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One of the positive aspects of blockchain technology is that it has the potential to be more transparent than others. Of course, many have pointed out that the blockchain could help one of the most democratic processes in the world – the vote. It seems that Thailand is doing more than underlining, but it is actually implementing it.
Information on The Technology
The National Electronics and Computer Technology Center (NECTEC) of Thailand already has developed the technology allow voters to vote on the blockchain. Chalee Vorakulpipat, head of the NECTEC computer security lab, said: "Nectec has developed blockchain technology for electronic voting that can be applied to national, provincial or community elections as well business votes such as the board of directors. The goal is to reduce fraud and maintain data integrity. "
Everything an elector would need is identification and an Internet connection to participate in the elections. This would obviously save an excessive amount of time and money for both the government and the voters, who would not need to go to designated voting areas.
Other examples
It should be noted that Thailand is not the first country to implement, or attempt to implement, the vote based on the blockchain. In November of last year, apparently West Virginia tested out of technology. In addition, Zug, also considered the "encrypted capital" of Switzerland conducted a voting process based on the blockchain of success in June last year.
Unlike many other Asian countries, Thailand has embraced cryptocurrency and blockchain more than most of its neighbors. For example, the country was more open to the exchange of cryptocurrency and first offers of coins (ICO) compared to many other countries all over the world.
It is also important to note that the governor of the Bank of Thailand, Veerathai Santiprabhob, said that the same bank could even develop a cryptocurrency in November 2018, stating: "Like other central banks, our goal is not to immediately bring the CBDC [central bank-issued digital currency] in use, but rather to explore its potential and implications for back-office operations. "
