AlumNet: A Donation Platform for Alumni

Abstract

Blockchain is a revolutionary technique that is becoming increasingly popular for addressing a wide range of security-related issues that are controlled by both the public and private sectors. Charitable organizations are showing an increasing interest in blockchain technology. People have lost faith in charities as a matter of fact of the transactions’ lack of clarity involving donations, which prevents donors from knowing whether their contributions are being used effectively. This paper suggests a decentralized blockchain-based Alumni Network Donation App: AlumNet that will deliver to the target group total transparency, integrity, and access directly. The alumni network is willing to support any purpose, including projects, conferences, etc., through this platform. It is focused upon the blockchain of Ethereum. The smart contract consists of token creation, issue and transfer functions and initially some tokens are provided by the smart contract. This is a totally decentralized system and the donations made are stored onto the blockchain.