Voting evolved: Blockchain tech outshines paper ballots and e-voting
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....
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Bitcoin ATM-developer and blockchain-tech firm Blockchain Technologies Corp (BTC) has revealed that it is developing a tamper-resistant voting machine dubbed “VoteWatcher.” New York-based Blockchain Technologies Corp., a blockchain- and bitcoin-centric firm and startup accelerator has revealed that it is currently working on a blockchain voting machine that it deems will be “tamper-resistant”. The machine, dubbed “VoteWatcher”, is aimed at ensuring two core functionalities of a voting process. According to the firm, they are: To ensure that the voting machine correctly captures the voter’s....
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....
The Brazilian voting authority (TSE), has publicly declared it is studying blockchain as a technology that might help the organization in its task of organizing ballots. Celio Castro Wermerlinger, coordinator of modernization of the institution, stated that this decentralized ledger tech was included in a research program called “Elections of the Future.”
Brazilian TSE Is Researching Blockchain Tech
Blockchain tech is being included in several solutions designed for various applications, including ballot and voting technologies. The Brazilian voting authority....
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.
“Voting over the Internet presents more challenges, such as preventing double voting, technical hurdles to keep ballots secret, and the cost of voting devices." Japanese firm Layer X will be partnering with a digital identity application called xID to build a blockchain-based voting system in the Japanese city of Kaga.In a Thursday announcement from LayerX, the Tokyo-based company said it will be developing the electronic voting project in an effort to promote safe and secure elections for the city of 68,000 inhabitants. The firm stated that the cost and stability of current electronic....