Blockchain-Based Crowdfunding Platform for Disaster Relief and Effective Charity

Abstract

Charity plays an essential role in our society, and often recognized as a type of social debt, leading to the circulation of a significant amount of money globally. We have seen a increased growth of organizations and public charity funds through recent years, collecting donations for various philanthropic needs. Unfortunately, most of the charity funds frequently gain much funds from the unethical organization, resulting in significant damage for industry's reputation, which results in reducing trust level which affects the ability to raise donations. We strongly believe that utilizing this technology will boost trust , increase efficiency, and encourage more donations. The Charity project, a blockchain-based charity foundation platform that facilitates the trustful network's formation and is accountable for collecting donation funds. The blockchain network contains publically recognized, trustful, and prestigious organizations. The complete system will be decentralised using Blockchain Technology, Smart Contracts and Cryptocurrency. We strongly believe that utilizing our technology will boost trust , increase efficiency, and encourage more donations. All organization’s operations and functions within the platform will become fully transparent and visible, leveraging properties of immutability, provenance, and non- repudiation to the users. All organizations operations and functions within the platform will become fully transparent and visible, therefore the platform will reduce the results of dishonest actions, revealing fraudulent organizations' activity.