The Association of Cryptocurrency Enterprises and Startups in Singapore (ACCESS) has tested the voting system based on the Ethereum blockchain.
According to the developers of the system the main problems of traditional voting systems is the lack of anonymity and the possibility of manipulating public opinion. With the help of the blockchain, ACCESS ensured the lack of communication between the voters and the votes, which means it ensured anonymity.
The blockchain voting process helps uphold the true values of democratic voting in ensuring authentic votes are being legitimately accounted for with a transparent audit trail. We are seeing the future of corporate governance through the implementation of blockchain technology starting with our most important corporate governance event, our AGM.
The ACCESS chairperson
For voting, ACCESS participants used the generated QR codes stored in a special smart contract. Voting status was also controlled through this smart contract, which eliminated the re-cast of votes.