Election transparency is something that most countries dream of having, and the latest Trump claims on the fraudulent counting of votes have proven how significant voting transparency in national elections is.
It is an ambitious dream, indeed; but it is one that an Australian firm is willing to undertake. Layer2 Technologies is currently developing B-Vote, a multi-purpose voting platform, on the Bitcoin SV blockchain.
“The idea is that all of the ballots are put in a transparent box, so that everyone can see that there were no votes in the box before there should have been, or that none have been added after they should have been. Once you submit your vote, you can physically see with your own eyes that your vote is going to be included. That’s what blockchain voting allows.It doesn’t fix voting, but it takes a step in the right direction in making it better and more transparent,” Bitcoin Association Ambassador to Australia and LAYER2 Technologies CTO Eli Afram revealed.
This is made possible through a simple and easy-to-use interface that anyone can use with a sophisticated backend support that allows for the more complex computations to be solved. B-Vote has also partnered with MetaStreme to make it possible for non-Bitcoin users to access the platform. This has been done so B-Vote can be adopted globally at scale.
“For people who don’t own Bitcoin or don’t use Bitcoin, we use MetaStreme on the backend. What that does is it allows us to record data onto the blockchain without using a wallet. What ends up happening is instead of a Money Button, you end up having a button at the bottom which says submit, and then MetaStreme submits it to the blockchain without the user knowing that’s what has happened,” Afram said.
Because it is built on the Bitcoin SV blockchain, B-Vote can accommodate the big data generated by national elections. Although the ultimate goal is for it to be applied by national governments during elections, it also has the capacity to be tailor-fit for use by commercial and personal voting, such as voting done during major shareholders’ meetings and during various award-giving events. This is because Layer2 Technologies acknowledge the fact that it is difficult for national governments to change their voting systems and adopt a new technology.
“The problem with blockchain voting is that we can’t dictate to governments how they should run their voting processes. All we can do is show them what’s possible—the transparency that’s possible, the capabilities of blockchain technology—and use that to say, ‘We can run an election that would satisfy the population of Australia—we could do 25 million votes in one day,’” Afram explained.
In fact, Layer2 Technologies already began testing B-Vote just to check if it can handle the amount of data an Australian national election would generate and they found that it can more than accommodate the population of their country.
The Bitcoin SV blockchain allows for low-cost, safe, and instant microtransactions. Furthermore, this public ledger immutably and chronologically records data with information that is easily verifiable. These qualities of the Bitcoin SV blockchain make it the perfect solution to current voting problems.