Voting

Since the advent of cryptocurrency, the digital payment world has become very diverse. New forms of digital currencies are being developed every now and then. One of the latest developments include social tokens, a form of digital assets that are backed by the reputation of the community, the creator, an individual or a brand.

Popular football clubs are looking to establish as close communication with their fans as possible. For this reason, many of them have issued their own fan tokens to get their supporters involved in the club activity. Now, the last year winner of the Turkish Süper Lig is planning to have their token as well.

The US Independent National Committee is establishing a union to promote interests of independent politicians with the support of the 2020 Presidential candidate and a cryptocurrency billionaire Brock Pierce.

As countries brace for elections in the time of COVID-19, they are wondering how possible this can happen while social distancing measures prevail. Blockchain and distributed ledger technology (DLT) seems to provide a good option for organizing and conducting free and fair elections during this time of emergency.

The Blockchain-based voting system announced in Russia has a vulnerability allowing for decrypting votes before the official end of voting. This feature questions the anonymity of voting, thus making it possible to manipulate people’s votes by forcing them.

The South Korean government is actively adopting disruptive innovations including blockchain and distributed ledger technology (DLT) within various industries. It seems the country wants to follow in the footsteps of Japan and Switzerland to become a global tech hub.