Zug-Crypto-Valley-To-Test-Blockchain-Voting-System

Residents of the Swiss City of Zug will be using their eID system to vote on a blockchain-based test. The intention is to analyze whether it is possible to implement the technology for other referendums and voting instances.

According to the Swiss Broadcasting Corporation, residents will have to download an app from June the 25th to July the 1st to vote on different issues about the city.

Zug is known as the cryptocurrency valley because it has been very open towards blockchain and crypto-related companies. The city allows people to pay with virtual currencies in restaurants, shops and even for public transport.

This time, the intention is to test a new blockchain-based voting system that could be used in the future for bigger consultancies. Citizens will have to cast their vote about whether they believe digital identifications should be used for paying parking fees and borrow library books or not. And an additional question will be asked regarding the eID and its future usage.

The votes are non-binding for the local authorities but it is a good way to test how blockchain technology performs in the political arena. This is the first electronic polling test that is held in Switzerland, but the country aims to expand these electronic systems to two-third of the country’s cantons.

It is also important to mention that a national digital ID system called SwissSignwas was launched last year by a consortium of banks, insurance companies and other important enterprises.

Moscow is also implementing a voting system based on the ethereum blockchain for the ‘Active Citizen’ platform. Citizens are able to decide on city matters by casting their vote on the blockchain.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

fifteen + 11 =