How Blockchain Technology is Shaping Elections

November’s midterm elections talk is sweeping the nation.

Campaign ads are becoming more aggressive and dark. The anticipation of November 6, is causing a flood of emotions and the media is playing directly into the hype. With political stakes being at an all time high, the outcome of election day could drastically change the political fabric of this country. If the democratic party is able to rally together and formulate a house majority; the current Potus could potentially face impeachment.

With the election season in full bloom, it’s hard to block out the drama that manifested during previous elections when ballot counting commenced. Even more so,  it’s natural to wonder about the security of  the 2018 constituent’s ballots. Will they be safe from fraud and manipulation?

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Although much controversy surrounds voting and polling in the United States, in other parts of the globe, voting procedures are adopting blockchain technology. The Brazilian FinTech Association used blockchain technology for  its board election this year and the outcome was very successful. In fact, this is the first time blockchain has been adopted for voting. The association is composed of over 400 organizations. The shareholders votes were counted and stored on Ethereum Classic blockchain (ETC). This is extremely good news for ETC as a digital asset. If each organization decides to acquire the digital asset, ETC would more than likely increase in value.

Overall, the association saved money and time by adopting the blockchain voting model. They were able to avoid the traditional cost associated with board elections, i.e. getting physical ballots to members in different locations in the country. Most importantly, because of the immutable nature of ETC, ballots could not be modified or duplicated.

Blockchain voting is being piloted by United States Armed Forces this year as well. Service members who live in West Virginia and deployed on active duty will have the option to cast their ballots through a smartphone app powered by blockchain technology.

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West Virginia decided to adopt this voting model in an effort to pacify constituents complaints that were received by the West Virginia Office of Secretary of State.  The secretary of state honored the request for a more secure voting option for deployed service members. Locals were concerned about the “handling”  of absentee ballots, however blockchain voting allow ballots to be stored on a public distributed encrypted ledger. I hope more states in the union adopt blockchain technology for future voting.

COPYRIGHT©2018 by Ms. Techlennial Mom™

ALL RIGHTS RESERVED

Disclaimer: I do not own the rights to any photo or music feature on this post. 

**Disclaimer: I am not a financial adviser. Nor, do i provide financial advice. I offer my personal opinion on the subject matter. I am not a paid sponsor of any cryptocurrency entity.

 

 

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