International Journal of Progressive Research in Engineering Management and Science
(Peer-Reviewed, Open Access, Fully Referred International Journal)
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CROWDFUNDING THROUGH BLOCKCHAIN (KEY IJP************649)
Abstract
People's sensitive and important data can be viewed quite differently thanks to blockchain technology. Every transaction is irrevocably logged and time- and date-stamped. Even transactions can be automated using smart contracts, increasing efficiency and accelerating the procedure even further. The transaction or process advances to the following step when pre-established requirements are satisfied. Smart contracts do away with the need for third parties to confirm that the terms of the contract have been met and the necessity for human intervention. In order to provide a dependable, secure, transparent, and decentralized solution, a blockchain-based crowdfunding web application is developed. Transparency and security are critical issues for any organization, but they are especially so for those that operate crowdfunding platforms.