DECENTRALIZED PLATFORM FOR FINANCING CHARITY PROJECTS

Abstract

The rapid development of new technologies, together with the emergence of new military conflicts and humanitarian crises, creates the need for quick response and the introduction of new methods of effective assistance to the affected population and the restoration of damaged territories. Decentralized charity became one of these methods of assistance. To implement the task, the latest technologies were used, which combine maximum transparency and complete security when forming and working with charitable payments. The main technologies that were used: blockchain and smart contracts on it, protocols of liquidity pools and profitable farming, as well as web development technologies for creating a web application. The research analyzed existing approaches, methods of software solutions for financing decentralized charity; developed and improved the mathematical model and architecture of the software application. A system of smart contracts was created using additional administrative modules, and on its basis, a decentralized charitable platform for assistance to Ukraine was implemented in the form of a web application. Such a decentralized system can be freely used and implemented nowadays to finance the most necessary charitable projects of our country with crypto-assets in various spheres: humanitarian, social or in matters of security and weapons.

Keywords

• Charity
• decentralization
• blockchain
• smart contract
• decentralized finance
• liquidity pool