• Coins 2,371
  • Markets 14,172
  • Market Cap 341,842,820,455
  • 24h CMC -8,905,420,921.10
  • 24h Vol 61,895,939,761
  • Dominance BTC 64.54 % | ETH 10.00 % | XRP 5.40 % | 

United Russia launches blockchain-based e-voting

The ruling party of the Russian Federation, United Russia, has launched a blockchain-based platform for electronic voting, local news agency TASS reported on March 6.

United Russia, the ruling party of the Russian Federation has recently launched a blockchain-based platform for electronic voting. The news came through local news agency TASS on March 6. The federation has allegedly launched an upgraded website with the added function of e-voting. Vyacheslav Sateyev, the IT Head further mentioned that vote counting process will be implemented using distributed ledger technology. He also stated:

"Candidates will be able to fill in their personal pages on this site, including posting news, videos, photos, distributing their pages. The personal account is now integrated with all social networks. We have also made an adaptive version of the site for mobile phones."

Furthermore, only citizens who have completed the authorization process on the portal can participate and vote. The e-voting system has been built to improvise on election transparency and eliminate intermediaries in the electoral process. 

The primaries hold deep rooted significance in eyes of United Russia for nominating party candidates, at all levels for general elections. However, the decisions made in the primaries do not serve as a necessary binding. 
As a matter of fact, the number of candidates who didn’t participate in primaries ran in the general elections for the state of Duma.

Last month, the city council of Moscow,submitted a bill to implement distributed ledger technology for an electronic voting system. The Moscow City Duma, a local parliament of the Russian capital, has laid a plan to protect results of electronic voting in the electoral process through the use of blockchain technology.

On December 18th, Russia conducted a regional election via the blockchain-based electronic polling system. More than 40, 000 participants in Saratov recorded their votes. The voting system named Polys has been developed by Kaspersky Lab in 2017.

Last month, the National Electronics and Computer Technology Center of Thailand announced that it will build an electronic voting system backed by blockchain technology.

TradeLens Trial

The Russian Ministry of Transport is planning to trial blockchain shipping solution TradeLens developed by IBM and Maersk as reported by Russian financial media Kommersant.

As per  the document, the Ministry of Transport will sign a memorandum of understanding with Maersk. The memorandum will be signed to launch a pilot of TradeLens in Russia’s second largest port, the Big port of St. Petersburg.

TradeLens is expected to reduce paperwork by deploying  smart contracts and connecting supply chain participants. These include collaboration of traders, transport companies and shippers via a decentralized network. As a matter of fact, blockchain tech can cut over 10 billion roubles ($152 million) in operational costs.