International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395-0056
Volume: 10 Issue: 05 | May 2023
p-ISSN: 2395-0072
www.irjet.net
CauseVCare - A Blockchain based Charity DApp Parth Mangalkar1, Piyusha Patil2, Manjusha Katkhede3, Assistant Prof. Sonal S. Fatangare4 4
Assistant Professor, Computer Engineering, RMD Sinhgad School of Engineering, Warje, India
1,2,3UG Student, Dept. of Computer Engineering, RMD Sinhgad School of Engineering, Warje, India
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Abstract - A blockchain-based charity tracking system is a decentralized platform that uses blockchain technology to
increase transparency, accountability, and efficiency in the charitable sector. The platform creates a public ledger that records all transactions and activities associated with charitable organizations, including donations received, funds disbursed, and expenses incurred. Smart contracts are integrated into the platform to ensure that the terms and conditions of transactions are automatically enforced, which increases trust and accountability for donors. Blockchain technology ensures that all transactions are immutable, transparent, and secure, reducing the need for intermediaries and eliminating associated costs. The blockchain-based charity tracking system improves donor confidence in charitable organizations, increasing donations and having a more significant impact. It provides insights into how funds are utilized and helps prevent fraud and corruption. The blockchain-based charity tracking system is an innovative solution that can transform the charitable sector by promoting transparency, efficiency, and trust between donors and charitable organizations. Key Words: Blockchain, Distributed Ledger Technology, Cryptocurrency, Transparent, Smart Contracts.
1.INTRODUCTION Most likely, we have seen that the problem in charity management is that donations are not reaching the needy; they are getting corrupted in between without knowing anyone because of a lack of transparency between donors and charities. Another thing is that the security of the funds and their related data have to be provided. A system that gives transparency and security to donations is needed. Here, we have a solution for this issue is, that we can use Blockchain for storing all data related to the donations. Blockchain is a decentralized and distributed digital ledger that records transactions and stores data in a secure, transparent, and tamper-proof way. It was originally introduced in 2008 as the underlying technology behind Bitcoin but has since been applied to a wide range of applications beyond digital currency like healthcare, insurance, e-voting systems, identity verification, real estate, etc. There are three types of blockchain available: public (Ethereum, Bitcoin), private (Hyperledger Fabric), and consortium (Ripple, IBM), and the types are classified on the basis of permissions to access the records and their authentication. We select them according to our needs for the application. Blockchain gives transparency because anyone can access all transactions and verify them, as each block has a unique signature, timestamp, and reference to the previous block. Smart contracts are used to increase transparency, as they are self-executing programs used to trigger some actions when some conditions are satisfied. Proof of Work (PoW) or Proof of Stake (PoS) are the two consensus mechanisms used for the verification and validation of blocks before adding them to the blockchain. With this process, immutable records are made in the database. Smart contracts and PoS/PoW work together to provide a secure, decentralized, and automated system for validating transactions, executing contracts, and maintaining the integrity of the blockchain.
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