CovidFundrasier: A Decentralized Fundraising Platform for the ongoing Pandemic

[nitasha18]

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CovidFundraiser

ℹ️ CovidFundraiser

Please complete all applicable.

• Project Name: CovidFundraiser
• Short Project Description: Decentralised and trustful fundraising platform for the ongoing pandemic.
• Any supporting Link: https://www.youtube.com/watch?v=mGXZzwEqLLc
• Labels: Blockchain, Reactjs, Nodejs, Solidity

🔥 Your Pitch

The world is facing an unprecedented challenge with communities and economies everywhere affected by the growing COVID-19 pandemic. There are various NGO partners and organisations providing Covid-relief and trying to ease the suffering of families. But often charitable organisations have encounter barriers to success due to lack of transparency, accountability issues and limits to the ways they can accept donations.

CovidFundraiser network would help to eliminate all of them. As it would be built on top of Blockchain it will fulfill the trust among people and organisation. Also as digital currencies have been firmly established by various blockchains like Bitcoin, Ethereum and Litecoin, it can use that cryptocurrencies across the border for raising funds. This digital fundraising can be transformed on a wider scale, by enabling charities to accept payments from anywhere in the world without the need to pay foreign exchange fees or consideration of currency exchange rates.

Characteristics:

• Global and decentralized: As blockchain enables banking outside the traditional networks using cryptocurrencies, it will also allow the person (who is in need) to raise money outside of the usual pathways.

• Digital Agreements: Blockchain makes it easier to share and store digital data, and may also be used to ensure that important documents or contacts cannot be modified without the approval of all the involved members.

• Transparency: Other organisations where the donations are being used would also have a systematic log of the funds through the existing digital agreements.

• Reduced expenses: This technology would have the potential to simplify the way charities are managed, automating parts of the process and reducing the overall costs by requiring fewer intermediaries.

• Other supplies: This will also help those families who are indirectly hit by COVID-19 pandemic by contributing money for treatment, food supply, wages, manufacturing of PPE kits etc.

🔦 Looking for a help in?

Looking for teammates having skills in back-end part and knowledge on building smart contracts.

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