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01 March 2021

Voting evolved: Blockchain tech outshines paper ballots and e-voting

Voting evolved: Blockchain tech outshines paper ballots and e-voting


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Therefore, we can safely say that the traditional voting system has disadvantages not only when it comes to security and the time it consumes but also with the cost to organize the entire process in a seamless way?

Can we then say that internet voting is the solution to all the problems faced by the existing traditional ballot system.

This means that as the number of voters increases, blockchain voting takes way more time to finish the voting process.

For example, when the second smallest country in the world, Tuvalu, with a population of 10,600, plans to do its elections on the Ethereum blockchain, for example, it would take close to 11.5 minutes (10,600/15 = 706 seconds) for the entire voting process to be completed, but considering a country such as India, which has a population of 1.4 billion, it would easily take around three years for the entire voting process to finish on the Ethereum blockchain.

Presently, there are no players that have been effectively able to combine both blockchain and biometrics to offer a solution for voting.

Going by the challenges that we have discussed above, the truth is that in this internet era, if blockchain truly has to enable a seamless voting system of free and fair elections, it has to be combined with biometrics.

The debate and discussion will be around for a while on how the internet and the blockchain will eventually disrupt or not disrupt the voting process.

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