Boule launches their ICO today after a successful trial on their Blockchain Voting Technology which counted more than 1,000 votes in under 24 hours. The test election was run in cooperation with YES Scotland, in reference to Scottish Independence.
This Alpha release from Boule shows strong progress since the close of their pre-ICO in September. The Boule ICO will offer investors the opportunity to purchase Boule tokens at a discounted rate of 20% for the first 24 hours, the bonus will drop 5% at each milestone.
There is a common fear that moving towards remote, online voting mechanisms would make democracies vulnerable, putting election outcomes at risk. The growth of blockchain technology, however, is about to change all that, providing remote voting opportunities, increasing attendance and making the process cheaper, faster and more secure.
Boulé voting software is powered by the global blockchain computing platform Ethereum. Blockchain is a decentralised, cryptographically-verified database immune to tampering or revision. Up to now, it has mainly been used to secure financial transactions. Because every device connected to the chain can validate transactions (which are then stored in the chain forever), blockchain contains revolutionary potential for secure online voting.
Claudio Perlini, CEO said:
“When an institution plans to run an election using our system, they must first purchase tokens to activate the Smart Contract developed by the Boulé Foundation. Using ID authentication and biometric facial recognition, eligible voters are then able to cast their vote – free from the risk of coercion or fraud. Once the voter’s identity has been confirmed, their preference will be logged through an encrypted string of random code, making it impossible to reverse the transaction and discover their identity.”
To access the ICO please visit:
To test Boule's blockchain based voting technology please visit: https://vote.boule.one/
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