Published on November 14th, 2017 | by bitcoin0
Parity Technologies and Kaspersky Lab Introduce Blockchain-based Voting System
Cybersecurity company Kaspersky Lab unveiled Polys, a secure online voting system based on blockchain technology and backed with transparent crypto algorithms, at the company’s annual Cybersecurity Weekend event in Dublin.
“[Online] voting imposes extremely stringent requirements on the security of every aspect of voting,” notes the Polys website.
Cybersecurity company Kaspersky Lab is leading Polys’s security development; Parity Technologies, a company specialized in blockchain and peer-to-peer software for the decentralized web, will support the project’s blockchain development.
“Parity Technologies is excited to be involved with Polys as their platform of choice for such an innovative project,” said Jutta Steiner, co-founder of Parity Technologies.
It’s also worth noting that, while blockchain voting has its delays and costs, it could be much faster and cheaper than traditional voting systems.