Blockchain-Based Crowd funding Platform
Article Sidebar
Main Article Content
Abstract
The value and sensitivity of people's data can be greatly altered by blockchain technology. Each transaction is logged and has a time and date stamp. Smart contracts even have the ability to automate transactions, which will increase efficiency and hasten the process even more. The transaction or process advances to the following stage when pre-specified requirements are satisfied. With smart contracts, there is no longer any need for human intervention or reliance on outside parties to confirm that the terms of the contract have been met. The intention to provide a trustworthy, secured, transparent, and decentralised solution is achieved by developing a blockchain-based crowd funding web application . Transparency and security are issues that are of utmost importance in any organisation, particularly in organizations that provide crowdfunding platforms. This crowdfunding application is not like other applications that only let users invest their money; in addition, this platform guarantees returns to backers.There will be three separate user kinds in this multi-user application: administrators, backers, and startup users or NGOs that can raise fund for a social cause. Startups get access to real-time information about the funding raised. Backers get access to both the general data about other projects mentioned on the application as well as the status of the projects they are sponsoring
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
IJCERT Policy:
The published work presented in this paper is licensed under the Creative Commons Attribution 4.0 International (CC BY 4.0) license. This means that the content of this paper can be shared, copied, and redistributed in any medium or format, as long as the original author is properly attributed. Additionally, any derivative works based on this paper must also be licensed under the same terms. This licensing agreement allows for broad dissemination and use of the work while maintaining the author's rights and recognition.
By submitting this paper to IJCERT, the author(s) agree to these licensing terms and confirm that the work is original and does not infringe on any third-party copyright or intellectual property rights.
References
S. Pandey, S. Goel, S. Bansla and D. Pandey, "Crowdfunding Fraud Prevention using Blockchain," 2019 6th International Conference on Computing for Sustainable Global Development (INDIACom), 2019, pp. 1028-1034.
Manoharan, Samuel. “Early diagnosis of Lung Cancer with Probability of Malignancy Calculation and Automatic Segmentation of Lung CT scan Images.” Journal of Innovative Image Processing (JIIP) 2, no. 04 (2020): 175-186.
Gerber, Elizabeth & Hui, Julie & Kuo, Pei-Yi (Patricia). (2012). Crowdfunding: Why People are Motivated to Post and Fund Projects on Crowdfunding Platforms. Computer Supported Cooperative Work 2012, Workshop on Design Influence and Social Technologies: Techniques, Impacts and Ethics, Seattle, WA.. 10.
F. Hartmann, G. Grottolo, X. Wang and M. I. Lunesu, "Alternative Fundraising: Success Factors for Blockchain-Based vs. Conventional Crowdfunding," 2019 IEEE International Workshop on Blockchain Oriented Software Engineering (IWBOSE), 2019,pp. 38-43, doi: 10.1109/IWBOSE.2019.8666515.
Belleflamme, Paul & Lambert, Thomas & Schwienbacher, Armin. (2012). Crowdfunding: Tapping the Right Crowd. SSRN Electronic Journal. 10.2139/ssrn.1836873.
Nakamoto, Satoshi. (2009). Bitcoin: A Peer-to-Peer Electronic Cash System. Cryptography Mailing list at https://metzdowd.com.
S. Wang, L. Ouyang, Y. Yuan, X. Ni,X. Han and F. Wang, "Blockchain- Enabled Smart Contracts: Architecture, Applications, and Future Trends," in IEEE Transactions on Systems, Man, and Cybernetics: Systems, vol. 49, no. 11, pp. 2266-2277, Nov. 2019, doi: 10.1109/TSMC.2019.2895123.
Smys, S., Abul Basar, and Haoxiang Wang. “Artificial Neural Network Based Power Managem ent for Smart Street Lighting Systems.” Journal of Artificial Intelligence 2, no. 01 (2020): 42-52.
Cai, M., Wang, L., & Jiang, W. (2020). Research on the application of blockchain technology in the field of online social welfare crowdfunding. Library & Information, 41(2), 76-80.
Dr. Horst Stipp EVP, Research & Innovation, Advertising Research Foundation,2019. Research on the Application Model of Public Welfare Crowdfunding Based on Blockchain TechnologySchool of Management, Wuhan University of Technology, Wuhan,China
Baber, H. (2020). Blockchain-based crowdfunding. Blockchain Technology for Industry 4.0: Secure, Decentralized, Distributed and Trusted Industry Environment, 117-130.
Rashmitha, S., Sanjay, H. A., Shastry, K. A., & Laxmi, K. J. S. (2022, June). FarmFund-A Blockchain based Crowdfunding App for Farmers. In 2022 7th International Conference on Communication and Electronics Systems (ICCES) (pp. 682-689). IEEE.
Zheng, Z., Xie, S., Dai, H., Chen, X., & Wang, H. (2017, June). An overview of blockchain technology: Architecture, consensus, and future trends. In 2017 IEEE international congress on big data (BigData congress) (pp. 557-564). Ieee.
Yi, L., & DanQing, H. (2017). Application of blockchain in charity donation use case. Topic Blockchain Standards Appl, (3), 25-27