For the Presidency of the United States.
The transparency of the bitcoin can also change the way we vote forever. Voting based on blockchain transparency is the real and ultimate democracy. This is how it works...
Bitcoin and voting
You might ask yourself what on earth has bitcoin to do with voting? The currency itself, nothing. But replace the coin with a vote. By replacing it you have almost instantly the most transparent voting system in existence.
What has blockchain to offer?
Blockchain technology is mostly seen as a solution for the financial industry. But governments can benefit too from the technology. This is again proof that the technology can change many things from the way we do them now.
Voting within a democracy is based on trust. You have to trust the government that they honestly count all the votes. These are mostly done by [supposedly] independent commissions. However, there are nonetheless numerous examples of manipulating elections worldwide.
Faster and realtime polls
Besides transparency, blockchain can generate nearly realtime polls. Waiting till midnight for the most recent poll is just history with blockchain technology.
It should not be that hard to build a robust voting system against very low costs. If you compare it to traditional voting systems the costs will be a lot lower.
The first real blockchain election might be closer than you think. Take for example countries like Estonia, United Kingdom and Finland. They are considering and exploring the possibilities of how they can use blockchain to make voting faster and above all: Transparent.
Bitcoin in its core has some simple features: It’s fast, cheap and transparent. Because of these features it can work for many industries including governments to work extremely transparently and against very low costs.
Transparency is, in this case, the unique selling point. Once properly established there is no way the results of an election can be manipulated. For the first time voting has never been more fair than with blockchain technology. E-voting will soon rise.