As a crypto investor and tech enthusiast, I firmly believe that the implementation of blockchain technology in voting systems is a game-changer. The outdated voting process needs an overhaul to ensure transparency, accessibility, and trust in election results.
The founder and CEO of Valuetainment, Patrick Bet-David, expresses that blockchain technology has the potential to significantly enhance voting processes globally.
Amidst the rapid advancements in technology, specifically artificial intelligence (AI), blockchain, and Bitcoin, Bet-David ponders if these innovations hold the key to modernizing the antiquated voting process. This is not just a matter of enhancing the transparency and accessibility of elections, but also of instilling trust and faith in the outcomes among a larger population.
An entrepreneur expressed his views on blockchain through a YouTube video. He described it as a “collective, unchangeable record that enables the execution and monitoring of transactions and management of assets within a business community.” According to Bet-David, these characteristics make blockchain an ideal solution for implementing voting systems.
U.S. states have piloted blockchain voting
It’s important to acknowledge that the intersection of blockchain technology and voting is a topic that has been explored before. Scholars and professionals have put forth various ways in which nations can leverage this technology more effectively in the context of elections. This discussion has taken place against the backdrop of increasing digitalization, transforming sectors such as education, supply chains, healthcare, and agriculture.
It’s this growth that has seen some U.S. states pilot blockchain voting systems.
West Virginia marked a first by implementing blockchain technology for federal elections as a trial. This innovation relies on a transparent record while ensuring voter anonymity remains intact, which is a significant draw for the adoption of blockchain voting.
In his view, Bet-David thinks this is the way to go.
Instead of a decentralized ledger recording votes, immutability refers to the fact that once a cryptographically signed vote has been added, it cannot be changed undetected.
Among the U.S. states besides West Virginia that have experimented with blockchain voting systems, are Utah, Colorado, and Oregon.
In Denver, Colorado, there is a trial initiative enabling voters living abroad and military personnel serving actively to participate in Municipal elections via a user-friendly mobile application based on blockchain technology, according to Bet-David.
In Utah, a citizen cast the initial ballot for presidency using blockchain technology. Simultaneously, blockchain applications have successfully facilitated elections in countries including Switzerland, Japan, Brazil, South Korea, and Russia.
Issues with blockchain voting
Bet-David advocates for employing blockchain to ensure transparency and ease of access in elections; however, he acknowledges that putting this technology into practice encounters certain obstacles.
Experts have raised various objections regarding the technical complexities and security risks, encompassing aspects like scalability and safeguards against cyber-assaults. Furthermore, there are legal and regulatory challenges, primarily centered around maintaining voter anonymity and privacy. Several U.S. states, including New York, California, and Texas, have voiced unease over the implementation of this system.
With dist trust in the US government dropping significantly from 73% in 1958 to roughly 16% nowadays, it could be innovative technology that attracts the younger population.
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2024-06-19 20:04