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Blockchain Voting - Immutable Election Results

Altcoin Author by Rekt Tech

Nov 5, 20207:29Technology

So I've been getting a lot of messages on Twitter and LinkedIn, about how the blockchain can materially affect the future of voting. A lot of people are frustrated with the mail process and how it seems that the mail at...

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Blockchain Voting - Immutable Election Results is an episode from Altcoin Author by Rekt Tech. So I've been getting a lot of messages on Twitter and LinkedIn, about how the blockchain can materially affect the future of voting. A lot of peo...

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Published Nov 5, 2020, 7:29 long, audio available.

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What is Blockchain Voting - Immutable Election Results about?

So I've been getting a lot of messages on Twitter and LinkedIn, about how the blockchain can materially affect the future of voting. A lot of people are frustrated with the mail process and how it seems that the mail at very least was slowed down, and people are reporting to me, based on some news sources that the delivery rates and a lot of heavily left leaning counties and states have been slowed down to the extent that less than 70% of pieces of mail are arriving at their intended target. During the dates that they should be and for the USPS, the typical delivery rate is well over 95%. So for under 70%. You know you're talking about a considerable drop. And if you'll remember there was some cuts that was there were instituted into the USPS. And a lot of the Democratic leaders were talking about how that was used as a way to slow the mail. Or at least, cut off some intermediary parties that expedited things so that is a consideration and then also there. This is largely being done in states where there is no grace period. And if it's not delivered on Election Day, then it doesn't matter so what people are telling me is that certain, you know, whomever are finding heavily left leaning counties and proceeding to slow the mail, so that the MC ballots, which, you know, run heavily left leaning will not be delivered in time and thus those votes won't be counted. So they're saying what can we do with blockchain How can that be a solution to the problem that we're having, and I think it comes down to, if the blockchain was ever integrated into some sort of election, then you could do it using a few different consensus mechanisms that would provide that trustless technology you know would take the core issue of can this ledger be messed with can it be is it immutable or is immutable, and will these numbers hang up and do we have confidence as the public that when we are looking at a particular vote that it does reflect the true sentiment of the voter. And as it stands with the payment rails out there Bitcoin. And, you know, aetherium and all that. the amount of resources that it would take to what's called rollback a transaction or do a double spend or essentially messed with the technology itself is really high. So, it could be done but you'd have to amass all of the available resources that are, you know, put out there on the internet you have to have pools you'd have to really have some coordinated attack the likes of which,Unknown Speaker 3:33 you know, had never been seen.Unknown Speaker 3:36 And I guess it would be possible but the way you can get around that for blockchain voting is have a permissioned blockchain where the node holders you know being trusted bodies that are transparent to the public are able to get one portion of the ledger. And then it can be watched in real time. And, you know, records of that will be put on what's called the ipfs. And so, it's not all whole held up on one central server it's distributed through a number of different servers. And with that, technology, you would be able to have people checking and then people checking the people who are checking. And I think that that's further, or closer than a lot of people anticipate as it is governments are playing in a real way with central banks, using blockchain technologies as you may know like large corporations are already using on a wholesale basis, financial companies like JP Morgan are completely flipping on the issue of blockchain for decentralized finance and otherwise, and, you know, to lead the way in FinTech. So I think the horizon for blockchain voting is not that much further along, and the possibility of it being instituted in the next few decades, is high, and the consensus mechanisms, you know, the voting can be done, you know, very easily. They have a bunch of id Software's out there that are, you know, you can have it so that it reads your biometric information, you can mean if you see a...

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Blockchain Voting - Immutable Election Results is an episode from Altcoin Author by Rekt Tech.

How long is this episode?

This episode is 7:29 long.

When was this episode published?

This episode was published on Nov 5, 2020.

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Where can I listen to Blockchain Voting - Immutable Election Results?

You can listen to Blockchain Voting - Immutable Election Results on this page when the episode audio is available from the podcast feed.

Which podcast is this episode from?

Blockchain Voting - Immutable Election Results is from Altcoin Author by Rekt Tech.

What are the episode details?

Published Nov 5, 2020 and 7:29 long