Charity with Minimum Fraud using Blockchain Technology |
Author(s): |
| Shadab Shaikh , Thakur Polytechnic; Disha Devalia, Thakur Polytechnic; Jainam Zaveri, Thakur Polytechnic; Tousif Ansari, Thakur Polytechnic; Khushboo Tiwari, Thakur Polytechnic |
Keywords: |
| Blockchain, charity |
Abstract |
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In the current scenario of various charity trusts we donate money online for a good cause. After we donate the money online we don’t know where that money goes, is it even being used for the said cause. There are a lot of trust issues. To overcome this issue, we can implement blockchain technology into the charities. After the implementation of blockchain we can see history of all the transactions made by the NGO in the past. By this we can determine whether the NGO is trustworthy or not. After the donation of money, we can also track where our money is being used. Also if the NGO is unable to collect the required amount in the given time then the money can easily be wired back to the donator. Or the people who have donated the money can cast their vote to extend the time limit for fund collection depending upon the milestone reached. |
Other Details |
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Paper ID: IJSRDV7I120205 Published in: Volume : 7, Issue : 12 Publication Date: 01/03/2020 Page(s): 438-440 |
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