Blockchain and reliability of electronic voting systems

Blockchain can significantly improve social areas of life. And although most people talk about how blockchainuseful for financial services and banking systems, technology can have the greatest impact on the voting process.

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Recently during the electionthere is a lot of fraud, fake news and information about juggling the results. And no wonder. Fake news causes real damage to candidates. Existing voting mechanisms turned out to be vulnerable to external factors. The need for change is obvious.

This is where the blockchain comes into play: this technology can improve the voting system several times. Some countries and states are already experimenting with blockchain.

Here's how it goes.

Blockchain and transparency of voting

The main advantage of the blockchain in the voting system is a high level of transparency.

Blockchain undoubtedly fights against intruders andexcludes the possibility to vote several times, since it stores unchangeable records of all votes and all identification data. It is impossible to remove votes, again thanks to the immutability of the blockchain. Those responsible for the counting of votes will receive final information, which can be checked at any time by regulatory bodies and auditors.

All information in the blockchain is unchangeable and easy.subject to verification. Another important point - the voting results can be encrypted to maintain the desired level of transparency and confidentiality.

Blockchain and voting speed

The voting results on the blockchain are transparent, they cannot be changed, they can be accessed instantly. Voting on the blockchain is not only more reliable, but also faster.

The difference between the effectiveness of the current methodholding elections and voting on the blockchain is amazing. Today it takes hours or days to test votes. Due to human or machine errors, the results may be inaccurate, which further delays the calculation process.

Blockchain eliminates the human factor and allows you to instantly receive election results.

Imagine that the election results become known immediately after the end of the vote. With blockchain, this is possible.

Blockchain and reliability verification of news sources

Elections are not only a process of collecting and counting votes. Before the vote, people massively disseminate and discuss information and news.

In the last election, this aspect wasmost vulnerable. Images and articles are still published on social networks that seem real to an unskilled eye. Readers have to decide for themselves whether to believe the information received.

Blockchain allows you to create an immutable database for checking news sources. Any Facebook user can check to see if the author or site publishes reliable information.

On the blockchain, you can create a reputation system of sources - another way to improve the consumption of content on social networks.

Blockchain and voting in companies and organizations

If you study the potential of the blockchain even deeper, thenit turns out that it can be used not only for municipal or public elections. Blockchain can also be beneficially implemented in private companies and organizations.

Using tokens, companies can organizeinternal voting of employees and shareholders. The more coins a voter has, the more influential his voice. Tokens can stimulate proper behavior, for example, they can reward employees for punctuality.

Companies like Ethereum have already implemented a similar structure. It not only enhances transparency and efficiency, but also distributes influence within the organization.

Technology already exists

Until the authorities introduce technology, blockchain will not benefit voting systems.

Is there any good news? The technology already exists. Countries and states around the world are experimenting with it: they hold elections on the blockchain - they store and track data - and they check news sources using decentralized consensus.

Much remains to be done. But the technology has already appeared. Humanity is waiting for a new future based on transparency, efficiency and security.