Hundreds of thousands of Venezuelans Voted by way of Blockchain in an Unofficial Anti-Maduro Referendum

An unofficial referendum pursued by the Venezuelan opposition chief Juan Guaidó came about over the weekend in Venezuela powered by a blockchain platform, whereas on the identical time, parliamentary elections known as by the president Nicolás Maduro additionally had its situation in a broadly criticized, certified by many international locations as a “fraud.”

Venezuela’s Guaidó Orchestrated Parallel Referendum by way of Blockchain Platform

In response to Spanish media outlet ABC, over 6.5 million Venezuelans forged their votes by way of Voatz, a U.S. blockchain-powered platform used for democracy-related functions, the place residents had been requested to resolve whether or not or not Maduro ought to resign or not, and likewise restore worldwide relations “to deal with the humanitarian disaster and rescue democracy.”

Voatz provided the chance to forged votes by way of a cellular app from December 7 to 11 and thru Telegram, a chat app broadly used among the many crypto group. Additionally, individuals can take part on-site in chosen areas throughout the nation and abroad.

Such a platform has been beforehand utilized by authorities in West Virginia, Colorado, and Utah, however has additionally been the topic of controversy as a result of considerations about its security.

Guaidó determined to orchestrate the parallel referendum as a result of his boycott of what he known as a “widescale fraud” over the weekend. Maduro’s administration took management of the Nationwide Meeting, which claimed victory by 70%, though many international locations dispute such a determine.

Emilio Graterón, a coordinator of the political command of the unofficial referendum, commented in regards to the safety introduced by the platform and the way individuals might really feel secure that their identification will not be in danger to finish within the palms of Maduro’s authorities:

The method is dependable, and the individuals who participated in-site as we speak [on Saturday] have their identification protected. There won’t be any hint of participation, they usually can relaxation assured about it. All notebooks and ballots can be destroyed instantly when the totalization transmission is full.

Venezuelan Opposition and Crypto Group

The truth that Guaidó is endorsing blockchain to pursue electoral processes will not be a stunning transfer among the many crypto group.

On November 20, 2020, stablecoin issuer Circle expressed its help to the Venezuelan opposition chief, even referring to him because the “President-elect.”

In the identical announcement, the corporate stated that in collaboration with US-based fintech innovator Airtm, and coordination with the US authorities, they may supply “Guaidó’s authorities” their help by way of a fund leveraged by USDC.

Do you assume that blockchain expertise is sufficiently ready to be applied in electoral-related processes? Tell us within the feedback part under.

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