Blockchain technology has been deployed for Ukrainian elections in a test according to a by Alexander Stelmakh, an official Ukraine’s Central Election Commission.
A test began several weeks ago and voting is currently underway held using test coins provided by the NEM Foundation.
Blockchain makes it impossible to change saved information, the post noted. The decentralization of the data is also seen as advantageous. NEM’s blockchain allows a user to create their own assets. In addition, the blockchain’s log structure includes a message box that allows the user to attach a message.
All information protocols are displayed in the format section on the blockchain. Assisted transactions can also be viewed on the blockchain. In addition, NEM’s API allows users to access data in an easy-to-use format.
Worth The Cost
The estimated cost of placing the results on the blockchain will be small in exchange for the lifetime preservation of such socially important data, Stelmakh noted.
The NEM website notes that the foundation is committed to working with governments to expand the use of the NEM blockchain, and that the ability to record transactions on distributed ledgers offers governments the chance to improve transparency, prevent fraud and build trust.
Also read:
Blockchain Voting Gains Traction
In 2016, an open democracy blockchain called E-Vox committed to deploying blockchain-based voting in Ukraine to support a blockchain-based voting system. THe memorandum was signed by volunteers and organizations to give the world e-voting for fair and transparent decision making, according to the E-Vox website.
The Swiss city, Zug, based voting using the city’s eID system to vote with their smartphones. Residents were able to download an app to register to vote.
Featured image from Shutterstock.
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Published at Thu, 09 Aug 2018 13:28:13 +0000
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