AP News publishes US presidential election results on blockchain
Using blockchain-based technologies provides a secure and unhackable record of the state-by-state results as they come in. The Associated Press news agency has been publishing incoming results from the Nov. 3 United States presidential election onto the Ethereum and EOS blockchains.As noted on the developer webpage detailing how to access its AP Elections API, results are being immutably written to blockchain by Everipedia’s OraQle software.While the results are naturally also being published on the AP website, using the blockchain-based Everipedia provides an unhackable and permanent....
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While the United States prepares for the results of the 2020 Presidential Election, a number of data points and traders expect some significant cryptocurrency price fluctuations this week. Statistics from skew.com show bitcoin’s 30-day implied volatility has increased to 59% while 3-6 month stats jumped over 62%. The digital currency economy is hovering at around $388 billion, which is a giant jump from where it was during the last U.S. election in 2016. For instance, during the 2016 presidential race, the price of bitcoin (BTC) was around $709. Since then the crypto-asset BTC has....
For the first time ever, the results of a U.S. presidential election have been recorded on a blockchain. But is the data valid? Until recently, the use of blockchain in elections was perceived as nothing more than an experiment. However, during the recent United States presidential election, some tried to turn the public's perception of the possibilities of blockchain technology. For example, the Associated Press, one of the largest U.S. media outlets, published the election results on the Ethereum and EOS blockchains. Does this results call, however, suggest that the time to use....
More than 100 members of our community offered their U.S. Presidential Election hopes and predictions. How do they think Trump or Biden will affect Bitcoin? The post Bitcoiners Weigh In On The U.S. Presidential Election appeared first on Bitcoin Magazine.
Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin (BTC) is actually part of a sustained rally since the ‘Covid capitulation’ event back in March. “Since then we’ve seen nothing but bullish signals appear one after another,” McDonaugh said, in thoughts shared with news.Bitcoin.com “We’ve seen four....
The Associated Press’s (AP) 2020 election results will be recorded on Everipedia’s EOS-based blockchain network, a first for the nearly 200-year-old news agency.