Last night at the Iowa Democratic Party’s Caucus, the new mobile voting app provided had serious problems that led to inconsistencies in data from the voting submitted.
The caucus is the place where Iowa Democrats were supposed to vote for their next leader who will run opposing in an effort to defeat President Donald Trump in this year’s presidential elections. However, the app the Democratic Party had intended on using at the other 1,700 caucus’ in the country malfunctioned.
Could the Story Be a Promotion for Blockchain?
The Iowa Democratic Party’s head of communications, Mandy McClure, made a statement in which she said there were inconsistencies in reports of 3 sets of results and that it’s going to take some more time before the results will be reported. She added:
“This is simply a reporting issue, the app did not go down, and this is not a hack or intrusion.” The party is using “photos of results and a paper trail to validate that all results match and ensure that we have confidence and accuracy in the numbers we report.”
Obviously, this whole story leads crypto enthusiasts to think of the use of blockchain for voting. So, why isn’t the Democratic Party willing to use a type of technology that’s beyond manual auditing and paper trails?
Is It Mistrust?
Platforms like the Boston-based voting known as Voatz uses blockchain and logs the votes on IBM’s HyperLedger blockchain. Voatz has already been given a trial test in West Virginia, where it provided “virtual ballots” for voters registered from out of state and where it performed impeccably. This is what Voatz’s co-founder, Nimit Sawhney, declared back in 2018 about the type of voting his company promotes:
“Nothing is 100 percent safe and that’s true of paper-based voting as it’s done right now. But for innovation to take place in the election space, we need to make the process more accessible and find an easier option to vote.”
It’s true that voting using blockchain technology has some problems. For example, the decentralized networks are too open and can expose the votes, whereas the more secure, centralized and private networks need to belong to companies that are truly trusted. Either way, a change needs to be done so that the event in Iowa doesn’t repeat itself.
Author: Oana Ularu
Tyler Winklevoss, Gemini Crypto Exchange’s co-founder, and CEO has provided insight into his position in the upcoming ten years for crypto. In a nutshell, he sees crypto as more than a niche technology and a form of currency. Rather, he views it as having a crucial position in peoples’ daily lives. He tweeted:
One of Bitcoin’s, and other popular cryptocurrencies, best features is its inherent decentralized nature. No watchdog. No middleman. No CEO denying transactions. This decentralized quality associated with cryptocurrencies will be the driving force in the years to come.
That is, it will redesign the financial and monetary systems. Also, crypto will be the main choice for people because it provides freedom and transparency, which is what users are looking for. He stated,
“Crypto will make as great of a contribution to your personal freedom as the invention of the printing press, the personal computer, and the early Internet.”
In a world where we are told what to do and how to do it, is the free-thinking nature of Satoshi Nakamoto exactly what the world needs to thrive? The world is starting to understand what cryptocurrencies are and how useful they may be in saving individuals, as well as company’s, time, money, and privacy. Many startups are trying to make crypto uses as easy as sending an email. This is truly one of the last steps to widespread adoption.
What are your thoughts? Bitcoin has been around for over 10 years now and is more popular than ever. What about cryptocurrencies do you like best? How do you use it? Leave your comments below.
Author: Hank Klinger
Amazon has recently provided some more information about two of its blockchain-related projects. They are the Amazon Managed Blockchain and the Amazon Quantum Ledger Database.
The preview of these new products points out that they are still in a very early phase, but that Amazon is getting consistently more interested in the blockchain technology and that it plans on using it more and more in the near future.
During the presentation, two aspects were especially showcased: the immutability and the verifiability of the blockchain technology. People can use it to enter immutable records and easily verify them in a decentralized manner. This trust aspect is why the company is so interested. Several other companies can use this technology for many purposes.
One caveat of the presentation is that Amazon keeps using the term “quantum ledger” while quantum technology is still not here, which means that it is more of a buzzword than anything else.
The so-called quantum product (see here) was created for cases in which a complete blockchain is not needed, only parts of it. In this case, some of the immutable technology can be used, but in a more centralized way, so that a single entity controls the data. What there is of something really new here is that the database allows for inserts, but not for deleting information.
Amazon Managed Blockchain, (see here) on the other hand, is the real thing. A complete core blockchain product that can be used by companies that are interested in private blockchains. This platform is set to initially have support for Ethereum and the Hyperledger Fabric technology. While Hyperledger is for companies that want to create a private network, Ethereum is better for creating open ones.
Author: Gabriel Machado