A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation

Wenjie Teng; Hanchuan Xu; Zhe Huang; Yu Bai; Zhongjie Wang

doi:10.1109/ICSS55994.2022.00048

A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation

Wenjie Teng
, Hanchuan Xu
, Zhe Huang
, Yu Bai
, Zhongjie Wang

Faculty of Computing, Harbin Institute of Technology
Tip Land Co. Ltd.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

3 Scopus citations

Abstract

Crowd funding and crowd innovation can boost creativity of creators at a low cost. However, how to protect rights and benefits of relative stakeholders during the process in a credible way remains a problem. By introducing fungible tokens, non-fungible tokens and on-chain governance based on blockchain, we propose a set of smart contracts supporting crowd funding and crowd innovation to better reward participants and govern the process in a trusted way. Furthermore, based on these smart contracts, we abstract and encapsulate a series of common operations and implement a service platform for trustworthy crowd funding and crowd innovation.

Original language	English
Title of host publication	Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	263-270
Number of pages	8
ISBN (Electronic)	9781665498616
DOIs	https://doi.org/10.1109/ICSS55994.2022.00048
State	Published - 2022
Externally published	Yes
Event	2022 CCF International Conference on Service Science, CCF ICSS 2022 - Virtual, Zhuhai, China Duration: 13 May 2022 → 15 May 2022

Publication series

Name	Proceedings of International Conference on Service Science, ICSS
Volume	2022-May
ISSN (Print)	2165-3836
ISSN (Electronic)	2165-3828

Conference

Conference	2022 CCF International Conference on Service Science, CCF ICSS 2022
Country/Territory	China
City	Virtual, Zhuhai
Period	13/05/22 → 15/05/22

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 9 Industry, Innovation, and Infrastructure

Keywords

Blockchain
Crowd funding
Crowd innovation
On-chain governance
Smart contract

Access to Document

10.1109/ICSS55994.2022.00048

Cite this

Teng, W., Xu, H., Huang, Z., Bai, Y., & Wang, Z. (2022). A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation. In Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022 (pp. 263-270). (Proceedings of International Conference on Service Science, ICSS; Vol. 2022-May). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ICSS55994.2022.00048

@inproceedings{407eede3b7f84c05b0d63d6b4ff22cee,

title = "A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation",

abstract = "Crowd funding and crowd innovation can boost creativity of creators at a low cost. However, how to protect rights and benefits of relative stakeholders during the process in a credible way remains a problem. By introducing fungible tokens, non-fungible tokens and on-chain governance based on blockchain, we propose a set of smart contracts supporting crowd funding and crowd innovation to better reward participants and govern the process in a trusted way. Furthermore, based on these smart contracts, we abstract and encapsulate a series of common operations and implement a service platform for trustworthy crowd funding and crowd innovation.",

keywords = "Blockchain, Crowd funding, Crowd innovation, On-chain governance, Smart contract",

author = "Wenjie Teng and Hanchuan Xu and Zhe Huang and Yu Bai and Zhongjie Wang",

note = "Publisher Copyright: {\textcopyright} 2022 IEEE.; 2022 CCF International Conference on Service Science, CCF ICSS 2022 ; Conference date: 13-05-2022 Through 15-05-2022",

year = "2022",

doi = "10.1109/ICSS55994.2022.00048",

language = "英语",

series = "Proceedings of International Conference on Service Science, ICSS",

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booktitle = "Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022",

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Teng, W, Xu, H, Huang, Z, Bai, Y & Wang, Z 2022, A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation. in Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022. Proceedings of International Conference on Service Science, ICSS, vol. 2022-May, Institute of Electrical and Electronics Engineers Inc., pp. 263-270, 2022 CCF International Conference on Service Science, CCF ICSS 2022, Virtual, Zhuhai, China, 13/05/22. https://doi.org/10.1109/ICSS55994.2022.00048

A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation. / Teng, Wenjie; Xu, Hanchuan; Huang, Zhe et al.
Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022. Institute of Electrical and Electronics Engineers Inc., 2022. p. 263-270 (Proceedings of International Conference on Service Science, ICSS; Vol. 2022-May).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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PY - 2022

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AB - Crowd funding and crowd innovation can boost creativity of creators at a low cost. However, how to protect rights and benefits of relative stakeholders during the process in a credible way remains a problem. By introducing fungible tokens, non-fungible tokens and on-chain governance based on blockchain, we propose a set of smart contracts supporting crowd funding and crowd innovation to better reward participants and govern the process in a trusted way. Furthermore, based on these smart contracts, we abstract and encapsulate a series of common operations and implement a service platform for trustworthy crowd funding and crowd innovation.

KW - Blockchain

KW - Crowd funding

KW - Crowd innovation

KW - On-chain governance

KW - Smart contract

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M3 - 会议稿件

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SP - 263

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Teng W, Xu H, Huang Z, Bai Y, Wang Z. A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation. In Proceedings - 2022 CCF International Conference on Service Science, CCF ICSS 2022. Institute of Electrical and Electronics Engineers Inc. 2022. p. 263-270. (Proceedings of International Conference on Service Science, ICSS). doi: 10.1109/ICSS55994.2022.00048

A Smart Contract-based Service Platform for Trustworthy Crowd Funding and Crowd Innovation

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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