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October 26, 2023· International Journal for Research in Applied Science and Engineering Technology
article
Open access

Crowdfunding Application by Binance Blockchain and Hybrid Models

Authors:Viraj ShewalePrasad SutarVinit Kawachale

Abstract

Abstract: As Web3 and blockchain develop faster in many areas such as healthcare, social services, electronic voting and more. Crowdfunding applications are leveraging BSC's efficiency and low transaction costs to bridge the gap between blockchain and traditional finance through a hybrid model. It combines the user-friendly React-based interface, secure Solidity smart contracts, and Hardhat's development and testing capabilities to create a versatile and secure platform. The goal of this project is to identify the value gap in the current crowdfunding market and provide them with smart contracts with smart tools for application businesses created by Ethereum. This crowdfunding app represents a significant step forward in fundraising, meeting many needs of customers and poised to shape the future of crowdfunding with its new and innovative approach.

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