A mobile based auctioning platform for auctioneering firms

Abstract

The auctioning industry in the country is in a predicament. There is an increased demand for their services due to the increased number of loan defaults on assets. This was caused by a reduction in business activities due to the measures taken by the government to help slow down the transmission rate of the corona virus. The measures being limiting of public interaction has had an impact on auctioneers' activities as most auctions are held in public places. Despite demand being present foe their services, the auctioneers cannot fully serve this demand with the current auctioning systems leading to lost business for them and lost asset value for those wishing to put their assets on auction.

Auctioneers can regain their previous demand and maybe surpass it by adopting an auctioneering system that is mobile based. Such a platform will also provide better services to the bidders as they can now access markets anywhere in Kenya. The android operating system is be the best mobile platform as it has a large market share of users in the Kenyan market. Firebase database will be used because of its easy integration with android apps. Agile development methodology will be used with deliverables to determine the progress of the project. Once completed, the system hopes to improves the business activities of auctioneers and provide bidders access to market they previously didn’t