Russia’s upcoming constitutional amendment vote will be implemented by Blockchain technology according to Moscow government’s official website. Voters in Moscow can sign up for Vladimir Putin’s constitutional amendment Blockchain powered e-voting, starting this weekend.
System to ensure transparency
The e-voting is scheduled to take place between June 25 and June 30 through the e-voting system that will be backed by the Blockchain to ensure security and transparency. As officially announced, Blockchain will help anonymize and encrypt each vote to provide safety and immutability of data. There is a lot of trust in this e-voting system because the Blockchain “does not have a single server” and is hence “almost impossible to hack” according to the official announcement.
The official statement reads;
“The safety and transparency of electronic voting will be ensured by Blockchain technology. Such a network does not have a single server: in order to change the information regarding bulletins, it is necessary to obtain the approval of most network participants, so the chain is almost impossible to hack. The vote itself is anonymized and encrypted.”
Vote could hand Putin twelve more years
The Moscow government did not specify the kind of Blockchain system that was going to be in use during the vote. It is also not clear what company would help in implementing the technology during the vote. The vote is likely to polarize opinion because Russians will be seeking to decide whether current leader Vladimir Putin, will be serving two more six-year terms until 2036 or not. If the motion to hand Putin another twelve years at the helm fails, he will have to vacate office in 2024.
It seems a bit ironic that a Blockchain powered system will be used to decide the political fate of Russia’s long serving leader, because his administration has so far failed to introduce legislation for the crypto industry. The Russian president may yet play a pivotal role in advancing one of the biggest crypto markets in the world if the deadlines he has set for some crypto regulations is adhered to.
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