Blockchain Democracy Party on Ballot in Australian Election
A party standing in next week’s Australian election wants to hand voting power directly to its members, exercising and trading political power with verifiable transactions on the Bitcoin blockchain. State of Flux: Vote Blockchain. The party, called Flux, is running 13 candidates for the Australian Senate (the parliament’s upper house) in the federal election to be held on July 2nd, 2016. Flux’s ultimate vision is idealistic and ambitious: it seeks to completely replace the representative systems that currently govern the world’s democracies. It wants to give people a direct say on issues....
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The Libertarian Party of Texas will today log the results of a wide range of ballot initiatives on three separate blockchains, the most recent in a line of projects integrating the technology into the voting process. Results of everything from ballot initiatives proposed on the spot to the selection of the state’s US presidential electors will be logged on the blockchains in what a party leader says is a step toward politicians being held accountable to voters in a new way. John Wilford, treasurer of the Libertarian Party of Texas, told CoinDesk: "The idea is that after the balloting....
A new Australian political party has proposed the introduction of a token-based political system based on the concept of decentralised blockchain technology. Called the Flux Party, the new entity has already attracted more than the 500 members it needs to potentially place senate candidates on ballots in all the country's states. However, the party's immediate goal is to try and elect six senators, according to Reuters. Notably, the Flux Party will be free of its own policies, instead opting for its senators to vote for or against legislation at the bidding of token holders. Party....
A new political party in Australia wants to replace the existing political system with a system that allows people to vote using bitcoin, according to Reuters. The Flux Party believes that voters can use bitcoin to grant votes on legislative proposals. It believes bitcoin will enable representative democracy in the information age. The party’s goal is to elect six senators who will not propose policies but will vote on legislation at the direction of their members, who will deliver votes on every bill online. “If they didn’t have to be senators, if they could just be software or robots....
The right kind of synergy between blockchain and biometrics will unleash the power of decentralized voting. Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process. In a democracy, the objective of voting is not just the creation of government but a collective effort that drives the interests of the society and the economy.The fundamental objective of voting across the world is to ensure that it happens in a fair and transparent way. The traditional ballot system has existed for years, but it’s safe to say....
The Flux Party of Australia suggests using a Bitcoin-based approach to save democracy from itself. The virtual tokens will be issued to distribute the will of their voters to their elected officials. Bitcoin Debut in Politics. The politics of Australia has been in turmoil for some time now. The country has seen five Prime Ministers in and out of the chair in the last 5 years. The Upper House has been deadlocked by a few senators that were elected with less than 1% of the vote, owing to the eccentric electoral system of Australia. For the Aussies, there couldn’t be a better time for a fresh....