The future holds blockchain based voting systems

Source of article here:  http://bravenewcoin.com/news/factom-dreams-of-a-new-generation-of-blockchain-based-voting-systems/

“The transparent and decentralized nature of the blockchain network enables the development of a non-refutable, and unbreakable record of data, which can be applied to a diverse range of verification and authentication solutions.

Throughout the year established financial institutions, banks, governments, law enforcement agencies and leading educational organizations have disbursed millions of dollars researching these applications.

Some of these funds have gone toward a number of blockchain startups, geared toward the development of smart contract based identification, authentication and record validation platforms. Startups including Bitproof and Ascribe are leveraging blockchain technology to develop decentralized, automated, and unbreakable record keeping systems, enabling individuals to embed ownership claims and intellectual property rights into blockchain-based smart contracts.”

 

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