CHARITY TRACKING SYSTEM USING BLOCKCHAIN TECHNOLOGY

Abstract

The rapid evolution of blockchain technology has paved the way for innovative solutions in various domains, and the charitable sector is no exception. This paper introduces a novel Charity Tracking System (CTS) that leverages blockchain technology to enhance transparency, accountability, and security in the process of charitable donations. Traditional donation systems often face challenges such as lack of transparency, inefficiency, and concerns about fund mismanagement. The proposed system addresses these issues by employing the decentralized and tamper-resistant nature of blockchain. The Charity Tracking System utilizes a permissioned blockchain network to record and verify all transactions related to charitable contributions. Smart contracts are employed to automate and execute predefined rules, ensuring that funds are allocated to intended beneficiaries efficiently and transparently. Donors can track the entire lifecycle of their contributions, from the point of donation to the ultimate utilization by the charity.Smart contracts, self-executing code on the blockchain , can automate predetermined spending rules and ensure funds reach intended recipients.It reduce administrative cost and minimize the risk of fraud