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Blockchain technology may have an enormous impact on society in the coming years. Platforms like bitcoin blueprint have fantastic features like a user-friendly interface, suitability for all traders, and unique tools for bitcoin traders. Voting is one of many possible use cases for blockchain technology that has already led some governments worldwide and many electoral processes and institutions toward investigating or piloting solutions incorporating blockchain technology.
Many states in the US have already begun using blockchain technology to certify election results, as seen above. Voting via a blockchain means that the result cannot be tampered with after the polls close and that it’s impossible to cheat by modifying records of voter eligibility.
Voting via blockchain:
Voting via a blockchain can transform election administration in many countries. It would allow voters to be added or removed from voter databases without compromising their identities. It would also prevent voters who move or die from being removed from the voting rolls.
More accurate voter rolls would lead to more efficient polling places and provide more accurate data for poll workers. The ledger would also help local governments more quickly verify voter identities, preventing election fraud.
Organizations can also use blockchain technology for many other voting processes besides elections. For example, companies can use blockchain to log tourist votes at world heritage sites. The government can also use it in elections held by non-human entities such as corporations or non-profit organizations.
It could track how employees vote within an organization or how members of a single-family vote together on an issue or proposed law within a political organization. Both small and large businesses have used Blockchain technology in the past couple of years to improve their data security and record management processes.
Bringing Elections into the 21st Century:
Blockchain technology could also transform voting for the disabled, who have traditionally struggled to participate in elections. Today, disabled voters must rely on family members or friends to help them vote. Meanwhile, in some countries like the US, several million eligible voters cannot access this kind of assistance.
A blockchain-based system could allow these people to cast their ballots without assistance or having their votes stolen. It is essential in developing countries where absenteeism is expected and where being able to keep track of absentee votes has been a longstanding challenge. In addition to increasing voter turnout among the disabled, blockchain voting would make it easier for people away from their home country during an election.
A True Democracy
The government has experimented with small voting communities, where citizens vote on issues and local initiatives. It can also be helpful for the government because it allows for a more direct relationship between the government and the governed. Moreover, direct democracy would make more votes count.
Today many votes are spoiled or otherwise rendered invalid due to election regulations and high voter turnout. Blockchain technology could help keep track of voter identity, making it possible to count every vote correctly.
As blockchain spreads into every aspect of life, we will likely see it become essential in future voting processes and other democratic functions. For example, in future decades, we could see it revolutionizing fundraising or legislative voting by keeping track of everyone’s votes transparently on a blockchain.
No Voter Fraud:
In modern voting systems, there is a risk of fraud, especially in places where the elections are centralized. It’s easy to fudge the numbers and tamper with the votes because they’re all stored on one computer system that can be hacked either by an outside agent or a corrupted insider.
Being decentralized and immutable will make hacking impossible since several geographically distributed nodes validate each transaction. Resultantly, no fraudulent voter ballots will be possible. Also, blockchain technology would enable officials to check voting results immediately, compared to the months or years it takes today to verify voting results and confirm winners in US presidential races or state elections.
Blockchain as an anticorruption tool:
The government can also use the immutability and transparency of blockchain to fight fraud and corruption by providing an accurate, reliable audit trail that tracks government spending and identifies corrupt officials. As a result, it helps fight financial crimes like money laundering and identity theft. In addition, citizens can use a blockchain ledger to track how their government spends money, and those in power are more accountable because the public can see how the money flows through the government.
Several countries worldwide have already begun incorporating blockchain technology into their governments, bringing democracy into the 21st Century. In addition, blockchain-based voting has already led some governments around the world as well as many electoral processes and institutions toward investigating or piloting solutions incorporating blockchain technology:
