A Secure and Transparent Fundraising Framework Utilizing Blockchain and Smart Contracts

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.