BitCongress explores new decentralized tamper-proof blockchain voting technology

BitCongress explores new decentralized tamper-proof blockchain voting technology

Although it may be difficult for people who are not interested in digital currencies to understand, Bitcoin is indeed fascinating in many ways. However, the focus now is on blockchain technology and the changes it can bring to society. BitCongress is one of the most exciting developments because the concept involves a decentralized and transparent method of voting and lawmaking.

Using blockchain technology for voting is nothing new, as there have been various proposals in this regard. However, BitCongress seems to be one step ahead of its competitors, as it recently released a white paper detailing its blockchain voting technology.

Unlike Bitcoin, the BitCongress ecosystem issues a token called VOTE to each participant. The name of this token does not sound very attractive, but considering that the purpose of voting is to let others know, the name VOTE is just right.

However, each VOTE token can only be sent to a specific address at a time to prevent users from cheating. In addition, once the vote is recorded, the individual's VOTE tokens will be repaid to BitCongress members to reduce token inflation.

When it comes to the voting process, BitCongress members can vote through the AXIOMITY web app. When the voting topic is legislation or elections, applying blockchain technology can make these processes more secure than ever before.

By using private or public keys, BitCongress voting data will be permanently recorded on the blockchain. Therefore, BitCongress allows users to vote on specific issues and view voting records while maintaining anonymity. In addition, blockchain technology allows all users to participate in BitCongress, because such voting can be carried out as long as there is network access.

All in all, BitCongress sounds like a very versatile solution that will decentralize the voting process. Gone will be the days of writing ballots with pencils and worrying about errors in the counting of votes. With blockchain technology, there is no room for cheating or tampering, so this is probably the main reason why politicians are reluctant to use blockchain technology right away.

Original article: http://themerkle.com/tamper-proof-decentralized-blockchain-voting-with-bitcongress/
By JP Buntinx
Compiled by: Kyle
Source (translation): 8btc Information (http://www.8btc.com/tamper-proof-decentralized-blockchain-voting)


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