logo
Plus   Neg
Share
Email

U.S. Presidential Candidate Yang Pushes For Blockchain-powered Voting

yang-modernvoting-090419-lt.jpg

2020 Democratic presidential candidate Andrew Yang advocates modernization of voting by using blockchain technology, according to his campaign website. He says there is no reason why one should still be waiting in line at polling stations to cast votes considering the technological advancement.

He added that the machines being used in most locales are also as vulnerable to tampering and hacking as modern technologies.

Yang attributes the low turnout of barely over 50 percent even in presidential elections to the hard and time-consuming voting process. The turnout is much lower during local and state elections.

As President, New York and Silicon Valley entrepreneur Yang intends to modernize the voting infrastructure to utilize modern technology to make it easier and more secure to vote, thus increasing the number of Americans participating in democracy.

Upon implementation, it should should enable Americans to vote using their smartphones, with verification done via blockchain. He added that those without smartphones could use the legacy system and lines would be very short.

Yang's goal is to make voting easier and more secure as well as reduce the inconsistent processes between states to restore confidence and engagement in the democratic process.

In April, Yang had released a new policy statement for crypto-assets on his election website. Yang said despite being a flourishing market for cryptocurrency, the U.S. does not have a national framework for regulating it, with several federal agencies claiming conflicting jurisdictions.

Yang aims to create clear guidelines in the digital asset world so that businesses and individuals can invest and innovate in the area without fear of a regulatory shift.

Born in New York as the son of Taiwanese immigrants, Yang is the founder of Venture for America (VFA).

For comments and feedback contact: editorial@rttnews.com

Follow RTT