Showing posts with label election system. Show all posts
Showing posts with label election system. Show all posts

October 30, 2017

Bitfury proposes Blockchain-based election system for Ukraine

By Anatol Antonovici - October 30, 2017 (

Bitfury, a blockchain solutions provider, has proposed a blockchain-powered election system for Ukraine, which if approved, can go into testing in as little as 3 weeks.

Bitfury, a global blockchain company, has proposed a blockchain-powered election platform for Ukraine. The company’s Chief Marketing Officer, George Givishvili, said during a panel discussion at the Ukrainian Blockchain Day that Bitfury was ready to assist Ukraine with technical support for pilot tests in this direction. 

Givishvili said that his company has already developed a blockchain-based voting system that was experimented at the regional level in the UK. 

“The system is completely ready. We will need only 2-3 weeks to implement,” said the marketing director".
Bitfury Group is a US-based blockchain company that offers a wide range of solutions, including data analytics, digital assets platform-as-a-service, chain hub, property rights registration, and voting among others. 

Ukrainian Blockchain Day, organized on Monday, October 30, is a forum that gathered blockchain and cryptocurrency experts to discuss the latest trends and future applications.   

Some of the speakers were:

  • Tone Vays (USA) – former Vice President of JP Morgan Chase;
  • Vince Meens (Netherlands) – creator of exchange and accelerator;
  • Darren Franceschini (Canada) – founder of Canada Blockchain Technologies Consulting;

Besides George Givishvili, other speakers on the discussion panel were:

  • Sergey Vasilchuk – CEO of Attic Lab;

  • Vasyl Gorbal – Member of the Council of the National Bank of Ukraine (2003-2014);

  • Alexandr Rizhenko – Head of the State Agency for Electronic Governance of Ukraine;

  • Sergey Bondarenko – Head of “Technologies and Integration” at Deloitte Ukraine. 

More than 2,000 participants were present at the forum, which discussed different topics, such as blockchain, cryptocurrency, mining, ICOs, and more. 

Earlier, we reported that Ukraine might adopt blockchain at the national level, as the European Bank for Reconstruction and Development (EBRD) and a group of local and foreign experts have worked on a draft bill in this direction.

Ukraine is not the only country where blockchain technology is proposed as a solution for voting. About two weeks ago, Aleksei Shaposhnikov, Chairman of the Moscow City Duma, said that blockchain technology could replace election commissions in the current form. He delivered a speech at the World Festival of Youth and Students in Sochi, the city which hosted the 2014 Winter Olympics. 

However, according to Shaposhnikov, such an implementation would take about five decades:

“In 50 years from now, blockchain will surely replace the election commissions, and in the next 10-15 years, Moscow may use a mixed system with elements of the blockchain.”
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