What is Blockchain? How Elections on Blockchain work?
Hello friends! Have you ever wondered if there is any guarantee that your vote is being registered and counted accurately when you go to vote in elections? Whether you are using electronic voting machines (EVMs) or ballot papers, it is important to know that your vote is being counted correctly. Currently, we have to trust the Election Commission (EC), a central agency, to ensure the proper functioning of the voting process and the accuracy of the vote count. But what if we could verify our own votes without having to rely solely on the EC or any other third party?
Have you ever wondered if your vote is truly counted? Well, it turns out that there is a technology called Blockchain that can ensure the integrity of voting systems. Blockchain is the same technology that Bitcoin is built upon. Some people believe that this technology has the potential to revolutionize the entire voting system. So, how does Blockchain work?
At its core, Blockchain is a technique for storing information in a decentralized manner. What does that mean? Let's take the example of the Reserve Bank of India (RBI). The RBI prints Indian rupee notes, such as the ₹500 note. The RBI guarantees that the value of this note is ₹500, and it is even written on the note itself. In this case, the RBI acts as a central authority that controls the production and value of Indian rupee notes worldwide. The RBI has the power to change the value of the notes or increase/decrease production as it sees fit.
On the other hand, currencies like Bitcoin operate on a decentralized system. There is no central authority that controls Bitcoin. Instead, it is a network of computers, known as nodes, that validate and store transactions. These transactions are recorded in a public ledger called the Blockchain. This ledger is distributed among all the nodes in the network, making it difficult for any single entity to manipulate or control the data.
So, how can Blockchain be applied to voting systems? By using Blockchain technology, it is possible to create a decentralized and transparent voting system. Each vote can be recorded as a transaction on the Blockchain, making it tamper-proof and verifiable by anyone in the network. This eliminates the need for a central authority to oversee the voting process and ensures that each vote is counted accurately.
In summary, Blockchain is a revolutionary technology that can be used to create secure and transparent voting systems. By leveraging the decentralized nature of Blockchain, we can ensure that each vote is accounted for and that the integrity of the voting process is maintained.