Enabling Secure and Transparent Crowd Funding Approach Powered by Blockchain

Now a day, crowdfunding is the most prominent area which the people are using to generate and create the funds. This is not only popular in developed countries, but also popular in developing countries. In India, the scope of the crowdfunding is increasing exponentially. Blockchain is one of the best way to do the fundraising and Crowdfunding. Many MSE and organizations are practicing the crowdfunding to raise funds for their infrastructures and the projects. The large number of people can easy contribute their funds electronically. Traditionally, the task was done in form of bank loans and partnerships, now the digital world has given so many options to raise the funds. Entrepreneur can easily generate the fund through the crowdfunding platforms. The proposed system addressed the various issues and their solutions to use the crowdfunding platforms. The article shows an approach and methodology which is secure and transparent to raise the fund using blockchain architecture.