{"id":3003,"date":"2017-10-19T00:00:00","date_gmt":"2017-10-19T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2017\/10\/19\/waves-and-the-liquid-democracy\/"},"modified":"2017-10-19T00:00:00","modified_gmt":"2017-10-19T00:00:00","slug":"waves-and-the-liquid-democracy","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/waves-and-the-liquid-democracy\/","title":{"rendered":"Waves and the Liquid Democracy"},"content":{"rendered":"
The Waves platform develops a new form of voting system based on blockchain, which they call “liquid democracy”. Certainly the blockchain technology allows for its versatility a wide possibility of applications, as for example in the case of electoral uses. Although to date no government or company has even implemented such a voting system, Waves is called to be a pioneer with the application.<\/p>\n
In the words of Waves CEO Alexander Ivanov, “Fair, efficient, transparent but anonymous voting systems are a clear use case for blockchain technology. This is an area that deserves more research and participation, and we believe we have something which is really worth to offer. “<\/p>\n
Existing electoral systems have significant limitations. “Liquid democracy” seeks to combine the advantages of representative and direct democracy, allowing voters to make a decision on their own or delegate it to an expert, as appropriate.<\/p>\n
The “Liquid Democracy” project is a collaboration between several organizations and research groups: The Blockchain Institute, Waves Platform, Ergo and Cryptography and Cyber \u200b\u200bSecurity experts Bingsheng Zhang and Hong-Sheng Zhou.<\/p>\n
The result will be a voting protocol that can be used in real-world systems.<\/p>\n