A Secure and Transparent Fundraising Framework Utilizing Blockchain and Smart Contracts

Traditional fundraising methods often struggle with issues such as limited transparency, high intermediary costs, and inefficiencies in fund distribution, leading to donor mistrust and reduced participation. This paper introduces a secure, decentralized fundraising framework that leverages Ethereum based smart contracts, Web3 wallet integration, and IPFS for decentralized storage. The proposed system eliminates the need for intermediaries, enabling automated, tamper proof transactions and real time fund tracking. Key features include KYC based fundraiser verification, zero-knowledge proof (ZKP) for privacy, and zk rollup technology for improved scalability. Performance evaluations demonstrate low transaction latency, optimized gas consumption, and successful end to end integration with blockchain APIs. The system offers a practical alternative to conventional platforms by enhancing transparency, reducing operational costs, and ensuring accountable fund distribution. This framework has the potential to transform the future of charitable giving and crowdfunding through blockchain innovation.

Authors

Institutions

Publication Details

Published
2025-06-27
DOI
https://doi.org/10.1109/ncim65934.2025.11160273
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

A Secure and Transparent Fundraising Framework Utilizing Blockchain and Smart Contracts

Mohammod Abul Kashem, M. M. Rakibul Hasan, Md Mahedi Zaman Zaber, Farjana Akther Hima
FinTech, Crowdfunding, Digital Finance
article

A Secure and Transparent Fundraising Framework Utilizing Blockchain and Smart Contracts

Mohammod Abul Kashem, M. M. Rakibul Hasan, Md Mahedi Zaman Zaber, Farjana Akther Hima
article en

Abstract

Traditional fundraising methods often struggle with issues such as limited transparency, high intermediary costs, and inefficiencies in fund distribution, leading to donor mistrust and reduced participation. This paper introduces a secure, decentralized fundraising framework that leverages Ethereum based smart contracts, Web3 wallet integration, and IPFS for decentralized storage. The proposed system eliminates the need for intermediaries, enabling automated, tamper proof transactions and real time fund tracking. Key features include KYC based fundraiser verification, zero-knowledge proof (ZKP) for privacy, and zk rollup technology for improved scalability. Performance evaluations demonstrate low transaction latency, optimized gas consumption, and successful end to end integration with blockchain APIs. The system offers a practical alternative to conventional platforms by enhancing transparency, reducing operational costs, and ensuring accountable fund distribution. This framework has the potential to transform the future of charitable giving and crowdfunding through blockchain innovation.

International University of Business Agriculture and Technology (BD), Dhaka University of Engineering & Technology (BD), Jahangirnagar University (BD)
Openalex Percentile: Top 59%
FinTech, Crowdfunding, Digital Finance
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

A Secure and Transparent Fundraising Framework Utilizing Blockchain and Smart Contracts — Mohammod Abul Kashem, M. M. Rakibul Hasan, et al. · (2025) | TGRS Research Map | TGRS