U.S. Elections: What are the Benefits of Blockchain Voting?

Residents in Utah County used the phone app Voatz to cast a vote in this year’s presidential election. What are the benefits of using blockchain to vote in the U.S. presidential election?

October 21, 2020 | AtoZ Markets – For the first time in the main election of the US presidential election, a blockchain-based vote was held. The major media “Fox News” reported. The blockchain was used for voting in Utah, which is located in the western part of the United States, and voting was conducted via “Voatz”, a smartphone app.

Utah use blockchain for voting

Due to the influence of the new coronavirus, it is expected that the number of votes by mail will increase, and while there are concerns about delays in counting and the credibility of votes, we aim to utilize blockchain with high tamper resistance and aim for the completeness of elections. .. It is also expected that the voter turnout will improve.

The voting app “Voatz” is being used in Utah this time. It is a mechanism to confirm the identity by registering information such as a face photo and taking a picture of itself with a camera. It has been used in other elections in the United States.

A Utah official who has used Voatz in five elections in the past emphasized the results, saying, “This election is one of the most cost-effective elections.” “We are proud to have led Utah and the United States in technological innovation,” he said.

In March of this year, it was reported that the state of West Virginia in the United States abandoned the use of Voatz in the primaries of the presidential election. He explained that security concerns could not be completely eliminated due to lack of knowledge and achievements of the people concerned.

Benefits of using blockchain to vote in the US Presidential election

By using blockchain, security concerns can be dispelled, and it would be a great advantage if smartphones could also vote. If it can be realized, it will be possible for voters with disabilities and the military stationed overseas to easily vote.

Many have questioned the current election system, and since 2016, 88 investors have invested more than $ 420 million in election-related startups to improve the US voting system. At least 27 startups have reportedly invested in.

Voting using blockchain is also being promoted by Brock Pierce, a co-founder of Block.one, a developer of cryptocurreny IOS, who ran for the 2020 US presidential election.

“Although music and video can be easily copied on the Internet, blockchain is tamper-resistant and proves that it is the only data. It is a very suitable technology for elections,” he explained.

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