The problem Chain-Aid solves
Present donation systems pose a lot of problems including :
- Lack of transparency: Many donation apps don't provide enough transparency about how donations are used or distributed. This can lead to mistrust and skepticism among donors, and may discourage them from making donations in the future
- High transaction fees: Some donation apps charge high transaction fees, which can eat into the amount of money that actually goes to the intended cause. This can be frustrating for donors who want to ensure that their contributions are making a real impact.
- Lack of accountability: In some cases, it's difficult to track how donations are being used and whether they're having a positive impact. This lack of accountability can be a turn-off for donors who want to see tangible results from their contributions.
- Limited payment options: Some donation apps only accept certain types of payments, such as credit cards or PayPal. This can be inconvenient for donors who prefer to use other payment methods, such as cryptocurrency.
Chain- Aid is a blockchain-based donation platform that allows individuals and organizations to easily donate to causes they care about.
Challenges we ran into
Since we were working online and all the members were from different places , there was difficulty in collaborating and finding a perfect time to work together.
Also since we had other engagements it was a bit hectic to manage everything.
We faced some difficulty in integrating the smart contract with the frontend.