Establishment and Operation of College Students Entrepreneurship Crowdfunding Website Based on the Crowdfunding Mode

Chen, Danhong; Yi, Tianyu

doi:10.1109/ihmsc.2016.256

Cited by 4 publications

(1 citation statement)

References 10 publications

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“…The suggested method's primary objective is to be economically sustainable and cost-effective. In [22], research on how college students' crowdfunding websites for business projects have changed over time was conducted. The goal of this work was to address the practical needs of crowdfunding in China.…”

Section: Literature Reviewmentioning

confidence: 99%

A Blockchain-Based Crowdsourcing Loan Platform for Funding Higher Education in Developing Countries

et al. 2023

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In developing countries, funding is a significant obstacle to receiving higher education. Brilliant but needy students cannot complete their studies since their parents are unemployed and their countries' economies are poor. As a result, the students' talents are not harnessed to their full potential. Blockchain technology is a growing platform for making and storing secure and trustworthy transactions on distributed ledgers. In this work, we employ blockchain technology coupled with crowdsourcing to provide a loan platform to offer financial assistance to students in tertiary institutions in developing countries. This platform will allow students to apply for loans through registered financial institutions from registered investors and pay them back with interest when they start working. We perform a thorough security analysis and back the efficiency of our work with numerical results.INDEX TERMS Blockchain, crowdsourcing, higher education, smart contracts, student loan.

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Section: Literature Reviewmentioning

confidence: 99%