Blockchain Technology: Trusted Crowdfunding PlatformUsing a Smart Contract

Abstract

Advances in digital technology brought about in the recent past by blockchain's transparency, security, and decentralization have changed things.The present paper discusses a blockchain-enabled crowdfunding platform that eliminates fraud, processes that go undocumented, and accountability issues that arise in the existing systems.Automation takes place with the use of Ethereum blockchain and smart contracts.The implementation of the smart contract employs Solidity, testing and deployment is handled through Foundry, and wallet integration is with MetaMask.HTML and JavaScript facilitate user navigation, moving blockchain nearer to the user interface.The platform addresses problems such as latency and complexity, providing a trustless, low-cost funding system.Future updates can incorporate token integration and cross-chain compatibility for increased stability and user adoption.