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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM20149
Volume:
7 |
4 |
Apr 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The research presented here examines the potential of developing a decentralized, secure, and effective crowdfunding platform using blockchain technology. The study looks at the present issues facing conventional crowdfunding platforms, such as their exorbitant costs, accessibility restrictions, and lack of transparency. The suggested solution is a blockchain-based crowdfunding platform that enables people and organizations to launch campaigns and obtain funding from a worldwide network of investors. The platform automates crowdsourcing by using smart contracts, doing away with middlemen, and bringing down transaction costs. The paper examines the advantages of using blockchain technology for crowdfunding, including improved security, transparency, and accessibility.
KEYWORDS
Publication Date
3/4/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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No funding information available for this research.
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