Distributed Crowdfunding using Blockchain
Year: 2024
Type: article
Abstract: This paper presents the design and implementation of a distributed crowdfunding system using blockchain technology. Crowdfunding has become a popular method for raising funds for various projects, but it suffers from limitations such as lack of transparency, high fees, and reliance on intermediaries. To address these issues, we propose a decentralized platform that leverages the transparency and security of blockchain technology. The system allows project creators to create fundraising campaigns and investors to contribute funds directly to the projects of their interest. Contributions are conducted using cryptocurrency on the blockchain, ensuring security and eliminating the need for intermediaries.
Authors: Nancy, Noella R S, Prabhu Kumar, M Rama Krishna, Sai, N Rahul, Nithya, S., Gowri, Manohari V
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W6911848506
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