Stateside Company Looks into Blockchain-Based Voting Applications

October 26, 2015 12:06 UTC

In yet another example of the numerous applications of block chain technology, a New York-based subsidiary of Global Arena Holding called Global Election Services is keen to explore applications that aid in secured block chain voting.

Block chain technology is being tapped into by banks, research companies, stock markets like NASDAQ and even government entities such as the UK Treasury.

With accurate record-keeping as an incorruptible digital ledger, a block chain’s applications are a varied sort while offering staggering potential due to its efficiency and clarity. The democratic process of voting, for instance, can be secured online in a way unlike any we’ve seen, with accurate vote-counting and the verification of every individual vote made possible, all while retaining anonymity.

Secured Blockchain Voting

New York-based Global Election Services (GES) has announced a partnership with Blockchain Technologies to look into exploring expansion opportunities that offer secured block chain voting applications.

With the partnership, teams from both companies have already started to “conceptually augmenting” the vital tasks of the voting process that includes registered mail ballots, tabulations, in-person registrations and of course, internet voting.

In a press release, The President of GES and Chairwoman of the Mediation and Arbitration Division notes the promise of block chain, adding:

If there is any such technology that can support the expansion of GES and advance ballot elections into a high-tech world, ‘the blockchain’ is it.

The partnership and the announcement puts the spotlight on block chains, a term and a technology that has now transcended bitcoin or even financial technology, for that matter.

Global Arena Holding, the parent company of GES, had its CEO, John Matthews, also register a vote of confidence in the technology.

“Faster. More Secure. Accurate. Non-tamperable and foolproof. Most important, ‘electronic,’ making it convenient and globally accessible,” he added.

Blockchain Voting Is Already beyond a Proof-Of-Concept

Nearly 18 months ago, the first use of bitcoin’s blockchain technology in a democratic ensemble was when the Liberal Alliance in Denmark became the first political group in the world to vote using a blockchain-centric system during its internal elections. ‘Crypto voting’ has also been used in the Spanish Congress, in Norway and among Europe’s Pirate Party.

Now, with companies like GES looking to actively develop blockchain voting applications, it’s only a matter of time before more democracies around the world start to implement it and go beyond the stereotype that e-voting is insecure and vulnerable to easy hacks.

Image from Shutterstock.

Last modified: January 22, 2016 16:43 UTC

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Samburaj is the Editor for CCN, among the earliest and foremost publications covering financial and blockchain news. He has authored over 2,000 articles for CCN. Email him samburaj(@)ccn.com or find him barely tweeting @sambdas

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