HopeChain
A decentralized donations management platform to tackle the world's most intimidating disasters by providing funds quickly and transparently
Created on 26th March 2023
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HopeChain
A decentralized donations management platform to tackle the world's most intimidating disasters by providing funds quickly and transparently
The problem HopeChain solves
More than 350 million people worldwide are impacted by disasters and conflicts each year. Without an efficient way to make funds and resources reach them, it becomes increasingly difficult to manage such disasters that lead to a massive loss of lives, resources and property. Accompanied by this is the corruption that occurs with donations.
That is where we step in.
HopeChain
A decentralized donations management platform to tackle the world's most intimidating disasters by providing funds quickly and transparently
**Use-Cases: **
- Disaster recovery relief organization management - relief organizations can use our platform to post fund targets for local and global disasters
- Donation management - all donations are tracked from the donor to the usage of the donation by the NGO and is shown to user
- Donation transparency and trust build - because we use decentralization, all transaction data is secure and visible to our stakeholders
- Emergency relief funds for instant action and support - we keep funds for emergency situations which can be disbursed immediately upon need
- Quick disaster reporting - our application facilitates quick and accurate disaster reporting to minimize damage and save lives
**Key-Benifits: **
- Faster & cheaper than Forex - high volume intercurrency transactions take time and have money loss. Liquidity of crypto makes it the best alternative for this issue
- Tracking Donation Records using Daos - decentralized autonomous organizations can be setup with NGOs to validate and track the complete transaction records from user’s donation to user in need
- Increased Transparency & Trust - because a decentralized platform can provide more transparency to the donors and increase the trust between donors and relief organizations
- Increased security - using blockchain, all transactions are secure and it can prevent fraud and theft.
Challenges we ran into
We faced a few critical issues while building this project. Below are the key issues we faced -
- Integrating frontend with our smart contracts - this was one of the biggest challenges that we faced. It took good research, debugging and asking seniors and mentors to figure out the same.
- Deploying smart contracts on polygon - Identifying functions for the smart contracts, and deploying the smart contract to polygon. We faced a lot of problems here as none of us knew solidity. We had to learn solidity and create several functions in the solidity file for different methods.
- Figuring out web3 - The complete terminology, stack and frameworks used in web3 dapps was new and so we took our time learning and understanding the concepts. ChatGPT helped us a lot in the learning process
Tracks Applied (4)
Ethereum + Polygon Track
Polygon
Filecoin
Filecoin
Replit
Replit
Most Creative Use of GitHub
Major League Hacking
Discussion
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