cost optimization and security vulnerability analysis

3. Proposed Methodology

Documentary analysis of Nepal Rastra Bank remittance reports and World Bank migration datasets
Smart contract coding in Solidity with Hardhat development environment
Automated contract testing for reentrancy and arithmetic edge cases using Slither
System latency benchmarking against traditional banking API simulation
Legal and compliance evaluation against Nepal's Foreign Exchange Regulation Act

$ Worked Example / Sample Scenario

Sample Scenario: A Nepali worker in Qatar transfers stablecoins via a mobile app. The smart contract automatically verifies the receiver's KYC in Nepal and settles NPR to their local bank account within 30 seconds at a fraction of traditional agent fees.

4. Thesis Chapter-by-Chapter Outline

Chapter 1: IntroductionTU/KU/NEB standard

Background, problem statement, research questions, objectives, scope, limitations, and significance of the study

Chapter 2: Literature ReviewTU/KU/NEB standard

Theoretical framework, conceptual models, previous empirical studies in Nepal and developing nations, smart contract auditing standards and EVM architecture, and gap analysis

Chapter 3: Research MethodologyTU/KU/NEB standard

Research design, population/sampling framework, data collection instruments, analytical tools, and ethical considerations

Chapter 4: Data Analysis & ResultsTU/KU/NEB standard

Empirical findings, statistical testing, model estimations, gas-fee benchmarks and latency comparison, and detailed discussion

Chapter 5: Conclusion & RecommendationsTU/KU/NEB standard

Summary of key findings, theoretical contributions, policy recommendations, and future research directions

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:

SolidityHardhatReact NativeEthers.js / Web3.jsPolygon / EthereumSlither

6. Core References & Academic Sources

[1]Nepal Rastra Bank — Foreign Exchange Management Department Directives & Reports
[2]World Bank — Migration and Remittances Data & Country Briefs
[3]IEEE Transactions on Engineering Management / Google Scholar — Blockchain fintech papers

7. Frequently Asked Questions (FAQs)

Q: Is cryptocurrency legal in Nepal for this thesis?

While trading crypto is restricted in Nepal, designing permissioned blockchain architectures for educational and institutional remittance study is valid research under NRB fintech sandbox frameworks.

Q: Which network is best for prototyping: Ethereum mainnet or Polygon?

Testnets like Polygon Amoy or Sepolia are ideal because they simulate real EVM execution without real monetary costs.

Q: How do you fetch real-time NPR conversion rates into smart contracts?

You use Chainlink Oracles or deploy a custom signed price feed oracle from verified central bank/commercial bank feeds.

Q: What is the main challenge in blockchain remittance?

Off-ramping (converting digital tokens into fiat cash) while adhering to anti-money laundering (AML) and know-your-customer (KYC) regulations.