Abstract
Crowdfunding is a platform can be used to collect small amount from large number of people. In Traditional platform it is not easy to track the usage of the fund. Hence campaign creator can use money for their own need.This paper proposes a solution on how to prevent such fraud in crowdfunding platforms using blockchain and smart contracts. The main aim of this solution is to propose a solution that can reduce those effects. The important feature of Blockchain is that it maintains transparency among the nodes in the network. We are proposing a solution keeping this feature in mind to implement campaign as smart contracts designed for crowdfunding websites where campaign managers will need to get approval based for their requirements from backers. The proposed solution has been implemented using Ethereum and tested on Rinkeby Network.
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Sahu, M., Gangaramani, A., Bharambe, A. (2021). Secured Crowdfunding Platform Using Blockchain. In: Balas, V.E., Semwal, V.B., Khandare, A., Patil, M. (eds) Intelligent Computing and Networking. Lecture Notes in Networks and Systems, vol 146. Springer, Singapore. https://doi.org/10.1007/978-981-15-7421-4_3
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DOI: https://doi.org/10.1007/978-981-15-7421-4_3
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