The problem FairQuizzing solves

Traditional quiz hosting platforms lack transparency, security, and decentralized mechanisms for fund management and reward distribution. The current centralized model often faces challenges such as fund mismanagement, delayed reward distribution, and limited user trust due to the opaque nature of the processes involved. Additionally, users may encounter issues related to payment security and the central authority's control over quiz hosting.

This project aims to address these issues by leveraging blockchain technology, specifically Ethereum, to create a decentralized quiz hosting system. The key problems targeted by this project include:

Transparency and Trust:

Issue: Existing quiz platforms lack transparency in fund management and reward distribution, leading to user distrust.
Solution: Implementing decentralized smart contracts on the Ethereum blockchain ensures transparent and auditable processes, building trust among users.

Payment Security:

Issue: Centralized platforms may face security vulnerabilities in payment transactions, risking user funds.
Solution: Leveraging Ethereum's blockchain technology ensures secure and tamper-proof payment transactions, enhancing the security of user payments.

Delayed Reward Distribution:

Issue: Centralized quiz platforms may face delays in distributing rewards to participants.
Solution: Smart contracts enable automatic and immediate reward distribution based on predefined rules, eliminating delays and ensuring a fair and timely reward system.
Limited User Control:

Issue: Traditional quiz hosting platforms often give excessive control to a central authority, limiting user autonomy.
Solution: The decentralized nature of the blockchain ensures that users have more control over their funds, participation, and rewards without relying on a central entity.