Abstract

Crowdfunding has identified a popularized way to collect money for different projects. But sometimes, people mistrust it whereas there are majority of cases of dishonesty happening. This paper aspects on how we can use blockchain technology to make crowdfunding safer. Blockchain is like a network of computers that save records of transactions. Because of this, we can be positive that the money is used correctly. By considering how crowdfunding works now and inspecting how blockchain can help, this paper suggests conceptions to make crowdfunding platforms more secure. If we use Blockchain, we can make people's confidence in crowdfunding longer and get more contributions for new and creative projects.