Published on June 9th, 2018 | by bitcoin0
Switzerland’s First Blockchain-Based Municipal Vote will be run by Crypto Valley’s Zug
The Swiss city of Zug will conduct a blockchain-powered trial municipal vote this summer, local media outlet Swissinfo.ch reported June 8.
The event, which is scheduled to take place between June 25 and July 1, will reportedly be Switzerland’s first municipal vote using blockchain.
According to the report, the upcoming trial vote will implement the city’s digital ID (eID) system that was launched in November 2017.
Having established “Crypto Valley”, a global hub for crypto and blockchain development, Zug has become one of the centers of “world’s leading ecosystems for crypto, blockchain, and distributed ledger technologies.” In 2016, Zug launched an initiative accepting Bitcoin (BTC) as payment for certain municipality services.
Thanks to the presence of “Crypto Valley” and the country’s tax-free policy for crypto investors, Switzerland is reportedly the number one most blockchain-friendly country in Europe.