An unofficial referendum pursued by the Venezuelan opposition chief Juan Guaidó came about over the weekend in Venezuela powered by a blockchain platform, whereas on the identical time, parliamentary elections referred to as by the president Nicolás Maduro additionally had its state of affairs in a broadly criticized, certified by many nations as a “fraud.”
Venezuela’s Guaidó Orchestrated Parallel Referendum by way of Blockchain Platform
In keeping with Spanish media outlet ABC, over 6.5 million Venezuelans forged their votes by way of Voatz, a U.S. blockchain-powered platform used for democracy-related functions, the place residents had been requested to determine whether or not or not Maduro ought to resign or not, and in addition restore worldwide relations “to handle the humanitarian disaster and rescue democracy.”
Voatz supplied the chance to forged votes by way of a cellular app from December 7 to 11 and thru Telegram, a chat app broadly used among the many crypto neighborhood. Additionally, individuals can take part on-site in chosen areas throughout the nation and abroad.
Such a platform has been beforehand utilized by authorities in West Virginia, Colorado, and Utah, however has additionally been the topic of controversy as a consequence of issues about its security.
Guaidó determined to orchestrate the parallel referendum as a consequence of his boycott of what he referred to as a “widescale fraud” over the weekend. Maduro’s administration took management of the Nationwide Meeting, which claimed victory by 70%, though many nations dispute such a determine.
Emilio Graterón, a coordinator of the political command of the unofficial referendum, commented concerning the safety introduced by the platform and the way individuals might really feel protected that their id will not be in danger to finish within the fingers of Maduro’s authorities:
The method is dependable, and the individuals who participated in-site right this moment [on Saturday] have their id protected. There is not going to be any hint of participation, and so they can relaxation assured about it. All notebooks and ballots will probably be destroyed instantly when the totalization transmission is full.
Venezuelan Opposition and Crypto Neighborhood
The truth that Guaidó is endorsing blockchain to pursue electoral processes will not be a stunning transfer among the many crypto neighborhood.
On November 20, 2020, stablecoin issuer Circle expressed its help to the Venezuelan opposition chief, even referring to him because the “President-elect.”
In the identical announcement, the corporate stated that in collaboration with US-based fintech innovator Airtm, and coordination with the US authorities, they may supply “Guaidó’s authorities” their help by way of a fund leveraged by USDC.
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