How tamperproof blockchain technology is positioning crowdfunding to upstage traditional lenders in money market
Until 2016 when crowdfunding was deemed an online-based networking for social initiatives such building schools, churches, resource centres or roads, this method of fund-raising lacked legal basis to commute it to a source of investment capital for startups. Today, crowdfunding has kick-started a shift from traditional lenders and donors and pooling resources for economic investment for marginalised societies, non-governmental organisations and institutions devoid of political, cultural, religious or social rigidities that occasion a high a failure rate for even worthy causes.
