Smart Contracts For NGOs and Startups using Blockchain

Abstract

This paper proposes and emphasizes the requirement of an Blockchain based smart contract for NGO's and startup crowdfunding in the present circumstances. It also highlights the need of an online financial system for indigenous NGO's and seed fund utilization of startups. Conventionally, most charity organizations make use of hard cash for settling its transactions making the process less transparent. However, due to the COVID-19 pandemic, financial system has been largely affected. In this case an online financial transaction cum procurement portal would be crucial for the candidates applying relief in remote locations. The system analyses their eligibility based on their Curriculum Vitae (CV). Proposed system uses Ethereum based smart contract and Truffle Box to build a complete Dapp (decentralized application). Authors have used MetaMask Extension as a cryptocurrency wallet and Ganache blockchain to develop, deploy and test the decentralized application.