Denver voters will use a blockchain technology-based smartphone app in Denver mayoral election in May 2019. This upcoming voting will be a pilot program to use the blockchain. The American internet retailer Overstock.com, Inc will work with Tusk Philanthropies in order to launch the pilot program.
Medici Ventures was launched in 2014 owned by Overstock.com, Inc. It is a wholly-owned blockchain subsidiary. The main purpose of the subsidiary is to eliminate middlemen, re-humanize commerce and democratize capital. The subsidiary has many portfolio companies. The blockchain is introduced to various industries (capital markets, property, voting, money and banking, supply chain, and identity) by these portfolio companies. Voatz is a voting portfolio company of the subsidiary.
Voatz is known as a mobile elections platform who will leverage existing smartphone security protocols and the blockchain technology in order to facilitate this voting. The platform has cast 80,000+ votes over 30 elections since June 2016.
The CEO and co-founder at Voatz Nimit Sawhney said, “With this pilot program, Denver is leading the effort to make voting more convenient, accessible and secure for deployed military personnel and overseas US citizens. The latest developments in smartphone hardware, encryption and blockchain technology make mobile voting a reality. This is a significant stepping stone that I hope many other states and cities will follow,” GlobeNewswire reported.
The South Australian Government has collaborated with Horizon State in order to conduct a blockchain technology-based public election for the Recreational Fishing Advisory Council. The community engagement platform of Horizon State can be used to register election votes and the government will use the platform. The decision-making process will be conducted to improve the nation’s economy and the platform will facilitate people to join in this process. The country faces the underlying challenges related to large populations displacement to remote towns and islands with poor access. The platform uses blockchain technology to address such challenges and reduce fraud voting. It is stated that blockchain implementation will give transparency, accountability, and immutability to this democratic voting, Block Tribune reported.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]