Sunday , November 17 2024
Home / le News / Swiss town tests blockchain-based voting

Swiss town tests blockchain-based voting

Summary:
On 25 June 2018, the city of Zug, the town at the heart of Switzerland’s crypto valley, started testing a voting system based on blockchain technology. © Denis Linine | Dreamstime.com During the trial, which runs until 1 July 2018, around 200 voters will cast non-binding municipal votes on mock questions in a trial designed to identify any bugs in a system built by the company Luxsoft and the computer science department of Lucerne’s University of Applied Sciences. In the Tweet below, Dolfi Müller, Zug’s mayor, can be seen casting the first vote on the blockchain system. Dolfi Müller, Mayor of Zug casting the first vote on the #blockchain solution built in cooperation with CVA members @hslu & @luxoft and using the @uport_me app! #cryptovalley @coindesk @Cointelegraph @bravenewcoin

Topics:
Investec considers the following as important: , , , , ,

This could be interesting, too:

Investec writes Switzerland ranked second in digital competitiveness

Marc Chandler writes The Dollar Remains Bid, While the Euro and Swiss Franc are Sold Through Last Week’s Lows

Investec writes Federal Council hopes to boost savings with pension change

Investec writes Switzerland’s cross border workers reach record level

On 25 June 2018, the city of Zug, the town at the heart of Switzerland’s crypto valley, started testing a voting system based on blockchain technology.

© Denis Linine | Dreamstime.com

During the trial, which runs until 1 July 2018, around 200 voters will cast non-binding municipal votes on mock questions in a trial designed to identify any bugs in a system built by the company Luxsoft and the computer science department of Lucerne’s University of Applied Sciences.

In the Tweet below, Dolfi Müller, Zug’s mayor, can be seen casting the first vote on the blockchain system.

Instead of regular e-voting, which uses a central server, blockchain processing is decentralized, making hacking much more difficult. In addition, votes are anonymous.

If successful, blockchain voting could help counter one of the main arguments against regular e-voting: the risk of hacking.

Results of the test will be evaluated over the next two months and findings published after the summer break.

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *