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