EtherFund: A Blockchain-Based Decentralized Crowdfunding Platform

The increasing demand for transparency, security, and efficiency in crowdfunding platforms has driven the adoption of decentralized systems powered by blockchain. EtherFund is proposed as a blockchain-based decentralized crowdfunding platform utilizing Ethereum's smart contract capabilities. This paper explores the design, architecture, and benefits of EtherFund, focusing on how it addresses issues inherent in traditional platforms such as centralized control, high fees, and lack of transparency. The research also provides a detailed analysis of EtherFund’s potential to enhance trust, security, and efficiency within the crowdfunding ecosystem. Findings indicate EtherFund's significant potential to revolutionize the crowdfunding industry by decentralizing control and ensuring secure.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-11-15
DOI
https://doi.org/10.36948/ijfmr.2024.v06i06.29934
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

EtherFund: A Blockchain-Based Decentralized Crowdfunding Platform

Sumit S. Sagane -, Anuj J. Ghom -, Atharv N. Phuse -, Harish S. Chopade - et al.
International Journal For Multidisciplinary Research
FinTech, Crowdfunding, Digital Finance
article

EtherFund: A Blockchain-Based Decentralized Crowdfunding Platform

Sumit S. Sagane -, Anuj J. Ghom -, Atharv N. Phuse -, Harish S. Chopade -, Mahesh A. Ghongade -
article en

Abstract

The increasing demand for transparency, security, and efficiency in crowdfunding platforms has driven the adoption of decentralized systems powered by blockchain. EtherFund is proposed as a blockchain-based decentralized crowdfunding platform utilizing Ethereum's smart contract capabilities. This paper explores the design, architecture, and benefits of EtherFund, focusing on how it addresses issues inherent in traditional platforms such as centralized control, high fees, and lack of transparency. The research also provides a detailed analysis of EtherFund’s potential to enhance trust, security, and efficiency within the crowdfunding ecosystem. Findings indicate EtherFund's significant potential to revolutionize the crowdfunding industry by decentralizing control and ensuring secure.

International Journal For Multidisciplinary ResearchVol. 6(6)
Openalex Percentile: Top 68%
FinTech, Crowdfunding, Digital Finance
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