Nearly 30,000 blockchain votes were recorded in Russian elections — The most ever
Cointelegraph
Published Sep 15, 2020 10:16AM ET
Updated Sep 15, 2020 12:00PM ET
Close to 30,000 votes were recorded on the blockchain during the Russian parliamentary elections in what appears to have been the biggest case of blockchain-based voting yet. The blockchain component of the online voting platform was built by Waves Enterprise. The voting concluded early yesterday, and according to the chief product officer of Waves Enterprise, Artem Kalikhov, everything went off without any hiccups.
He told Cointelegraph that the elections took place on the permissioned network run by Rostelecom. The firm was contracted by Russia’s Central Election Commission, which, in turn, subcontracted Waves Enterprise to build the blockchain part of the online platform. The 10 nodes run by Rostelecom cannot be observed by the public. According to Kalikhov, this was done to prevent potential cyberattacks. He also believes that in the near future, Rostelecom will make its blockchain network observable to the public. All of the transactions have been published in the two comma-separated values files, nonetheless. This means that everyone is able to verify the cryptographic hashes of all transactions recorded by the platform.
Continue Reading on Coin Telegraph
Get The News You Want
Written By: Cointelegraph
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.