In college associations and group activities, managing funds and maintaining transparency in transactions pose significant challenges. Traditional payment methods often lead to issues such as receipt loss, opaque financial records, and difficulties in tracking expenses. Moreover, relying solely on fiat currencies can limit the efficiency and accessibility of financial operations within these groups. To address these pain points, there's a pressing need for a streamlined payment solution that leverages cryptocurrency and offers NFT-based receipts for enhanced transparency and accountability.
Our project aims to revolutionize the way college associations and groups handle payments and financial transactions. By integrating cryptocurrency technology and issuing NFT-based receipts, we seek to eliminate receipt losses, promote transparency, and empower members with a modern and efficient financial management system.
We propose a platform that facilitates association and college group payments using cryptocurrency, specifically tailored to the needs of student organizations. Members will be able to make payments for various purposes, such as event organization, equipment purchase, or fundraising, using supported cryptocurrencies. Each transaction will generate a unique NFT receipt stored on the blockchain, ensuring immutable and transparent records of financial activities.
-
User Registration: Associations and college groups register on the platform, providing necessary information and verifying their identity.
-
Wallet Integration: Members integrate their cryptocurrency wallets with the platform, enabling seamless payments and transactions.
-
Payment Processing: Users initiate payments for specific purposes, such as event planning or group activities, using supported cryptocurrencies.
-
NFT Receipt Generation: Upon successful payment, the platform generates a unique NFT receipt containing transaction details, participant information, and timestamps. These receipts are stored securely on the blockchain, ensuring transparency and accountability.
-
Transaction Tracking: Users can track their transaction history, view NFT receipts, and monitor financial activities in real-time through the platform's dashboard.
-
Audit Trail: Administrators and stakeholders can access a comprehensive audit trail, providing insights into fund utilization, expense tracking, and budget management.
- BitfinityEVM - Blockchain Platform
- Solidity - Smart Contract Development
- Web3.js - Ethereum JavaScript API
- React - Web Framework
- Node.js - Server Environment
- @Anthonyslav1 - Blockchain Developer
- @xImpulse - UI/UX Developer
- @Vinomilz - Backend Developer
- @Ony3dika - Frontend Developer
See also the list of contributors who participated in this project.
This project aims to modernize financial management within college associations and groups, fostering transparency, accountability, and efficiency through cryptocurrency integration and NFT-based receipts.