The use of blockchain in crowdfunding

МРНТИ 06.29                                                                                 №1 (2019г.)

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Nauryzbayev O.A., Zhusupova A.

Nowadays, financing sector offers various functions and provides many opportunities for people from the banking environment as well as for ordinary people. However, nowadays, traditional banking system has many boundaries that inhibit the expansion and development of activities and slow the current existing processes. Should the banking environment be completely reconsidered? Alternatively, is there different optimal solution? This article describes current problems in the sphere of banking services, the definition of crowdfunding and advantages that can be obtained with the use of blockchain technology.
Keywords: Crowdfunding, Blockchain, banking system, fund-raising, platforms, private & public blockchain.

 

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