Election dilemma: Putting data on blockchain doesn’t mean it’s correct
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....
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Even though blockchain is seen to have a number of useful features for banks to utilize they are finding that putting these features into practice may prove difficult. The banking world may not trust the idea behind bitcoin, but they have realized that bitcoin’s underlying technology, the blockchain, has many valuable features that they could use, according to a Financial Times report. The technology can’t be hacked, is transparent, and allows anyone to view and verify trades on its system. However, while blockchain’s features were seen as the way forward at the beginning, it seems that....
Bitcoin has been flashing some subtle signs of strength heading into election day, as bulls were able to push it from $13,400 to $13,700 earlier today before it began facing some resistance Its price action as of late has marked consolidation, and it doesn’t appear that analysts will have a clear idea of where it is heading next until after the election Some believe that the results of the presidential race will have far-reaching impacts […]
Binance’s CEO and Ethereum co-founder Vitalik Buterin believe blockchain-based voting apps would significantly improve current voting systems. Binance’s chief executive CZ and Ethereum’s co-founder Vitalik Buterin are in furious agreement that a new blockchain-based voting system is required to improve democratic processes in the United States. But one won't be as easy to implement as many think.Responding to prolonged uncertainty over the result of the controversial 2020 U.S. presidential election, CZ tweeted thnow is the right time for developers to build “a blockchain based mobile....
The US election is fast approaching, with voters set to cast the final votes in the next 48 hours. This election season has seen a unique focus on the crypto industry, as the two major candidates, Kamala Harris and Donald Trump, have addressed the future of digital assets as a key campaign point. Related Reading: […]
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....