A blockchain-based web application for enhancing financial transparency in NGOs

Abstract

Financial transparency is a persistent challenge for NGOs, leading to trust issues, inefficiencies, and fund mismanagement. Trust Block is a blockchain-based web application designed to enhance accountability by enabling real-time tracking of donations and fund allocations through Ethereum blockchain, smart contracts, and decentralised ledgers. Built with React.js, Node.js, and MongoDB, and secured using Ganache and Solidity, the system automates financial processes, minimises human intervention, and ensures immutable transaction records. By providing real-time insights to donors and regulatory bodies, Trust Block fosters trust and financial integrity in the NGO sector, demonstrating the power of Web3 technologies in creating secure and transparent transactions.