Crowd Funding using Blockchain

Suryansh Jaiswal, Rudrendra Bahadur Singh, Suraj Yadav, Vishal Kumar

Department of Computer Science and Engineering,

Babu Banarasi Das Institute of Technology and Management, Lucknow, India

ABSTRACT

Crowd financing is an internet fundraising approach that started as a way for the general public to give modest sums of money to assist creative people fund their projects. Individuals can invest in entrepreneurial start-ups via crowdsourcing through an intermediary, such as a broker-dealer. The problem with the present sites is that they do not offer a Donor Guarantee Policy, and they have no control over the funds they have contributed. The purpose of this article is to suggest the use of blockchain technology for crowdfunding. We can provide a safe, secure, and transparent crowdfunding platform as a result of this. This paper's goal is to build interactive forms for campaign creation, contribution, and request approval so that campaign creators and donors may easily establish and support campaigns. The money that was sent to the donor may be tracked. All transactions will be recorded and stored in a block on the Blockchain.

Keywords- Crowdfunding, Blockchain, Campaign, Smart Contracts, Request-Approval, Consensus