Fund Mela: A Donation based Crowdfunding Podium through Blockchain

10 pages•Published: August 6, 2024

Sudip Singha, Swayam Singh, Geethanjali Devaraju and Umasankari Natarajan

Abstract

Crowdfunding is a transformative fundraising method, enabling the collection of small contributions from a large audience, often facilitated through online platforms. This approach, leveraging the collective support of a diverse crowd, offers individuals, entrepreneurs, and organizations an alternative to traditional financial intermediaries for financing their projects. Recently, crowdfunding has become a potent tool for funding innovative ventures, yet faces challenges related to transparency and security. In response, this system proposes a blockchain - based crowdfunding platform, employing smart contracts, decentralized identity, and a tokenized system to enhance transparency and trust. The platform's key features include smart contracts governing the crowdfunding process, a user-friendly interface for campaign creation with details on proposed system goals, and seamless integration with cryptocurrency payment gateways, ensuring a transparent and trustworthy ecosystem for both project creators and backers.

Keyphrases: blockchain, crowdfunding, cryptocurrency, smart donations

In: Rajakumar G (editor). Proceedings of 6th International Conference on Smart Systems and Inventive Technology, vol 19, pages 410-419.

Links:	https://easychair.org/publications/paper/Vcrb
	https://doi.org/10.29007/6nhx

BibTeX entry

@inproceedings{ICSSIT2024:Fund_Mela_Donation_based,
  author    = {Sudip Singha and Swayam Singh and Geethanjali Devaraju and Umasankari Natarajan},
  title     = {Fund Mela: A Donation based Crowdfunding Podium through Blockchain},
  booktitle = {Proceedings of 6th International Conference on Smart Systems and Inventive Technology},
  editor    = {Rajakumar G},
  series    = {Kalpa Publications in Computing},
  volume    = {19},
  publisher = {EasyChair},
  bibsource = {EasyChair, https://easychair.org},
  issn      = {2515-1762},
  url       = {/publications/paper/Vcrb},
  doi       = {10.29007/6nhx},
  pages     = {410-419},
  year      = {2024}}

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