Æternity Partners With A Uruguayan Political Party To Build Democratic Voting On Blockchain

    Uruguay’s Digital Party, a political party aiming at digitizing and embracing tech in its actions, announced the use of blockchain in conducting internal democratic practices. The political party partners dApp blockchain platform, Æternity, to build a decentralized and trustless platform for Uruguayans to vote and participate in political decisions in a transparent and optimized system.

    Promoting Democratic Practice Through Liquid Democracy Blockchain

    The Æternity development team will work with the party to develop UDP’s internal governance system using its own internal community decision making protocols. Speaking on the partnership with the political party, Æternity Americas CEO, Pablo Coirolo, said,

    “The application of democratic governance that will be implemented by the Digital Party is based on the internal governance solution that aeternity uses for internal community decision-making, which is a completely new architecture, allowing greater participation of citizens in political decisions at all levels, with unalterable reliability.”

    According to the post, the political party aims to harness Æternity’s architecture and a “liquid democracy blockchain” platform that uses virtual tokens and a set of smart contracts to provide a decentralized and trustless democratic system for its citizens.

    Extensive reach in South America

    Æternity blockchain has a high prevalence in Latina and South America and a number of companies are looking to adopt its protocols to launch their dApps. In September, legalized marijuana firm, Uruguay Can, announced the launch of a cannabis supply tracking system on the Æternity blockchain. This is the first official tracking of cannabis supplies in the region allowing suppliers and users to track the plant from seed stage till the drug store.

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    Lujan Odera
    Lujan Odera
    Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


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