UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 11 Issue 6
June-2024
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2406432


Registration ID:
542894

Page Number

e215-e219

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Title

Revolutionizing Crowdfunding with Trusted Blockchain Platform

Authors

Abstract

The Trusted Crowd-Funding Platform represents a paradigm shift in the crowdfunding landscape, leveraging smart contracts and Blockchain Technology to tackle existing challenges. With the evolution of crowdfunding from donation-based to investment- oriented models, concerns regarding donor security and fund management have become prominent. This platform addresses these issues by employing smart contracts, which ensure transparency and enforce predetermined rules, providing donors with confidence in the allocation of their contributions. Additionally, Blockchain Technology plays a crucial role in enhancing security by recording transactions immutably, thereby reducing the risk of fraud or tampering. Both creators and donors stand to benefit significantly from this innovative solution. Creators gain access to a reliable source of funding and experience increased trust and credibility among potential supporters. By leveraging Ethereum blockchain and web frameworks like Django and Node.js, these platforms offer transparency, security, and efficiency in fundraising activities. On the other hand, donors can contribute with confidence, knowing that their investments are safeguarded by smart contracts and blockchain technology. By fostering trust and efficiency, the platform aims to create a conducive environment for funding creative projects. Ultimately, it seeks to stimulate innovation and collaboration by offering a secure and transparent mechanism for crowdfunding activities.

Key Words

Crowd Funding, Blockchain Technology, Smart Contracts, Ethereum, Django.

Cite This Article

"Revolutionizing Crowdfunding with Trusted Blockchain Platform", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 6, page no.e215-e219, June-2024, Available :http://www.jetir.org/papers/JETIR2406432.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Revolutionizing Crowdfunding with Trusted Blockchain Platform", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 6, page no. ppe215-e219, June-2024, Available at : http://www.jetir.org/papers/JETIR2406432.pdf

Publication Details

Published Paper ID: JETIR2406432
Registration ID: 542894
Published In: Volume 11 | Issue 6 | Year June-2024
DOI (Digital Object Identifier):
Page No: e215-e219
Country: Hyderabad, Telangana, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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