UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 12
December-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2312542


Registration ID:
530492

Page Number

f362-f368

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Title

Trust Building With Technology Exploring Blockchain and Smart Contract in Charity

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Abstract

This research delves into the cost-effective utilization of blockchain technology and smart contracts on the Binance Smart Chain to transform and enhance the transparency of distributing charitable funds.In the philanthropic landscape, where ensuring that donated funds serve their intended purpose is paramount, the affordability and efficiency of the Binance Smart Chain offer an ideal platform for creating a transparent and automated system. This innovative system verifies and records each transaction, guaranteeing that funds are allocated exclusively for approved charitable activities, thus mitigating the risk of misallocation or misuse.By harnessing the Binance Smart Chain's cost-efficient capabilities, this study presents a practical solution for bolstering donor confidence, trust, and transparency within the charitable sector. The decentralized and tamper-resistant features of blockchain ensure an immutable and verifiable transaction record, providing stakeholders with instant Consequently, this study adds to the ongoing conversation about utilizing blockchain for societal benefit, underscoring the transformative possibilities of emerging technologies in improving the efficiency of charitable initiatives and fostering a commitment to conscientious philanthropy.

Key Words

blockchain, smart contract,charity, trust

Cite This Article

"Trust Building With Technology Exploring Blockchain and Smart Contract in Charity", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 12, page no.f362-f368, December-2023, Available :http://www.jetir.org/papers/JETIR2312542.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Trust Building With Technology Exploring Blockchain and Smart Contract in Charity", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 12, page no. ppf362-f368, December-2023, Available at : http://www.jetir.org/papers/JETIR2312542.pdf

Publication Details

Published Paper ID: JETIR2312542
Registration ID: 530492
Published In: Volume 10 | Issue 12 | Year December-2023
DOI (Digital Object Identifier):
Page No: f362-f368
Country: ulhasnagar, Maharashtra, India .
Area: Science & Technology
ISSN Number: 2349-5162
Publisher: IJ Publication


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