Trustful Charity Foundation platform based on Hyperledger Fabric

Artem Barger, Olga Ilina, Alexander Zemtsov, Ksenia Tagirova

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Charity plays a significant role in our society and is considered by many people as the most common way to repay our social debt. Therefore a significant amount of donated funds circulate around the world. In recent years, there has been an increase in the number of non-profit organizations and charitable foundations collecting funds for various charity needs. Unfortunately, the reputation of charity organizations is often undermined by the actions of unscrupulous organizations. Significant reputational damage caused by cases of fraud and corruption reduces the level of trust and decreases the amount of collected funds. We strongly believe that blockchain technology can help charity organizations to build trust, increase efficiency and transparency. We are presenting a blockchain-based charity foundation platform implemented on the top of Hyperledger Fabric. This paper examines the significance of blockchain technology for modern philanthropy. We believe that a blockchain-based platform can mobilize new actors to participate in charity activities by increasing transparency and building trust.

Original languageEnglish
Title of host publication2022 IEEE International Conference on Omni-Layer Intelligent Systems, COINS 2022
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781665483568
DOIs
StatePublished - 2022
Externally publishedYes
Event2022 IEEE International Conference on Omni-Layer Intelligent Systems, COINS 2022 - Barcelona, Spain
Duration: 1 Aug 20223 Aug 2022

Publication series

Name2022 IEEE International Conference on Omni-Layer Intelligent Systems, COINS 2022

Conference

Conference2022 IEEE International Conference on Omni-Layer Intelligent Systems, COINS 2022
Country/TerritorySpain
CityBarcelona
Period1/08/223/08/22

Bibliographical note

Publisher Copyright:
© 2022 IEEE.

Keywords

  • Blockchain
  • Charity
  • Distributed Ledger
  • DLT
  • Hyperledger Fabric
  • Network

ASJC Scopus subject areas

  • Artificial Intelligence
  • Computer Science Applications
  • Computer Vision and Pattern Recognition
  • Information Systems
  • Information Systems and Management
  • Control and Optimization

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