0x token holders vote on reduced fees
Voting has begun on the 0x (ZRX) governance platform for a new improvement proposal to reduce transaction fees on the network. The proposal is driven by the recent rise in gas prices on the Ethereum platform.
U.S. Congress discussed blockchain voting during COVID-19 disruptions
A United States Congress Memorandum dated April 30th suggests a blockchain-based voting tool was considered as a possible antidote for COVID-19 driven operational disruptions. The pandemic has driven senators indoors and created a need to find alternatives for how the key decision-makers in the country convene.
Decred launches decentralized voting process for blockchain protocol changes
Decred recently announced a proposal system that allows users to participate in governance, a major milestone in the projects road map. Allowing stakeholders to vote on changes ensures interested parties have representation in major decisions that will affect the cryptocurrency.
New blockchain e-Voting service complements Abu Dhabi economic vision
Abu Dhabi Securities Exchange (ADX) recently debuted a number of digital services, at the 36th GITEX Technology Week. GITEX is the largest technology exchange and marketplace for the Middle East and Africa. This years event takes place in Abu Dhabi from October 16 to 20, and over 140,000 visitors and 4,000+ exhibitors are expected to attend.
What if blockchain technology revolutionised voting?
Is blockchain the revolution in security and transparency that is needed to enable e-voting and, if so, what are the implications for the future of democracy?
The Parallel 2016 US Presidential Election
The United States has historically favored centralized voting methods. Over time, punch cards and lever machines gave way to electronic voting machines and optically scanned ballots, which were used prolifically in the 2012 election. Both of these systems are vulnerable, and depend on a trusted central auditing authority to count the votes. Even in the United States, one of the most successful democracies in the history of the world, there have been numerous cases of potential voter fraud, murky ballot handling, flawed registration processes, and vulnerable technology.
Blockchain voting systems offer transparency and security
The paper balloting system has been around for generations. However, countries around the world have been trying to replace the dated process with electronic voting, which is commonly referred to as e-voting.