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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM4961
Volume:
4 |
7 |
Jul 2020
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.
Crowdfunding is a modern technique that helps innovators, entrepreneurs, and organizations raise money for their ideas through online platforms. However, most existing crowdfunding platforms operate in a centralized way, making them prone to high fees, fraud, and lack of transparency. Blockchain technology provides a decentralized and secure way to conduct financial transactions without intermediaries. This paper presents a blockchain-enabled crowdfunding platform, named CoinRaise, that uses Ethereum smart contracts to create a transparent, automated, and low-cost fundraising process. CoinRaise integrates the Hardhat development environment for smart contract development, Chainlink Oracle for real-time data accuracy, and MetaMask for user wallet management. The system demonstrates how blockchain can improve trust, security, and efficiency in online fundraising.
KEYWORDS
Publication Date
1/10/2025
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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