Topic: Can blockchain change the way we vote? - page 2. (Read 443 times)

I agree. Just wanted to add that no other third party can interfere...

I guess it should promote transparency and responsibility for everyone and, probably, result in better living conditions through better management.

Just look at BITCOIN as an ASSET < nothing else I can see but an asset ..

How does it work this blockchain of yours  as in the voting   how will it work ..
Not saying it cannot be done but how will it be done.?

Bitcoin whale makes ‘enormous’ losing bet, so now other traders have to foot the bill
A trader on Hong Kong-based exchange OKEx made “an unusually large long position order" worth about $416 million and was unable to cover the loss as bitcoin prices slumped last week.
Because the exchange's insurance fund couldn't cover it, other customers will have a portion of their earnings used to pay the bill.
The event shines a light on risks of trading cryptocurrency, even on the world’s biggest exchanges.


The gamble made on OKEx, one of the world's largest cryptocurrency exchanges, was worth about $416 million, according to a company statement and the price of bitcoin futures Friday.
Because of the sheer size of the order and bitcoin's price slump the exchange said it couldn't cover the loss. As a result, it implemented a clawback policy or what it called a "societal risk management mechanism." Users with a net profit will have a portion of their earnings taken back to cover the difference between the liquidated price and the settled price.

The trader, identified only as "ID 2051247," initiated what the exchange called "an unusually large long position order" of more than 4 million contracts on July 31. The exchange said it immediately contacted the client and requested "several times to partially close the positions to reduce the overall market risks."
"However, the client refused to cooperate, which lead to our decision of freezing the client's account to prevent further positions increasing," OKEx said on its website. "Shortly after this preemptive action, unfortunately, the BTC price tumbled, causing the liquidation of the account."


And many think BITCOIN can become a currency    NO CHANCE ..To much up and down   NOW imagine there wasn't that much up and down would people then lose
interest because of not much action ?  BITCOIN good for some bad for others  BUT never will it become a currency  not ever  not enough plus some have so many
that the spread is not fair and would destroy the system  ..

i would say that would be the real democracy when you have a voting system based on blockchain, as it assures you can only vote once and its secrecy is maintained.

NO because even if you win someone else will decide you didn't win..
I want to put cheese on the blockchain   arr well      I like chalk and as I built the thing I have the final say   NO but I won   no but you thought you did ..

This can be solved easily with blockchain, I hope all government  in the world embrace this technology.

Yep, we can see results that won't vary and there's no way for someone to modify the votes that has been cast.  

It will make elections fair.

https://cointelegraph.com/news/blockchain-for-elections-advantages-cases-challenges

I guess, it can.
Never thought about using blockchain in voting...
Thanks for this interesting question!

Definitely. Blockchain can ensure more accurate databases. And it can probably support remote voting too, allowing more people to vote. This technology will allow us and the voting process to take place without much physical interaction. It can be entirely virtual. I think this says a lot about how highly digital (and less prone to human errors) our future will be.

There are some issues need to be solved:

• System's user can have only one «account» (or «wallet») to vote. Nobody can vote twice.
• Nobody can't see your vote. To be clear, everyone can see it, but didn't know that it is YOU.

As I know, first issue is hard to implement, without making second one... But it is temporary problem =)

I believe it will take at least 10 years more to get blockchain fully integrated into the society.

Blockchain technology is here to solve problems facing humanity and society.To improve the voting system, blockchain technology can surely be used.

The biggest problem that blockchain solves is the problem of trust!

A voting system based on blockchain can provide better transparency and security.

Using block chain technology to vote can ensure that the authenticity of voting can protect voters' privacy!

Well, first of all I'm very curious if there's already a solution on improving the voting system so it won't be easily cheated.