Blockchain Technologies Corps. Record Iowa Caucus Results on Blockchain
New York based Blockchain Technologies Corp., working with the Rand Paul campaign, has recorded the raw reporting results of the Iowa caucus precinct captains onto the blockchain using its product Votewatcher.com, creating a secure and lasting copy of the data which can be relied on to provide accurate information, free from alteration. Having the timestamped blockchain records mans that auditors can easily verify the original information and locate later additions.
Results were reported to IowaCaucus.net, which also has links to the official blockchain records. This is the first time that government election results have been recorded onto the blockchain and may signal a move towards taking advantage of the benefits blockchain systems would bring to voting.
Back in November last year, Blockchain Technologies Corp. announced it was looking into utilizing the immutable and anonymous nature of blockchain, along with the speed of the system, in order to produce voting machines to record ballots cast for different candidates, allowing results to be verified by the network and displayed in real-time. This was seen as a solution for the unreliable and much-criticized voting machines that had been used in recent years which led to low confidence in voting results and allegations of tampering and fraud. Using the blockchain would ensure total confidence in the way votes are recorded and tallied.
Even though the voting system used this time was provided by Microsoft, there were still problems reported, which raises the potential of blockchain solutions to be put in place for future events.
Results from the 2016 Iowa Caucuses have been reported as a historic moment, with the Democratic party being split by less than 1%. With such a narrow margin of error, accuracy and reliability are of the utmost importance, so using blockchain should be considered a prime method of ensuring this.