CFS DApp

CFS DApp

Decentralized Crowd Funding System

CFS DApp

CFS DApp

Decentralized Crowd Funding System

The problem CFS DApp solves

For many reasons an individual or a group needs to collect funds such as for financial assistance in case of accidents or funds for elections or educational loan... many such incidents that requires large money that can be crowd funded. Our system is blockchained powered to resolve this issue making it a safe way for funding. The one who deploys the smart contract becomes the manager who can give the raised amount to the needy. Also funds can be raised within a time limit and if the financial need isnt met until the time then the contributors can get back their paid amount. The data of contributors remain secured and smart contract determines who gave money to whom and hence no issue of validity of identity.

Challenges we ran into

Determining a way to manage security of fund raisers was a difficulty but was resolved by team brainstorming. Also solidity smart contract though easy, was difficult to manage initially

Technologies used

Discussion