Blockchain
New York Times Profiles Voatz
Voatz is honored to be featured in The New York Times this morning in a story written by Pulitzer Prize winning reporter, Matthew Rosenberg.
The story identifies Voatz as the first and only voting app available for consideration by election officials to explore additional technology for better voting access. This attention is especially significant for Voatz as a young company that has spent five years building and piloting a voting platform that first and foremost offers better accessibility, security and resilience when compared to any of the existing options available to those whose circumstances make it difficult to vote in person. This includes our overseas military servicemen and women and those with disabilities.
Background ContextWe are often the subject of doubt, and new technologies are frequently the target of skeptics. A group of researchers, in an effort to trigger a media campaign geared to systematically disrupt a live election process, contacted The New York Times with allegations of vulnerabilities in our system. This effort resulted in a story.
After receiving and reviewing the full report, Voatz concluded that the report is fundamentally flawed, as detailed by our analysis below. Most telling, the foundation of the research is based on an Android version of the Voatz mobile voting app that was at least 27 versions old at the time of analysis. We highlight the flaws within the research and expose the agenda of the researchers below, which is aimed to thwart the process of innovation and progress for better voting access.
Voatz Analysis & Response to Researchers’ Flawed Report
Voatz wishes to acknowledge the enormous effort it must have taken for the team of researchers, two student researchers at MIT with Daniel Witzner, founder of MIT’s Internet Policy Research Initiative, to produce “The Ballot is Busted Before the Blockchain: A Security Analysis of Voatz, the First Internet Voting Application Used in U.S.”
Our review of their report found three fundamental flaws with their method of analysis, their untested claims, and their bad faith recommendations.
First, the researchers were analyzing an Android version of the Voatz mobile voting app that was at least 27 versions old at the time of their disclosure and never used in an election. Had the researchers taken the time, like nearly 100 other researchers, to test and verify their claims using the latest version of our platform via our public bug bounty program on HackerOne, they would not have ended up producing a report that asserts claims on the basis of an erroneous method.
Second, as the researchers admitted, the outdated app was never connected to the Voatz servers, which are hosted on Amazon AWS and Microsoft Azure. This means that they were unable to register, unable to pass the layers of identity checks to impersonate a legitimate voter, unable to receive a legitimate ballot and unable to submit any legitimate votes or change any voter data.
Third, in the absence of trying to access the Voatz servers, the researchers fabricated an imagined version of the Voatz servers, hypothesized how they worked, and then made assumptions about the interactions between the system components that are simply false. This flawed approach invalidates any claims about their ability to compromise the overall system. In short, to make claims about a backend server without any evidence or connection to the server negates any degree of credibility on behalf of the researchers.
The researchers have labeled Voatz as “not transparent”. With qualified, collaborative researchers we are very open; we disclose source code and hold lengthy interactive sessions with their architects and engineers. We educate them on the critical demands of election security; they give us feedback and educate us on new best practices based on their practical knowledge of security drawn from other industries.
Voatz has worked for nearly five years to develop a resilient ballot marking system, a system built to respond to unanticipated threats and to distribute updates worldwide with short notice. It incorporates solutions from other industries to address issues around security, identity, accessibility, and auditability.
We want to be clear that all nine of our governmental pilot elections conducted to date, involving less than 600 voters, have been conducted safely and securely with no reported issues. Pilot programs like ours are invaluable. They educate all election stakeholders and push innovation forward in a responsible, transparent way. For nearly two decades, the researchers and the community to which they belong have waged a systematic effort to dismantle any online voting pilots. These attempts effectively choke any meaningful conversation and learnings around the safe integration of technology to improve accessibility and security in our elections. The effect is to deny access to our overseas citizens, deployed military service men and women, their families, and citizens with disabilities.
It is clear that from the theoretical nature of the researchers’ approach, the lack of practical evidence backing their claims, their deliberate attempt to remain anonymous, and their priority being to find media attention, that the researchers’ true aim is to deliberately disrupt the election process, to sow doubt in the security of our election infrastructure, and to spread fear and confusion.
SOURCE Voatz
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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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