Paper Contents
Abstract
This project introduces a blockchain-based crowdfunding system that utilizes smart contracts to revolutionize the way fundraising campaigns are conducted. The smart contracts, developed using Solidity, automate various processes involved in crowdfunding, including campaign creation, contribution tracking, reward distribution, and secure storage of information on the blockchain. By harnessing blockchain technology, the system offers transparency, security, and efficiency in managing crowdfunding operations. This report explores the system's architecture, functioning principles, implementation details, and evaluates its performance. Additionally, it analyzes the advantages and limitations of adopting a blockchain-based approach in crowdfunding. The project highlights the potential of blockchain to transform the fundraising landscape, providing a decentralized, transparent, and inclusive platform for creators and backers alike.
Copyright
Copyright © 2023 Aby Varghese. This is an open access article distributed under the Creative Commons Attribution License.
