Ukraine Election Body Trials Voting on an NEM Blockchain
Blockchain technology has been deployed for Ukrainian elections in a test according to a Facebook post by Alexander Stelmakh, an official Ukraine’s Central Election Commission.
A test began several weeks ago and voting is currently underway held using test coins provided by the NEM Foundation.
Blockchain makes it impossible to change saved information, the post noted. The decentralization of the data is also seen as advantageous. NEM’s blockchain allows a user to create their own assets. In addition, the blockchain’s log structure includes a message box that allows the user to attach a message.
All information protocols are displayed in the format section on the blockchain. Assisted transactions can also be viewed on the blockchain. In addition, NEM’s API allows users to access data in an easy-to-use format.
Worth The Cost
The estimated cost of placing the results on the blockchain will be small in exchange for the lifetime preservation of such socially important data, Stelmakh noted.
The NEM website notes that the foundation is committed to working with governments to expand the use of the NEM blockchain, and that the ability to record transactions on distributed ledgers offers governments the chance to improve transparency, prevent fraud and build trust.
https://www.ccn.com/ukraine-election-body-trials-voting-on-an-nem-blockchain/
