Improving Crowdfunding Integrity with Blockchain using Ethereum-based smart contract

Abstract

Blockchain, as we have seen, was first only a foundation for cryptocurrencies, but ten years later, a new rapidly growing technology has been widely used in multiple businesses. In a more significant number of years, most of the technologies in Blockchain can be used worldwide to authoritatively enhance online transactions. Crowdfunding is one of the integrating disciplines for blockchain technologies. Today, people worldwide are experiencing the most common problem with crowdfunding i.e. the lack of regulation over the campaigns-people get scammed. Many other projects also took an incredibly long time to finish.This project aims to address these problems by preventing fraud and ensuring that projects may be finished within the allocated time by integrating Ethereum smart contracts in crowdfunding.