A Decentralized Network to support funding with Ethereum Smart Contract Sayan Mondal and Rajat Kumar Behera Kalinga Institute of Industrial Technology, Deemed to be Uuniversity. Odisha, India sayanmondal342@gmail.com, rajat_behera@yahoo.com Abstract. The study proposes a DeFi System to provide organization-level ac- countability for real-time crypto-asset transactions, democratizing crowdfunding and financial support by enabling contributors to donate. Recent work in this area has seen a lot of development in crypto assets being stored in wallets, however, currently there are no real-world implementations of smart contracts in Finance. Cryptocurrencies like Bitcoin were invented to make international purchases eas- ier and more secure. In past years, buyers had to use third parties to make pur- chases because financial institutions did not allow online international purchases. This made business with international buyers and business owners very difficult. We capitalize on the latest advancements of Blockchain and Ethereum leveraging the power of approval-based transactions with smart contracts to provide trans- parency between the donor and recipient. With the proposed rule based contract management system, 50% of contributors are able to approve the transaction re- quest to process the same to the targeted Fundraiser. Keywords. Smart Contract, Blockchain, Contract, Crowdfunding, Solidity, De- centralized 1 Introduction Just like a standard paper contract automatically verifies fulfillment, enforces and per- forms the terms of a contract, a smart contract [1] is a digital version of the same. De- rivatives are used by financial markets to transfer risks from one entity to another. With smart contracts, derivatives which is an agreement with certain terms, could be easily written. The derivative practice tends to be standardized and adoption of distributed ledger [6] and smart contracts can be seen by the industry. With the invention of Ethereum Smart Contracts the scope of transaction management became verbose with a rule-based contract system. The movement of control and decision-making from a centralized body to a dis- persed network is referred to as decentralization in blockchain. Decentralized networks provide various advantages that alleviate some of the problems that centralized systems