Credit: Original article published by Crypto Briefing Blog.

The results of the United States presidential election will be published on the EOS blockchain, according to an announcement from Everipedia.

How It Works

The Associated Press, a news agency that counts votes and declares winners for more than 7,000 election races, is working with Everipedia to publish election results on EOS. The effort will also make use of Everipedia’s Chainlink-based oracle service to ensure that vote data is handled accurately.

This approach to vote counting is not decentralized: the Associated Press will still count votes itself.

Everipedia will merely access that data via the news organization’s API. However, the blockchain will ensure that the election data is immutable and accessible. That data can even be used in prediction markets, Everipedia suggests, allowing users to bet on election results.

Everipedia will not publish all data about the election. Not all races will be called on election day (Nov. 3, 2020) either, meaning that the project will not be able to publish complete vote totals.

Blockchain and Elections

Because vote-counting is just one step of the election process, blockchain technology will be used minimally in this case.

Other voting projects utilize blockchain throughout the process. Several U.S. states have trialed Voatz, a blockchain-based voting app, as a way of handling e-voting. Sierra Leone, Russia, and Estonia have also tested blockchain-based voting. In those cases, the blockchain typically handles user registration and vote submission, not just the election’s publicly-available results.

Nevertheless, the scale that the Associated Press is working on is important. The fact that one of the United States’ largest news organizations has chosen to work with blockchain at all is notable—especially on an issue as sensitive as election results.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.



Comments are closed


Visit Our Other Websites - Premium Domain Names. - Ultra-Priviate DEX. - Classic Automobile News.