Blockchain
Upcoming Platform That Makes Online Voting Secure Using the Same Technology That Powers Bitcoin
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Blockchain, the same technology that powers Bitcoin, is driving a new platform that aims to improve the way we vote. Imagine being able to vote in the next presidential election from your home on a mobile device. No more waiting in lines to vote, no more inconvenient voting times and no more needing to worry about whether your vote was counted correctly. An American based technology company, Above The Median, LLC is designing such a platform, called PopulaVote, a name which is a portmanteau for Populations’ Vote. The platform plans to utilize new ways to store information on the blockchain.
With PopulaVote, people will be able to vote online by posting encrypted ballots to a secure decentralized database whose records are confidential but can be easily audited. This will make the process of voting simpler and faster. We’ve all seen the issues Florida had during its recount after the 2018 USA mid-term elections. PopulaVote aims to decrease the time it takes to recount an election from days to a matter of a few hours, with less expenses and a blockchain based paper trail included.
Blockchain technology is already being used across the world for Bitcoin transactions and payments and blockchain based voting applications can be used to perform free elections for democracies across the world, especially in countries where there is a desire for transparency from the government by the electorate. The blockchain is designed to maintain an auditable trail that can be used to prove to the public that a vote was fair and by an authorized person. Still, blockchain based voting is in its early stages. PopulaVote will become a pioneer in this technology with the goal that anyone will be able to easily participate in an election without unexpected problems outside of their control, such as crowded lines or voting machine malfunctions.
Come visit www.populavote.com to learn more about this exciting new blockchain based voting application and subscribe to find out when it launches and how you can get involved. You will be able to use PopulaVote to let your voice be heard. Blockchain is more than just for money. PopulaVote is re-imagining it in an all new way to create an easy, secure and traceable method to voice your opinion to the world.
SOURCE Above The Median, LLC
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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