Blockchain and Democracy
Blockchain and Democracy
Author(s): Péter RacskóSubject(s): Governance, Welfare systems
Published by: Akadémiai Kiadó
Keywords: blockchain; consensus protocol; voting C88; D72; O33
Summary/Abstract: In the past few years in many countries people have experienced the erosion of trust in the main pillars of democracy, the voting and election systems. Many authors envisage the blockchain technology as a tool for restoration of trust (Tapscott 2016; Swislow 2016; Shin 2016). Our research is aimed at the potential use of blockchain technology in social systems for enhancing trust and increasing participation. We aim to explore whether the blockchain technology is suitable for voting or elections in large communities and the issues to be addressed for real world applications to leverage democratic rights. Our final conclusion is that there are both theoretical and practical obstacles in the way of such direct applications.
Journal: Society and Economy. In Central and Eastern Europe ǀ Journal of the Corvinus University of Budapest
- Issue Year: 41/2019
- Issue No: 3
- Page Range: 353-369
- Page Count: 17
- Language: English