Charles Hoskinson suggests hosting next elections on Cardano blockchain

Charles Hoskinson suggests hosting next elections on Cardano blockchain
фото показано с : invezz.com

2020-11-1 19:13

The founder of Cardano and co-founder of Ethereum aims to achieve blockchain voting on the Cardano network. He believes that his network can provide a solution that will make it possible even down to national voting processes. According to Charles Hoskinson, they have been building an infrastructure that’ll make it happen.

Even though Charles Hoskinson is positive that such a possibility can become real. He still admits that achieving such a feat will not be an easy task. The mathematician discloses that to ensure the efficiency of such a solution. The developers will carry out numerous experiments before launching.

According to Hoskinson, the network may first be open to third-parties to conduct their primaries before the state, municipal, and eventually for national elections.

Cardano blockchain hosting next elections

In his statements, the founder of Cardano states that in a span of 3 to 5 years, after testing the solution on different levels of electoral processes, they can withdraw it and sell it to the government.

He asserts that this blockchain voting solution will be very suitable for countries that face a lot of legacy issues. Thus his company can sell the solution to the government of Georgia and Ethiopia that are always looking for innovative voting systems for their elections.

Charles Hoskinson further points out that IOHK built a team in Lancaster England that publishes different e-voting research. The founder of Cardano, however, admits that building such a system will be very complicated. As per Hoskinson, a voting system on the blockchain will require lots of cryptographic overhead.

In his explanation, Hoskinson states that an election that doesn’t prioritize the voter’s privacy. Although it only focuses on counting votes will be easier to achieve even if you have a billion people to count.

However, when it comes to an election that prioritizes the privacy of the voters. This may sound like a verification, plus a paper ballot to back up the votes. It will not be easy to achieve a lot more without a strong system in place. That’s why Charles Hoskinson is sure that achieving blockchain-based voting will be tasking.

The post Charles Hoskinson suggests hosting next elections on Cardano blockchain appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardano (ADA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.576
Капитализация $0 Rank 99999
Цена в час новости $ 0.0933988 (-100%)

cardano blockchain network voting provide solution national

cardano blockchain → Результатов: 126


Фото:

Cardano Partners With Singapore’s Blockchain Institute: ADA Turns Bullish

Emurgo, one of the founding entities of the Cardano blockchain, has officially announced a partnership with the Institute of Blockchain Singapore (IBS) today. This strategic alliance, revealed via X (formerly Twitter), accentuates the rising importance of blockchain education on a global scale, while also highlighting Cardano’s commitment to the same. Cardano Expands Its Presence In […]

2023-10-31 22:00


EMURGO to develop new dApp tool stack for Cardano blockchain

EMURGO, the official commercial arm of Cardano and the Cardano Foundation, overseer of the Cardano blockchain, announced the launch of a project that will see the two organizations combine efforts and resources to foster the development of a community-generated and maintained tool stack to support the Cardano ecosystem and accelerate decentralized application development.

2022-1-19 19:19


Фото:

Plutuswap Poised To Become The Next Gen-Dex On The Cardano Ecosystem

The Cardano network is set to see a big step forward as it prepares to update its blockchain through the proposed alonzo hard fork which will enable smart contract functionality. When wholly deployed, the Cardano Blockchain will be able to support systematic codes to construct and deploy “smart contracts,” that enable developers to build Dapps […]

2021-9-10 00:34


IOHK Launches A $250k ‘Decentralized Treasury’ Fund To Boost Cardano Blockchain Development

IOHK, Input Output Hong Kong, a blockchain research and development firm building on Cardano, announced the launch of its first public fund, Project Catalyst, on Thursday. The public fund launch features a $250,000 grant program, paid out in ADA, to incentivize developers to build solutions on the Cardano blockchain.

2020-9-17 15:29


Фото:

Cardano (ADA) is looking to challenge subscription industry, launches African initiative

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region.

2020-4-29 00:30


Cardano Founder Speaks On The Future Of Byron And Shelley Upgrades Of The Blockchain

Over the past month and a half, the Cardano community has welcomed a number of developments following a successful Ouroboros hard fork on the blockchain. In a 24-minute update, Hoskinson speaks on the upcoming upgrades on the Cardano in what has become subsequent for the pubic as they wait for Cardano 2.0, or the Shelley […]

2020-2-26 16:22


IOHK introduces ‘Shelley’ era functionality to the Cardano blockchain

IOHK, a blockchain engineering company and Cardano developer, recently introduced the ‘Shelley Era’ to the Cardano blockchain platform. Over 300 stakepools are already registered and operating on Cardano’s advanced proof of stake-based network and network participants are now able to delegate their stake of Cardano’s ADA cryptocurrency and earn real financial rewards.

2019-12-17 16:51


Seiza Cardano (ADA) Blockchain Explorer and Crypto Network Stats

Discover Seiza—the new ADA blockchain explorer that makes it easy for users to track transactions on the Cardano blockchain. Announcing the new development, EMURGO—a part of Cardano’s team that is responsible for developing, supporting, and incubating commercial ventures, said in a tweet: “We are excited to unveil ‘Seiza,’ an all-new official Cardano Blockchain Explorer developed […]

2019-5-23 07:14