Published Paper Details:

The competition among investors to secure the best talent in the rapidly expanding field of information technology has led to the need for a secure and cost-effective means of linking funders with developers. With a wide range of technological directions available, it is important to establish an efficient and trustworthy crowdfunding platform. Blockchain technology offers a decentralized network of users, where transactions are recorded in a distributed ledger, providing transparency and cost-effectiveness for various applications. In light of this, we propose a global crowdfunding platform, utilizing the features of blockchain technology to connect funders and developers as different nodes of the network. A smart contract is deployed between them to arrive at an optimal solution for the funders, with the process repeated between developers until reaching an equilibrium. Our experimental results indicate that this model outperforms generic crowdfunding algorithms.