Virtual portfolio manager

Abstract

At present, the Crowdfunding source of raising funds typically for startups or projects has gained popularity with most startups resorting to the use of Crowdfunding platforms to raise funds in exchange for equity because it is relatively inexpensive and uncomplicated in nature. In the existing model, a Pool of people contribute small amounts of money towards a project or cause and expect some financial returns. The call for a solution to issues related to security, investor abuse and, illegal transactions that could plague crowdfunding has led us to investigate the implications of blockchain in Crowdfunding. Blockchain technology is a decentralized ledger, a more efficient, safe and tamper-proof system of nodes in connection. Introduction of blockchain in crowdfunding will make it more reliable, transparent, trusted, decentralized, cost-efficient and convenient. A crowdfunding platform which was acting as an intermediary before will only provide the technology and its own crypto-currency which will act as a medium of transaction and exchange. I highly anticipate that this project will drive the attention of researchers to delve into the applications of blockchain technology in Crowdfunding practicality.