Crowdfunding Using Blockchain Technology

Crowdfunding is a new financial system along with its own particularities which is hailed as innovative yet disruptive platform. It has seen tremendous growth over the years. It is a low-cost way of accessing capital, which increases the potential audience for ideas and ventures, also reduces the risk of investment, and provides better tailored financing methods for a wide variety of projects.It represents an alternative way of funding compared to traditional borrowing. As a principle, crowdfunding is open to everyone like private persons as well as economic actors. As an increasingly popular avenue for investment and funding, both the investors and companies are faced with new opportunities and risks.The aim of the project is to supply good amount of knowledge and to provide a deeper understanding of Crowdfunding among young potential entrepreneurs as an alternative funding mechanism, so by discussing its main characteristics and the perceived benefits of it and the barriers that might drive young entrepreneurs to post a project on a Crowdfunding platform