Blockchain vs Conventional Fundraising: A Comparative Analysis of Transparency, Trust, and Efficiency
Despite the popularity of traditional fundraising platforms, they suffer from systemic problems, such as lack of transparency, high operating costs, and centralized oversight, which undermine donor trust and lead to mismanagement of funds.Blockchain technology offers a revolutionary alternative by enabling decentralized, secure, and transparent transactions through immutable ledgers and smart contracts.This paper compares traditional fundraising mechanisms to blockchain-based systems to demonstrate why blockchain offers a more reliable, efficient, and accountable model.By integrating real-time fundraising tracking and automated disbursement mechanisms, platforms like DAPP Raiser are setting new standards for donor assurance and impact verification.This comparative analysis provides a framework for moving toward a blockchain-based fundraising future.
Authors
- Manjusha Verma (ORCID: https://orcid.org/0000-0001-7711-5242)
- Sumeet Mishra (ORCID: https://orcid.org/0000-0002-9924-4894)
- Saurabh K. Verma (ORCID: https://orcid.org/0000-0001-7846-9798)
- Tanmay Chandra
Publication Details
- Journal
- International Journal of Research Publication and Reviews
- Published
- 2025-05-01
- DOI
- https://doi.org/10.55248/gengpi.6.0525.1757
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00