One of the first ever implementations of Bitcoin’s blockchain technology for voting systems took place during last week’s straw poll following the debate party at New York’s Metropolitan Republican Club. The vote was reportedly facilitated by the Blockchain Apparatus, one of the holdings of Blockchain Technologies Corporation, which invests in startups in the space. Join the iFX EXPO Asia and discover your gateway to the Asian Markets The startup has reportedly filed a non-provisional utility patent titled ‘System and Method For Securely Receiving And Counting Votes In An Election’, Application # 14820530. If Time is Money, Why Don’t Funds Move Fast Enough for Traders?Go to article >> Jeff Goolsby, manager of the club, commented, “Blockchain Apparatus ran the most transparent poll I have ever been involved with. I think what they bring to the voting process is the future of free and open elections.” Blockchain technology is envisioned for a plethora of applications unrelated to bitcoin’s use as a currency, including securities trading, land titles and intellectual property. The thinking is that a decentralized distributed ledger system will ensure that all records are indelible and verified without the need for a third party. Out of the event’s nearly 300 attendees, roughly 100 took part in the poll. They were asked, “Who do you think won tonight’s debate?” The results were as follows:
Blockchain technology was used in voting systems that measured voters' opinions in a straw poll taken after the Republican debate last Thursday; this represents one of the first instances of blockchain being used in a voting system, an area where it is thought use of the technology could become commonplace. The company has also been working with the US Department of Homeland Security to develop new ways for people and businesses to share information about potential threats or vulnerabilities on their networks. The same company has also applied for a non-provisional utility patent titled 'System and Method For Securely Receiving And Counting Votes In An Election'.