Votem now runs Council on Elections of USA

Votem will see public and private entities join forces in making US voting system secure
16 March 2018   578

Votem announced its founding membership Sector Coordinating Council for the Election Infrastructure Subsector of the Department of Homeland Security. The Council serves as a bridge between different governmental organizations like DHS, EAC, NASS, NASED, etc. The main purpose of the Council is to oversee the cooperation between public and private sector in the improvements of security of voting infrastructure of the US. Along with Votem, there are 23 companies, all private segment, that are bound to enhance threat-resistance and confidentiality of the American elections. Firms starting with election providers and finishing with major media publications offer the support in creating a better environment for domestic elections.

Votem is honored to be a founding member of the Sector Coordinating Council (SCC) which was formed to defend the U.S. elections infrastructure. We believe that the SCC, in conjunction with the Government Coordinating Council (GCC), will help usher in an era of unprecedented security in our elections.

 

Pete Martin

CEO, Votem

Votem is a unique company on the list as it is a blockchain-based mobile voting platform. It allows citizens of any particular country around the world to easily take part in an online voting at any moment. The platform has already conducted 9 private and public voting sessions. Thus, the level of transparency and confidentiality Votem can provide to the system ensures the proper address of the current issues the US election infrastructure is facing, especially in the wake of meddling scandal and the coming Midterms 2018.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.