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Development of a Crowdfunding Application Powered by Ethereum Blockchain
Subject area: Science,Engineering and Technology · Area of research: Blockchain
Abstract
Distributed ledger technologies are in path to disrupt economic interactions across markets. The aim of this project is to identify inefficiencies of the current crowdfunding market and address them by combining smart contracts with smart property in a trustworthy decentralized application built on Ethereum. The focus is made on services provided by crowdfunding intermediaries in order to analyze their implementation on blockchains and to design a decentralized application. This methodology points out the potential of crowdfunding decentralized applications to lower market inefficiencies by bypassing third parties and easing trade on secondary markets.
Keywords
Blockchain, Campaign, Crowdfunding, Hashing, Request-Approval, Smart Contracts
How to cite this paper
@article{1704204,
author = {Geetika Jhanji, Vidushi Tyagi, Aaditya Gaur, Yogesh Sharma},
title = {Development of a Crowdfunding Application Powered by Ethereum Blockchain},
journal = {Iconic Research And Engineering Journals},
year = {2023},
volume = {6},
number = {9},
pages = {265-271},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1704204.pdf},
abstract = {Distributed ledger technologies are in path to disrupt economic interactions across markets. The aim of this project is to identify inefficiencies of the current crowdfunding market and address them by combining smart contracts with smart property in a trustworthy decentralized application built on Ethereum. The focus is made on services provided by crowdfunding intermediaries in order to analyze their implementation on blockchains and to design a decentralized application. This methodology points out the potential of crowdfunding decentralized applications to lower market inefficiencies by bypassing third parties and easing trade on secondary markets.},
keywords = {Blockchain, Campaign, Crowdfunding, Hashing, Request-Approval, Smart Contracts},
month = {March},
}