Chain funds: Transforming healthcare crowdfunding through blockchain technologies
- Title
- Chain funds: Transforming healthcare crowdfunding through blockchain technologies
- Creator
- Tandon, Kriti; Srivastava, Shilpa; Kushwaha, Priyanshu; Tripathi, Aprna
- Description
- Crowdfunding in healthcare refers to the practice of raising funds from a large number of individuals through online platform. This will eventually support the various medical expenses involving hospitalization and treatment. This method enables individuals with health problems or an urgent need for medical treatment to go out and seek financial assistance from a large number of people. Crowdfunding on health is now widely recognized as the means of catering for medical bills, surgeries, experimental treatments and other health-related expenses. The research presents a decentralized blockchain based crowdfunding platform built using ReactJS, Solidity and Thirdweb SDK. This new platform aims to change traditional crowdfunding techniques through utilization of the benefits of blockchain such as transparency, security and automation provided by smart contracts. The user interface has been designed using ReactJS; creating smart contracts on the Ethereum Blockchain was done under Solidity; Thirdweb SDK was used to create a link between the system and the blockchain. Some significant features of this platform involve start-up campaigns organization, contribution management, milestone tracking and automatic distribution of funds in order to enhance customer satisfaction and minimize operational costs. Moreover, users are awarded with certificates and crypto tokens. In addition, this policy ensures high level security that comes with immutability in blockchain technology by eliminating middlemen hence live monitoring of fund is possible through it at all times and disbursements. Rigorous testing has been conducted to assess performance, security, and scalability, highlighting the advantages of decentralization in contrast to centralized crowdfunding models. 2025 Author(s).
- Source
- AIP Conference Proceedings;Volume;3297;Issue;1;Article No.;292089;
- Date
- 01-01-2025
- Publisher
- American Institute of Physics
- Coverage
- Tandon K., Christ (Deemed to Be) University, Bengaluru, India; Srivastava S., Manipal University, Jaipur, India; Kushwaha P., Christ (Deemed to Be) University, Bengaluru, India; Tripathi A., Christ (Deemed to Be) University, Bengaluru, India
- Rights
- Restricted Access; Hardcopy may be available in the library
- Relation
- ISSN: 0094243X;
- Format
- online
- Language
- English
- Type
- Conference paper
Collection
Citation
Tandon, Kriti; Srivastava, Shilpa; Kushwaha, Priyanshu; Tripathi, Aprna, “Chain funds: Transforming healthcare crowdfunding through blockchain technologies,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 19, 2026, https://archives.christuniversity.in/items/show/25720.