A Study on Transparent and Secure Fundraising through Hedera Hashgraph-based Crowdfunding

DOI

10.2991/978-94-6239-616-6_99How to use a DOI?

Keywords

Hedera Hashgraph; Crowdfunding; Distributed Ledger Technology (DLT); Smart Contracts; Cybersecurity; Transparency; Donor Control; GDPR Compliance; Consensus Service; File Service

Abstract

Crowdfunding has emerged as a vital instrument in modern finance, enabling startups, individuals, and nonprofits to raise funds for emergencies, projects, and causes, but existing centralized platforms such as GoFundMe, Kickstarter, and Indiegogo suffer from drawbacks including high transaction fees, limited donor control, lack of transparency, and risks of fraud and mismanagement. While decentralized crowdfunding solutions using blockchain and other distributed ledger technologies (DLTs) have been proposed to address these issues, blockchain-based systems such as Ethereum introduce new challenges, including high gas costs, scalability bottlenecks, and rigid legal compliance. To overcome these limitations, this project introduces HFund, a secure and transparent crowdfunding platform built on Hedera Hashgraph, an advanced DLT offering low-cost transactions, high throughput, and regulatory-friendly data handling. Unlike traditional blockchains, Hedera’s asynchronous Byzantine Fault Tolerant (aBFT) consensus ensures fairness, strong security, and carbon-negative operations. HFund incorporates a donor-driven voting mechanism that ensures funds are released only with majority donor approval, thereby enhancing accountability and ethical fund utilization. By integrating these innovations, HFund demonstrates how distributed technologies can be leveraged not only for financial transparency but also for cybersecurity, compliance, and global scalability, positioning Hedera Hashgraph as a sustainable and user-friendly alternative for decentralized crowdfunding.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - R. Saravanan
AU  - V. Yogeshwaran
AU  - Pranav Jayachandran
AU  - C. Satthishvaran
PY  - 2026
DA  - 2026/03/31
TI  - A Study on Transparent and Secure Fundraising through Hedera Hashgraph-based Crowdfunding
BT  - Proceedings of the International Conference on Artificial Intelligence and Secure Data Analytics (ICAISDA 2025)
PB  - Atlantis Press
SP  - 1344
EP  - 1359
SN  - 1951-6851
UR  - https://doi.org/10.2991/978-94-6239-616-6_99
DO  - 10.2991/978-94-6239-616-6_99
ID  - Saravanan2026
ER  -