Scalable Blockchain Solutions for NGOs: Enhancing Financial Transactions and Accountability

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for NGOs: Enhancing Financial Transactions and Accountability</title> <meta name="description" content="Scalable Blockchain Solutions for NGOs: Enhancing Financial Transactions and Accountability"> <meta name="keywords" content="non-governmental organizations, decentralized system, zero knowledge Ethereum virtual machine, decentralized application"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" 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</div> <div class="card publication-listing mt-3 mb-3"> <h5 class="card-header" style="font-size:.9rem">Scalable Blockchain Solutions for NGOs: Enhancing Financial Transactions and Accountability</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Aarnav%20Singh">Aarnav Singh</a>, <a href="https://publications.waset.org/abstracts/search?q=Jayesh%20Ghatate"> Jayesh Ghatate</a>, <a href="https://publications.waset.org/abstracts/search?q=Tarush%20Pandey"> Tarush Pandey</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Non-Governmental Organizations (NGOs) play a crucial role in addressing societal challenges, relying heavily on financial transactions to fund their impactful initiatives. However, traditional financial systems can be cumbersome and lack transparency, hindering the efficiency and trustworthiness of NGO operations. The Ethereum main-net, while pioneering the decentralized finance landscape, grapples with inherent scalability challenges, restricting its transaction throughput to a range of 15-45 transactions per second (TPS). This limitation poses substantial obstacles for NGOs engaging in swift and dynamic financial transactions critical to their operational efficiency. This research is a comprehensive exploration of the intricacies of these scalability challenges and delves into the design and implementation of a purpose-built blockchain system explicitly crafted to surmount these constraints. <iframe src="https://publications.waset.org/abstracts/179647.pdf" style="width:100%; height:400px;" frameborder="0"></iframe> <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=non-governmental%20organizations" title="non-governmental organizations">non-governmental organizations</a>, <a href="https://publications.waset.org/abstracts/search?q=decentralized%20system" title=" decentralized system"> decentralized system</a>, <a href="https://publications.waset.org/abstracts/search?q=zero%20knowledge%20Ethereum%20virtual%20machine" title=" zero knowledge Ethereum virtual machine"> zero knowledge Ethereum virtual machine</a>, <a href="https://publications.waset.org/abstracts/search?q=decentralized%20application" title=" decentralized application"> decentralized application</a> </p> <a href="https://publications.waset.org/abstracts/179647/scalable-blockchain-solutions-for-ngos-enhancing-financial-transactions-and-accountability" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/179647.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">59</span> </span> </div> </div> </div> </main> <footer> <div id="infolinks" class="pt-3 pb-2"> <div class="container"> <div style="background-color:#f5f5f5;" class="p-3"> <div class="row"> <div class="col-md-2"> <ul class="list-unstyled"> About <li><a href="https://waset.org/page/support">About Us</a></li> <li><a href="https://waset.org/page/support#legal-information">Legal</a></li> <li><a target="_blank" rel="nofollow" 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Scalable Blockchain Solutions for NGOs: Enhancing Financial Transactions and Accountability