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Cardano On The Table: Trump Reportedly Plans A New Blockchain-Based Federal Voting System

November 15, 2024
in Crypto/Coins
Reading Time: 3 mins read
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Hypothesis is rising round a possible new voting system for the US that would use blockchain know-how, with the Cardano (ADA) and Hedera (HBAR) protocols reportedly on the forefront of this initiative. 

Plans For ‘eVote’ Platform?

In accordance to Shawn, a member of the World Financial Discussion board (WEF) and the United Nations (UN), President Trump and the upcoming Division of Authorities Effectivity (DOGE), are exploring a “federal blockchain-based” voting and id verification system.

Shawn disclosed this info on social media platform X (previously Twitter), suggesting that the proposed system could be developed in collaboration with a number of key gamers, together with X, Cardano, Hyperledger, and the Hedera protocol. 

The proposed laws would supposedly require all states to implement the “eVote” platform, which is allegedly designed to “enhance election integrity” in america.

Shawn claims that sources near the matter point out that President-elect Trump is especially motivated to implement such a system to fight voter fraud, “expressing concern” about potential irregularities within the upcoming 2028 election. 

Shawn additional famous that Hedera has obtained recognition from each the State Division and the White Home for its dedication to advancing democratic processes, which can have been a key motive for its alleged involvement in such a growth.

Cardano Founder Allegedly In Talks With Trump

Including to the hypothesis, one other consumer highlighted that Cardano has made important developments on this space, having labored with the state of Wyoming on voting techniques for the previous few years. 

The consumer talked about Cardano’s growth of a decentralized id system, at present in use for scholar IDs in areas like East Africa, suggesting that this expertise positions the platform properly for future voting functions. 

Notably, it was additional alleged that the founding father of the Cardano blockchain, Charles Hoskinson, is reportedly in talks with the Trump administration about these initiatives.

Jake Hoffman, a Republican and chair of the Nationwide Younger Republicans, has expressed assist for the thought, stating, “That is the best way to avoid wasting elections. I known as for an ‘Election Blockchain Activity Pressure’ in 2021 to discover the identical idea, however it acquired not noted of state election integrity overhauls.”

Regardless of the rising buzz, you will need to be aware that no official statements have been made by both the founders of Cardano or Hedera concerning their involvement on this proposed voting system. 

As well as, Shawn has but to supply concrete sources for his claims, and no official bulletins have been made by the President-elect’s administration.

Cardano
The each day chart reveals ADA’s worth uptrend. Supply: ADAUSDT on TradingView.com

On the time of writing, Cardano’s native token, ADA, is buying and selling at $0.596, recording a considerable 77% enhance within the two-week time-frame, outperforming the highest ten largest cryptocurrencies in the marketplace. 

Featured picture from DALL-E, chart from TradingView.com

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Tags: BlockchainBasedCardanoFederalPlansreportedlysystemtableTrumpVoting
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