As a technology, blockchain is quickly becoming unrivaled. Although the Internet has long been familiar with other peer-to-peer applications for file sharing, music streaming, and more, the idea that these types of networks can provide their own security and resources has only been around since 2008. In the decade since its inception, blockchain was mostly tied to the success of the technology that created it, bitcoin.
In recent years, however, it has quickly become a star on its own. With the rise of the world’s favorite cryptocurrency, awareness of the mysterious and unique technology behind it also grew. Developers who recognized the value of blockchain are now racing to create new use cases for it and put their ideas into production.
Many are finding that blockchain’s primary value lies in its ability to improve old systems. Enterprising observers saw the technology’s potential from the start, as bitcoin offered a more secure and transparent payment processing and banking solution than existing ones. In recent years, the same people have used blockchain to revolutionize industries far and wide, including cloud storage, smart contracts, crowdfunding, and even healthcare. However, one of the biggest problems that blockchain’s decentralized muscle can solve is voter fraud.
Blockchain Serves the Voters
In its most basic form, blockchain is a digital ledger. The technology draws its power from the peers—or nodes—on its network to verify, process, and record all transactions across the system. This ledger is never stored, but rather exists on the “chain” supported by millions of nodes simultaneously. Thanks to encryption and decentralization, blockchain’s database of transactions is incorruptible, and each record is easily verifiable. The network cannot be taken down or influenced by a single party because it doesn’t exist in one place.
It’s not only financial transactions that work with blockchain, but any type of data transmission. This kind of system infrastructure is extremely useful for voting because a vote is a small piece of high-value data. Out of necessity, modern voting systems are largely stuck in the last century, and those that want to vote must leave their homes and submit paper ballots to a local authority. Why not bring this process online? Some have tried, but it has proven difficult to put faith in the results due to large gaps in security.