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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

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    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

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    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

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    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    SoonVerse Partners with Arris to Enhance User Experience

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    What Is Impermanent Loss? How It Works, and How to Avoid It

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    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Web 3

Using Crypto to Vote in Elections (Weird Concept — Wild Results)

March 2, 2024
in Web 3
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Using Crypto to Vote in Elections (Weird Concept — Wild Results)
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TL;DR

  • The Freedom Tool is a secure and anonymous electoral voting system that uses zk-proofs to eliminate fraud, miscounts, tampering, and voter suppression.

Full Story

We just learned about a new way to cast votes in elections that could be — dare we say it — world changing. 

We’re talking zk-proofs, used for voting. 

Which sounds bizarre! But here’s the thing:

Zk-proofs allow blockchains to validate information, without actually seeing all of the information. (It’s weird).

Like, a zk-proof would be able to validate your age is above 21, without having to expose your actual age or birthday. 

Here’s how it’d work with elections:

The project is called ‘The Freedom Tool,’ and the basic gist of it is that a one-time passport scan is taken, ensuring two things:

  1. Each voter is eligible

  2. They are given only one vote

Then, once the voter is at the booth, zk-proofs verify their eligibility and vote count → the vote is cast, and published publicly (all without exposing any of the voter’s personal information).

This new system boasts a BUNCH of cool new features/results, including but not limited to:

  • Repeat or fraudulent votes would be impossible.

  • Folks would be able to vote anywhere/anytime, making a range of voter suppression tactics redundant.

  • Human interaction would be removed from the electoral process, stopping potential miscounts and tampering.

  • Because all votes would be published on the blockchain, results could be shown in real time.

See also  Eve Online Crypto Game ‘Literally Wants to Kill You’

(The phrase ‘world changing’ doesn’t feel all too out of place now, right?)

Tags: ConceptCryptoElectionsresultsVoteWeirdWild

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