Voting

Democratic life can be influenced by innovations such as Blockchain technology, Cryptocurrency, Artificial Intelligence (AI) and others, though there are still many unanswered questions and hunches related to these infant technologies. Now the Italian government wants to apply blockchain to electoral processes in order to enable citizens living across the globe to participate in voting, Fortuneita reports.

Thai government agency NECTEC has created a distributed ledger technology (DLT)-based solution set to digitalize the voting process in Thailand. The tech unites e-voting in close groups and the traditional balloting. In case 5G is adopted, every voter shall be connected to the voting platform.

The supreme authorities of Korea have started to bring into life a new fintech project, aimed at raising reliability and security of online voting facilities. Blockchain platform is promised to be completed next month, with several trials prior to the launch.

Digital currency has widely expanded and found a lot of applications in different areas, including the political sector. For example, cryptos can be donated in federal elections and citizens insist on treating such donations equally to those made in fiat currency.

Since the earliest inception of Crypto and Blockchain technology, one of the principal uses for the technology outside of monetary related transactions has been as a method for safe, digital voting.

Italian Serie A giants Juventus announced the release of their own Fan Token that is to be used for voting. The release is planned for the first quarter of 2018.

A topic that seems to dominate the Bitcoin media are the vast amounts of energy consumed and the corresponding high carbon emissions.

EOS.IO is about to launch shortly. Global block producers voting is the most concerned thing for the token holders.

MEPs with the majority of 574 votes to 13 votes, with 60 abstentions on Thursday, the European parliament has reached an agreement to impose closer regulation of cryptocurrencies.