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South Korea to Start Blockchain Voting System Trials

The Ministry of Science and ICT of the South Korean Government slates to develop a blockchain voting system, starting trials within the private sector by December 2018.

South Korea Developing a National Blockchain Voting system

Latest information from the Ministry of Science and ICT of the South Korean government indicate that the country is developing a Blockchain voting system. According to the reports, the system is slated to start trials within the private sector as soon as December 2018.

The ministry of science and ICT, and the National Election Commission (NEC) revealed that the system would allow online voting. Additionally, in 2013 the National Election commission ran an online voting system called K-voting. Meanwhile, the system has so far been used by more than 5.5 million people.

Blockchain Voting System Trials

However, trusts on the voting system remain very low due to hacks and fraud allegations. The latest system will leverage blockchain in voter registry verification and results’ recording. The government believes the system will improve transparency and security of the country’s voting systems.

Using the new system, voters will be able to use their cell phones and personal computers in the election process. The blockchain database will record data on a distributed network that will be accessible to all voters. Voting results and election progress will be assessable in real time from the National election blockchain system.

The Seoul national university blockchain society and the Korea internet and security agency surveys conduction will use blockchain election system. However, the surveys will begin next month. After the trials, the National election commission will determine whether the system qualifies in the country election.

South Korea Blockchain Voting System Trials

Blockchain- Next Generation of Online Elections Systems

According to the National Election Commission of South Korea, artificial intelligence, big data, and IoT might be adding to the voting systems. Moreover, blockchain innovations in South Korea get encouragement. Despite the countries hash ban on cryptocurrency and ICO.

Recently, the country’s capital announced that it will create a 100 billion won blockchain fund. Moreover, funds intend to serve as startup capital; to promising blockchain innovators in the country.

South Korea now joins the list of countries with national blockchain infrastructure. Switzerland and Australians made a significant progress towards having a fully-fledged blockchain infrastructure.

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South Korea to Start Blockchain Voting System Trials
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South Korea to Start Blockchain Voting System Trials
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The government authority of South Korea slates to develop blockchain voting system. It is scheduled to start trials within the private sector by December 2018.
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Jacob Okonya

Since 2013, Jacob has been engaged in blockchain technologies, Bitcoin, and fintech. He worked mostly as a blockchain market researcher, fintech journalist, and online forum moderator.Jacob has contributed to blockchain, Bitcoin, and fintech news articles, for coinidol.com, bitcoinira.com, and other various channels. Jacob’s vision is to disseminate information, contribute to business marketing, and develop the cryptocurrency industry. At STREAMITY exchange, Jacob is involved in creating articles and educational content for different project components, explaining how users can utilize the various resources. 39RTAmNRLQh3tLn5TJy6yY578vDVQuFVZw

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