Crowd Funding using Blockchain

Abstract

Crowd funding is an online money-raising strategy that began as a way for the public to donate small amounts of money to help creative people finance their projects. Through crowdfunding, individuals are able to invest in entrepreneurial start-ups through an intermediary, such as a broker-dealer. The problem with the current sites is they don't provide the Donor Guarantee Policy and they don't have control over the money they donated. This paper is to propose crowdfunding using blockchain technology. Through this, we can provide a safe, secure and transparent way for crowdfunding. This work of this paper is to provide interactive forms for campaign creation, donation and request approval through which both campaign creators and donors can easily create and fund the campaigns. The Donor can able to track the money that they were sent. The Blockchain will record all the transaction and store as a block.