Swiss Town Tests Blockchain-Based Voting

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On 25 June 2018, the city of Zug, the town at the heart of Switzerland’s crypto valley, started testing a voting system based on blockchain technology.

©-Denis-Linine-_-Dreamstime.com_ - Click to enlarge

During the trial, which runs until 1 July 2018, around 200 voters will cast non-binding municipal votes on mock questions in a trial designed to identify any bugs in a system built by the company Luxsoft and the computer science department of Lucerne’s University of Applied Sciences.

In the Tweet below, Dolfi Müller, Zug’s mayor, can be seen casting the first vote on the blockchain system.

Instead of regular e-voting, which uses a central server, blockchain processing is decentralized, making hacking much more difficult. In addition, votes are anonymous.

If successful, blockchain voting could help counter one of the main arguments against regular e-voting: the risk of hacking.

Results of the test will be evaluated over the next two months and findings published after the summer break.

Dolfi Müller, Mayor of Zug casting the first vote on the #blockchain solution built in cooperation with CVA members @hslu & @luxoft and using the @uport_me app! #cryptovalley @coindesk @Cointelegraph @bravenewcoin pic.twitter.com/0P5EIEVqnd

— Crypto Valley (@thecryptovalley) June 25, 2018

About Investec

Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

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