Basic Information
Project Title: HealthStarter: Decentralized Crowdfunding Platform
Supervisor: Dr. Liu, Qi
Student Name: Yan Xiaohan
Program: BASc(Fintech)
Project Introduction
Welcome to a revolutionary initiative that’s changing the way we fund healthcare charities and startups. Imagine a world where funding is transparent, secure, and accessible to anyone and anywhere. That’s exactly what our decentralized crowdfunding platform aims to achieve.
What Is Decentralized Crowdfunding?
Crowdfunding is like a digital community fundraiser. It’s where people come together to support important causes or innovative ideas. Traditionally, crowdfunding happens on websites that act as middlemen. They charge fees, and sometimes things can get a little shady. There has been a lot of negative press against crowdfunding platforms. Investigations have revealed that some platforms take away the majority of the fundraising amount with limited space for regulation. There is no guarantee that the fundraisers will be benefited.
But we’re changing the game. We’re going decentralized, which means no middlemen. Instead, we’re using cutting-edge blockchain technology to make crowdfunding better.
Blockchain: The Power Behind Our Platform
Blockchain is like a super-secure digital ledger that records all transactions. Think of it as a global spreadsheet that everyone can see but no one can change. This technology ensures transparency. You can see exactly where your money goes, and no one can tamper with it. Also you don’t have to worry about your personal information being leaked because BASED ON BLOCKCHAIN, the user’s login will be based only on the meta mask wallet address.
Why Healthcare Charities and Startups?
Our platform is called HealthStarter. Healthcare charities save lives, and startups drive innovation. They both need funding to do what they do best. Traditional crowdfunding platforms can charge high fees, leaving less money for the actual causes. Our platform aims to change the situation. We hope to provide a channel where you can help people in need and support the startups set sail smoothly.
What Makes Our Platform Special?
Transparency: With blockchain, you’ll see exactly how your donation is used. No hidden fees or shady business.
Security: Your data and funds are locked down tight with the latest tech. You’re safe here.
No Censorship: We won’t stop you from supporting a cause you believe in. No matter where you’re from or what you care about, your voice matters.
Global Access: We speak your language, figuratively and literally. Our platform is for everyone, everywhere.