Block Chain Technology-Based Crypto-Go-Charity for Scholarship Donation Tracking Platform

Abstract

In the philanthropy sector, new technology is required to address issues like lack of transparency, trust, and accountability, as well as extended processing times and expenses. So, the present research examines the application of blockchain (BC) technology to enhance the donation tracking Platform, which delivers data immutability, and transaction transparency, as well as peer-to-peer transactions, as well as it is all the rage in today's technological period. BC enables the tracking of every donation, by permitting the donors to track the usage of their funds. The three primary roles of the present research are nongovernmental organization, Donors, as well as scholar beneficiaries. Corporate social responsibility (CSR) funds of industries are considered as donations, which causes educational scholarship for the initial prototype building. Subsequently, this prototype is scalable to every feasible field of educational scholarship as well as other methods of philanthropy. Thus, a Crypto-Go-Charity is proposed to solve the problems of the supply chain by utilizing the Ethereum BC and delivering a more secure and immutable ecosystem for scholarships. Solidity language is utilized here to write smart contracts and InterPlanetary File System for document storage. The performance is demonstrated by calculating the evaluation metrics as the privacy ratio and computational time for 200 users with the number of verifications at 300, as well as a key size of 50 kb, is 97.52% and 89.28 s, respectively. Likewise, the detection rate and memory usage of the system acquired the value of 98% and 81.46 MB for 200 users with the number of verifications at 300 as well as a key size of 50 kb.

Keywords

scholarship donation tracking platform Ethereum blockchain smart contract Crypto-Go-Charity corporate social responsibility

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