Skip to main content

No More Hanging Chads!

The 2000 presidential election is probably the first election that I paid attention to and I will never forget the ubiquity of phrases like "hanging chads" and "dimpled chads." These phrases refer to punch card ballots that were used in some precincts and that were essentially defective. Hanging chads occur when the perforated portion of a ballot does not completely detach. Dimpled chads occur when the portion of the ballot that should be perforated is simply dented or dimpled. In the 20 years (wow!) since that suspenseful election (and controversial Supreme Court decision), the vast majority of precincts in the U.S. have adopted some form of electronic voting or scan voting. Will blockchain be part of the next wave of voting changes?

This post is coming at a funny time in light of the national debate currently taking place about widespread voting by mail. I won't get into that but I will think out loud (or in writing) about the potential for blockchain to be a part of this next evolution. Blockchain's immutability offers a response to commonly raised concerns about tampering and security (at least insofar as those concerns relate to fraud as opposed to outright subversion). There are a host of options, including biometric markers or facial recognition, that can be used to verify a voter's identity. One of blockchain's biggest obstacles in general has been scalability and the ability to validate significant volumes of transactions. This obstacle remains even in the context of voting. Finally, if we're talking about mobile voting, there are access issues (digital divide) that come into play.

I like the idea voting on a blockchain (shocker!) because I see real potential for increased access to voting and faster, more reliable results. If you're interested in reading up on blockchain and voting, here's a good paper from Plymouth University. For a counterview, check out this article. Let me know what you think!

Comments

Popular posts from this blog

Before You Mint Your NFT

With NFT season taking a bit of a breather (kinda), I thought this would be the perfect time to lay out a few things to consider before minting an NFT.  If you missed the frenzy, well, welcome. "NFT" stands for non-fungible token and these digital tokens represent real world ownership and provenance of a particular asset. NFTs are minted (i.e., produced), stored and transacted (bought/sold/traded) on a distributed ledger like blockchain. Some NFTs represent ownership of tangible assets and some NFTs are digital/virtual assets  (yes, a digital piece of art was purchased for $69M). "Non-fungibility" is a scary word but it essentially means that the asset is unique, cannot be interchanged with another asset, and cannot be replicated. Think of NFTs as either collectibles, like artwork and trading cards, or title to tangible/real property, like real estate and cars.  So with all the excitement having simmered down a bit, below are a few things to think about before you

The Rundown on CBDCs

Everyday there is a news report about a country that is "exploring" or "studying" the possibility of developing a central bank digital currency (CBDC). In the past few days, I've read articles about Rwanda, Israel and France looking to pilot programs with CBDCs. And yesterday, the Bank of International Settlements announced its backing of the development of CBDCs. With approximately 80% of central banks around the world taking a closer look at CBDCs, now is as good a time as any to learn more about them. What Are They? A central bank digital currency is exactly what it sounds like--a digital currency issued by a central bank. In the same way our central bank, the Federal Reserve, issues the U.S. dollar, it would similarly issue some official U.S. digital currency ('digital dollar'). This is pretty much where the simplicity of it all ends. Things get really hairy (really fast) when central banks have to figure out how CBDCs fit into a traditional financ

New home. Who dis?

This post will be short and not blockchain-related. I recently moved my blog to a new platform so I'm still working out the kinks on the aesthetic aspects. Thanks for your patience!