Blockchain and its potential application in the electoral process

Greetings again my dear friends I hope you are all very well, undoubtedly Blockchain technology expands to any corner of the world and especially in any activity of human beings, any of us have heard about some application of Blockchain, of course, in cryptocurrencies, in the control of tax evasion, in administrative processes of companies and also in Venezuela a political movement proposes the use of Blockchain technology for the conduct of a primary.

This beautiful Caribbean country has been using Blockchain technology for a few years in the cryptocurrency market, this time this type of technology is intended to be used in another activity such as elections, and if we are guided by the main characteristics of the Blockchain, no doubt, it can play a great role in this type of political scenario.

Let us remember that Venezuela is immersed in a huge political crisis which has led to an economic crisis, therefore, in this type of scenario it is convenient that everything can converge through the democratic language, where Blockchain technology can become an element of great value to provide electoral security, remember that the main virtue of this technology is to offer a secure and reliable system because it is possible to certify transactions or events carried out with veracity.

If there is an appropriate or necessary element in an electoral event, it is the generation of trust and, at the same time, to provide guarantees of the results obtained, then Blockchain technology has all the qualities to fit properly in any electoral process, however, it is important to highlight some of the aspects that this type of technology can offer in elections and these are:

• Shortening the time to issue results.
• Promote greater voter participation, especially among the elderly and people with disabilities.
• Offer the possibility of digital voting to people outside their own country.
• Low implementation cost.

Undoubtedly, these are great and important characteristics offered by this type of technology and that sooner rather than later it will be implemented in many of our activities, including electoral activities, it is important to express that for this to be carried out successfully, it is necessary to have the appropriate personnel, i.e., trained in the field and thus ensure that the application of Blockchain technology is carried out properly and that its enormous usefulness in various of our activities can be evidenced.

The adoption of Blockchain technology is becoming more and more evident, that is why it has been called the technology of the future and there is less and less doubt about it, also with it the world of cryptocurrencies becomes more visible and appealing to new investors worldwide, we will remain attentive to the positive applications of Blockchain technology in the near future.

Until another opportunity my dear friends.