LIVE
JPMorgan Expands JPM Coin Deposit Token to Ethereum◆Crypto.com, Novig Sue Missouri Over Sports Betting Markets◆Anchorage on Bitcoin Market Structure Beyond Spot ETFs◆Cysic Halts Bridge After 10M CYS Minted on BNB Chain◆SEC Approves Cboe Binary Options Linked to Coinbase and MARA Metrics◆Ethereum ETFs Lose $320M in a Week as Bitcoin Outflows Slow◆Bitwise XRP ETF Reaches $541.12M in Net Assets◆UBS Forecasts Two More Fed Rate Hikes in 2026 and 2027◆US Bitcoin ETF Flows Keep Setting BTC's Market Direction◆MSCI to Remove Strategy, Crypto Treasury Firms From Indexes◆JPMorgan Expands JPM Coin Deposit Token to Ethereum◆Crypto.com, Novig Sue Missouri Over Sports Betting Markets◆Anchorage on Bitcoin Market Structure Beyond Spot ETFs◆Cysic Halts Bridge After 10M CYS Minted on BNB Chain◆SEC Approves Cboe Binary Options Linked to Coinbase and MARA Metrics◆Ethereum ETFs Lose $320M in a Week as Bitcoin Outflows Slow◆Bitwise XRP ETF Reaches $541.12M in Net Assets◆UBS Forecasts Two More Fed Rate Hikes in 2026 and 2027◆US Bitcoin ETF Flows Keep Setting BTC's Market Direction◆MSCI to Remove Strategy, Crypto Treasury Firms From Indexes◆
Homepage/Blockchain Technology/Ukrainian Official Has Partnered with NEM's Blockchain to Release a Voting Trial
BLOCKCHAIN TECHNOLOGYNEWS

Ukrainian Official Has Partnered with NEM's Blockchain to Release a Voting Trial

·1 MIN READ·
MakeThe CC Presspreferred onGoogle

Oleksandr Stelmakh, a member of the Ukraine Central Election Commission, commented on August 7 via his Facebook page about the current blockchain-powered trial. The project began in July after Stelmakh inspired several friends to take part in a “test vote” – designed in collaboration with the NEM Foundation and NEM’s blockchain protocol.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
1Key sections mapped in this report
0Internal references connected to related coverage
3External source domains cited in the article
1 minEstimated time to read the full report

A Ukrainian official is exploring the way blockchain technology could be integrated into the election system.

“One of the basic useful properties of the blockchain is the impossibility of making changes to the saved information …These are the properties we tried to use to save the information of the local ballot sessions,” Stelmakh stated, adding that:

“It must be noted that the experiment was held in the test environment of the blockchain NEM and for the transactions used by the test coins that were kindly given the representative of the NEM Foundation in Ukraine, Anton Bosenko. The blockchain test environment has 28 nodes. ”

As written by the official, costs for placing one node used in voting reaches $ 1,227, which in Stelmakh’s opinion is a “small” price for this kind of technology.

The blockchain-powered experiment on the voting process isn’t finished, and users are still able to participate in polls using “test coins”. The project represents the latest attempt to integrate blockchain technology for tabling votes – which aims to digitize the recordings and simplify the data verification mechanism.

SOURCE TRANSPARENCY
  • External Source - Referenced domain: scourt.gov.ua
  • External Source - Referenced domain: facebook.com
  • External Source - Referenced domain: nem.io
  • Byline - Reported by Adriana Mavrenko
  • Coverage Desk - Primary editorial category: Blockchain Technology
  • Media Asset - Featured image served from the WordPress media library