In all the existing crowdfunding platforms, both the investor as well as the fundraiser have to trust a third party (the platform) to handle their money correctly. But in our approach, all funds are transferred directly from the investor to the fundraiser through smart contracts (using blockchain) and no third party is involved.
The major problem with existing microfinance platforms is that campaign starter or fundraisers bloat the funding amounts on their own to create a false image/hype.
The biggest challenge was to link smart contracts deployed on ethereum blockchain and our flutter. Flutter does not have any good support for blockchain technology so it was quite a challenge to figure out a way to link everything it all together.
Discussion