How Can Blockchain Transform Our Voting System?

Blockchain for voting is a budding idea that can eliminate issues in the current voting method and aid in establishing a fraud-free voting system.

Introduction

Without hesitation, one can assure blockchain is an unrivaled technology. Blockchain proved its efficiency in the most popular cryptocurrency, Bitcoin. Bitcoin started to dominate fiat currencies in recent years, and because of that, the technology behind its development also began to achieve greater heights. Developers from across the globe derived the impact that blockchain technology could create and are racing to develop new blockchain use cases.

Adoption Of Blockchain Technology

People who understand the aspects of blockchain technology are describing that the tech’s fundamental value lies in its ability to enhance existing systems. Blockchain voting companies and business owners saw the real potential of the blockchain technology from square one since Bitcoin proved a more secure and transparent payment system - for payment processing and banking solution than the traditional ones. One of the dynamic areas where blockchain can prove its integrity is Digital Voting.

Difficulties with the Current Voting System

Through different voting measures were adopted, the current systems are widely stuck in the last century. People who wanna vote must come out of their homes & cast their votes in a local center. Many ideas were put forth to make the voting process digital. But due to a large number of gaps in terms of security, it seems difficult to add trust in the results.

All kinds of data transmission, including financial transactions, work with blockchain. Blockchain-based infrastructure is capable of replacing the current voting system with an effective one.

Blockchain Voting System Is Really A Boon!

Looking at its raw form, we can surely say that blockchain is a digital distributed ledger. The technology derives its potentiality from the nodes on the network to verify, audit, and record all kinds of transactions across the predefined system. The ledger is not actually stored but rather is available on a chain reinforced by millions of nodes at the same time. Blockchain’s transaction database can’t be corrupted or hacked and each record can be verified quickly with ease, thanks to the concepts of decentralization and encryption.

Blockchain can solve lots and lots of problems discovered in online voting recently. A blockchain-based voting application does not rely on the internet's security measures, because hackers with open access to the portal cannot affect other nodes. Voters will be able to submit their vote effectively without exhibiting their personal identity or political preferences. After that, officials can count the number of votes with absolute certainty, knowing that each identity represents only one vote, no fake IDs can be created, and also tampering is impossible.