GRENZE International Journal of Engineering and Technology
Vol. 12
(2026), Issue 2
EcoCrowd: Sustainable Community Crowdfunding using Solana Blockchain
Authors
Thejaswini S, Sanjana E, Prathiksha C P, Soumya Shetty S
Abstract
Crowdfunding enables individuals or organizations to raise funds for missions or social causes, where in multiple contributors donate small amounts, typically via online. Existing platforms like Kickstarter often focus on single cause for fund raise. Even though the existing crowdfunding platforms uses blockchain technology, especially decentralized cryptocurrencies like Bitcoin, Ethereum which has garnered attention for facilitating peer-topeer transactions without third parties. However, they face limitations such as low throughput and high latency, which raise concerns about scalability and challenges including high fees, transparency issues, and trust deficits. Hence, there is a need for an efficient decentralized platform that supports multiple causes, benefiting both society and the environment. The proposed work supports the multiple causes for fund raise and tracking the donated funds on a single platform using Solana blockchain technology. Solana addresses the limitations faced by other existing decentralized cryptocurrencies and introduces advancements in data structures and processes that improve performance, transparency, and security, offering a more efficient and trustworthy solution for crowdfunding.
Pages:
4810 - 4817