Could blockchain end bitter vote-rigging disputes once and for all?
There are fears that voting on the blockchain might not be practical. Instead, the real value of this technology may be linked to counting ballots afterwards. From the United States to Uganda, allegations of vote rigging have become part and parcel of elections worldwide.Some of these claims are legitimate, with strongmen leaders suppressing the will of the people in a desperate attempt to cling on to power. But in other cases, such accusations are made with little evidence. Fake videos swirl online that paint a picture of manipulation on an industrial scale — depicting a world where....
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Blockchain startup Expanse affirms claim to develop a system that will deliver honest, transparent and credible elections as it seeks government partnership to enhance its programme. Electoral fraud, election manipulation, or vote rigging is an illegal interference with the process of an election. Acts of fraud affect vote counts to bring about an election result, whether by increasing the vote share of the favoured candidate, depressing the vote share of the rival candidates, or both. The endemic problem. Across the globe, the list of electoral processes that have been stained with....
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The past 18 months have been rather troubling for banks all over the world. Various investigations have resulted in US$3.1bn in fines. The financial ecosystem is facing another setback, as the HSBC global head of FX trading has been arrested at JFK airport earlier this week. This arrest came as quite a surprise to a lot of people, albeit Mark Johnson is suspected of currency benchmark rigging. None of these claims have been verified at the time of publication, but law enforcement officials have a case against him by the look of things. HSBC Official Is In Hot Water. While it is not....
As unprecedented charges of rigging have loomed over the U.S. presidential election, much attention has focused on the capability of blockchain technology to make voting more transparent. Joseph Lubin, the founder of ConsenSys and the co-founder of Ethereum, observed in an article in Futurism that decentralizing technologies have important implications for not only improving elections, but in empowering individuals overall. In addition to charges of rigging, this year’s U.S. election featured the emergence of foreign and non-state actors wielding the power to influence the election’s....
A new Australian political party called Flux is aiming to ‘upgrade democracy’ and change the way Australians vote by using the Flux app built entirely on the blockchain platform. What is the Flux? This is a tool that enables Australians to participate directly with parliament, making the need for trust in elected officials to become a thing of the past. On July 2, the Flux Party are putting up 13 candidates for election to Australia’s Senate in federal elections. By using a cellphone app, Australians who can prove they are registered voters will be able to inform elected represented....