Overstock Touts Voatz Blockchain Voting App as Solution to US Election Fracas

E-tail giant Overstock has invested in a Belgium-based blockchain startup. The seed investment in SettleMint, the amount of which was not disclosed, was made by Medici Ventures, a venture arm of Overstock that is focused on its blockchain-based trading platform initiative. In April, Overstock invested $4m in Caribbean digital currency exchange Bitt, and the firm has stakes in other companies like PeerNova and Identity Mind as part of its crypto-exchange project. According to the e-tailer, the investment in SettleMint is aimed, in part, at shoring up the voting capabilities for its tø....

Experts explain why blockchain-based systems are still more efficient then paper ballots or online voting systems The 2020 United States presidential election was met with an increase in mail-in ballots due to COVID-19 concerns. Yet while many Americans stayed away from polling stations this year, postal delays, rejected ballots, and other challenges emerged.Unsurprisingly, better ways for casting votes during major elections quickly became a hot topic of discussion. This has also led some in the crypto community advocating with renewed vigor for a blockchain-based voting system to be used....

Encryption inventor and head of MIT’s Digital Currency Initiative are among authors of a new paper that points out why blockchain and voting are a bad pairing.

With lingering concerns over ways in which the 2016 election could have been underhandedly swayed in the favor of President-elect Donald J. Trump after Barack Obama requested a report on the matter, a team of blockchain-minded New York University devs have developed a potential answer after winning first prize in a development challenge. Cybersecurity has been a major issue in elections ever since electronic voting machines were deployed in the early 1990s. Voting had never been less expensive and easier for the electorate. The rise of cybersecurity, on the other hand, has become a major....

15 March 2016 – There’s been a lot of contentious events surrounding privacy, encryption, and data security in the past few weeks covered in the media. With the US Presidential Primaries in full swing, and the presidential election looming closer on the horizon, few seem to be concerned with securing that most basic of civil liberties enjoyed in democratic nations: the right to vote. In the US, electronic voting machines, specifically the type manufactured by Election Systems & Software, are employed in the majority of US voting districts, and the security risks of their widespread....