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| Name | Blockchain Network For Voting Purpose? Check Out How. |
| Video Uploader | Video From Finance With Sharan |
| Upload Date | This Video Uploaded At 03-10-2022 14:30:08 |
| Video Discription | Blockchain will revolutionize how you vote š³ What if I told you that you could vote from home without the fear of any mismanagement or fraud? You'd be like kya phook kya be, but the change is inevitable. Last general election voter turnout was a record high 67%, which is the highest ever. With newer technologies, criminal activities like vote tampering and ballot box looting will become nonexistent. One such technology that is yet to be implemented is āØBlockchain TechnologyāØ Under the blockchain, users would be able to vote for their candidate and their vote data will be handled by the rest of the nodes in the blockchain. To make any changes in the block, one would have to hack into more than half the nodes in the system which would be highly impractical. This would stop candidates from being able to bully voters, tamper with the vote count, steal the ballot box, and other malicious practices. The application of such a system may not be practical currently due to high energy and technological requirements. However, in the following years with new innovations in the field, we'll be able to see it in action. šš» Disclaimer: All characters portrayed are fictional and for entertainment purpose only, and bears no similarity to anyone living or dead. #financewithsharan #crypto #blockchain #blockchaintechnology #financetips |
| Category | Education |
| Tags | Finance with sharan | Blockchain | Blockchain technology | Crypto | Cryptocurrency | Finance |
