In the wake of coronavirus-pandemic, the importance of decentralization set by blockchain has ignited worldwide. Governments are coming up with various innovative solutions to support citizens’ interests towards transparency.
The commanding authorities are aiming to arrange better economical sustenance as a medium of hope and reliability on the existing authorities while deploying decentralized technologies.
Some similar efforts have been noticed in South Korea to provide a new blockchain voting platform to enable residents to “easily propose their opinions.”
As per the reports, Eunhee Cho, Chief Director of Seoul’s Seocho-gu constituency proposed a blockchain-powered e-voting platform for populaces to enable them to voice out their concerns democratically. The plans announced during the live International Forum on the 10th anniversary of the founding of Mokmin-Kwan Club.
Cho described decentralized innovations as the “fourth industrial revolution” while praising crypto-focused innovations which are mushrooming countrywide.
Seocho-gu is the leading city in innovation and demonstrating national standards for a long and if the proposal passes, the blockchain voting platform would be considered as the first initiative in the country enabling local citizens to elect administrations as per their wish. The online voting platform would be a completely transparent, reliable, secure way out to alleviate central monopoly and hacking concerns like personal information.
“Blockchain technology is overcoming spatial limitations, enabling real-time communication, designing so that all participants can obtain the same authority, securing transparency, reliability, and security”…“The blockchain technology is the most suitable for upgrading democracy”…” I look forward to becoming the foundation for that.” Cho explained in the online meeting.
“In the future, we plan to realize a direct democracy that everyone can trust by actively introducing blockchain to prevent security and forgery, and to this end, various businesses such as a blockchain academy that combines blockchain and administration, and smart senior business will be implemented.”
Also, South Korea is no less than any developing country as to cultivating blockchain experts. To foster professional manpower, an academy has been established by Cho that would provide a blockchain course with KAIST (South Korea’s national research university). Seocho-gu has produced almost 399 blockchain experts to scale the innovation further.