The users and the curious of the cryptocurrencies begin to realize that the power and the main backing of these is the incredible technology that carries with them, they are discovering that the main value of Blockchain lies in its capacity to improve the old systems. Bitcoin offered a banking solution and payment processing more secure and transparent than the existing ones. Blockchain has been used in recent years to improve systems and revolutionize industries around the world despite its young age and not having squeezed out 1% of its potential, including cloud storage, smart contracts, crowdfunding and even healthcare. However, one of the biggest problems that Blockchain decentralized muscle can solve is electoral fraud.
The vote should be very safe and confidential, unfortunately, the fear of fraud is increasing too much in the present times. Blockchain technology could completely eliminate this fear, ensuring a digital urn and a completely secure voting system, which will prevent electoral fraud. Using this technology will mean that once votes have been cast, they will be completely unalterable and completely public. Instead of visiting a registered polling station, voters will cast their votes from their mobile phones or personal computers. These will enter an unchanging blockchain and will be used to reliably verify the election results.
Jamie Skella, co-founder of Horizon State, one of the companies that are building a system to avoid tax fraud, said:
Democracy is about reaching consensus on how best to use our shared resources to achieve the best results for our partners, children, colleagues, staff and fellow citizens. Where there are shared resources in any cooperative environment, there is no doubt: we need better tools and shared decision-making processes.
And that having a fully digital urn will represent a smart and cost-effective solution to the way votes are cast. Among the main benefits, we would find with the complete elimination of manipulation, error logging would be visible and would encourage voter participation. In addition, the apathy of voters in recent years has culminated in a significant drop in voting at the general level, at the most important moments. This provides an irrefutable and easy way to vote from your phone or computer.
Blockchain can solve the many problems of the first failed attempts to conduct online voting. A voting application based on Blockchain does not worry about the security of the Internet connection since any hacker with access to the terminal cannot affect other nodes. Voters can effectively cast their votes without disclosing their political identity or preferences to the public. Officials can count the votes with absolute certainty, knowing that each identification can be attributed to a vote since no fakes can be created and manipulation is impossible.
The problem with a voting system based on a blockchain is a reluctance to change. The governments of the respective countries must have the capacity to adopt and administer a vital constituency for the future of their society. It is a slow process, but one that is becoming potentially better known and accepted in some societies.
Blockchain’s ability to involve and manage a constituency is crucial to the future of society, not only to produce a transparent outcome but to encourage all people to participate as easily as possible. Today, technology is still in its infancy, but matures along with young voters, will someday help, and seems to be a key part of our collective future.