“[Online] voting imposes extremely stringent requirements on the security of every aspect of voting. We believe that the Blockchain technology is the missing link in the architecture of a viable online voting system.”
Despite the digitalization of our society in so many aspects, the voting is still done on paper. This yields several inefficiencies, such as increased costs, possibilities to vote more than once, and even transparency issues and frauds.
Cyber voting might sound pretty cool. It would save us more time and be more cost-effective. No endless queues, no accusations of fraud. It might even increase the voter turnouts. You could quickly just use your phone or a computer to vote, and that would be it. Even though this sounds pretty easy, it is very difficult to put in practice, mostly because of the danger of cyber-attacks. This might obviously make the whole election illegal. Our defense systems are not secure enough to prevent hackers influence the results of an election.
The solution to this problem can be found in blockchain technology.
As we explained before, simply said, the blockchain technology is a digital ledger, using peers, or nodes, using the network to process, validate and register the information across the system. As the transactions are incorruptible and possible to verify by every user. Usually votes are recorded, managed, counted, and checked by a central authority. Blockhain makes the users to do this themselves. The votes cannot be influenced by anyone because the network (and the authority) is decentralized, with no recording errors or tampering.
In addition to this, this would make the voter anonymous and resolve the privacy issue, as they would not need to reveal their ID or political standpoint in any sense. The officials can on their side count votes in a secure way, knowing that each voters’ ID is connected to one vote.
Different research tells us that the average cost per single vote that the government bears is somewhere between $7$ and $25. If voting by the blockchain technology would take place, the cost would be $0.5.
The transparent voting that we get by the use of blockckain technology in our electoral system would take us one step further to stronger democracies. This would probably increase the voting participation as well.
E-voting systems has previously been used in countries like Denmark and Estonia. On December 4th, Russian authorities announced that it developed a pilot system for improving local voting systems that are based on blockchain technology.
IE Business School MiM Candidate, Sorbonne University Graduate