Whether you’re an investor or merely follow the fluctuations in the bitcoin rate, it’s hard to deny that the cryptocurrency has created a lot of noise. Bitcoin was made possible thanks to blockchain technology. But the latter’s many functions and advantages mean it can be used for much more than just trading cryptocurrencies.

Blockchain technology is now used in various sectors around the world such as banking, healthcare, supply chains, etc. But it also has huge potential for conducting online elections. The technology can help implement fair and secure elections, cut costs and increase voter turnout.

Blockchain technology offers more…

A few weeks ago the Russian United Democratic Party Yabloko held primaries to select its candidate for the Moscow mayoral election. The party staged two rounds of debates between 21 candidates. The winners of each round were chosen via the Polys online voting platform, marking the first use of blockchain technology in Russian primaries. In this article, we reveal more about this exciting new experience.

How it all begun

The driving factors behind the party leadership’s decision to work with Polys were speed and economy. The need for online voting had existed for some time — for voting in regional offices, primaries, meetings, etc…

What are smart contracts and how do they work? In this article, we give a straightforward description and look at the implementation of smart contracts using the Ethereum blockchain as an example.

The smart contract concept in lay terms

The term ‘smartcontract’ has come to mean a type of code that executes on a blockchain platform in such a way that its implementation is verified by independent parties.

This is not distributed computing in the usual sense. Usually, when we talk about distributing a task, we tend to think of a distributed load. Let’s say there’s a task to calculate the number of specific words in a…

The recent blockchain-based presidential election in Sierra Leone is a new milestone in online voting. The election took place in the most populous Western District of Sierra Leone, where upwards of 400,000 votes were manually recorded into a blockchain. Although elections using blockchain technology have already taken place in Estonia, they were on a smaller scale and only made use of proof of concepts.

The election in Sierra Leone changed the notion of voting because it demonstrated to a wide audience how blockchain-based voting systems can not only provide transparent results but also provide election committees with data, including a…

Do androids dream of blockchain?

The traditional system of voting has been polished and refined by years of practice. In case of state or municipal elections voters arrive to the polling station, while in case of professional or other structures they attend board meetings for voting.

So what are the downsides of this system?

  1. In order to cast their votes the constituents should be present “here and now”. Documental verification of identity is required. In case of failure to present an ID document the voter will not be allowed to take part in the election process.
  2. Thus, the requirement of physical presence places restrictions for…

Political scientists from Harvard and Melbourne University warn that democracy is in a state of deep decline. Even in the richest and most politically stable regions, confidence in democratic institutions is rapidly decreasing, especially among young people.

For a long time, liberal democracy was considered the only correct form of government. Furthermore, Winston Churchill noted:

“At the bottom of all the tributes paid to democracy is the little man, walking into the little booth, with a little pencil, making a little cross on a little bit of paper — no amount of rhetoric or voluminous discussion can possibly diminish the…

More and more government organizations are now considering online elections as a potential tool for improving the democratic process, increasing voter turnout and cutting costs. A couple of weeks ago, the European Parliament tested the blockchain-based Polys voting platform at an e-voting event.

In an age where digital progress has touched almost every aspect of our lives, offline voting using paper ballots feels like an anachronism. And yet, online elections still raise a lot of questions and concerns. So, let’s address them here.

The internet is an unsafe place

One of the classic arguments against online voting is the issue of security on the internet. Anonymity…

The future comes much faster than we realize. The Internet, mobile phones, emails, GPS navigators, social networks, online shops — all these things are so organically inscribed in our life. And yet, they only appeared in the last couple of decades or so. What will be next? Maybe totally secure online voting? Actually, it already exists — and it’s called Polys.

Polys is a platform for online voting based on blockchain technology. Here we’ll tell you what’s so great about online voting and why everyone who needs to hold elections or polls should embrace it.

We understand that initially there…

You remember our recent material about the basic principles of blockchain, don’t you? If this is the first time you are reading about the subject and you want some basic knowledge about it, we advise you to close this gap by referring to it. Today we shall concern ourselves with why, when discussing the level of innovation, people venture to compare the arrival of blockchain with that of the internet, what Blockchain 2.0 is, and how these things are connected.

The original use of blockchain for transfer of money demonstrates its potential as a means of transferring value; this is…

Whenever I discuss the blockchain technology, I usually begin my narrative with Bitcoin. The reason for that is quite simple: everybody is familiar with the term Bitcoin to some degree or other. GReAT experts have told the team all there is to know about this famous crypto currency, and some of us even tried mining for Bitcoin blocks when this project first started. Put simply, Bitcoin is a technology for transferring value from one party to another bearing in mind that both parties do not trust each other a priori. Bitcoin operates on the basis of a distributed database of…


Online voting platform based on blockchain www.polys.me

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