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Home Blockchain

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

by wireopedia memeber
November 15, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Speculation is growing around a potential new voting system for the US that could use blockchain technology, with the Cardano (ADA) and Hedera (HBAR) protocols reportedly at the forefront of this initiative. 

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Plans For ‘eVote’ Platform?

According to Shawn, a member of the World Economic Forum (WEF) and the United Nations (UN), President Trump and the upcoming Department of Government Efficiency (DOGE), are exploring a “federal blockchain-based” voting and identity verification system.

Shawn disclosed this information on social media platform X (formerly Twitter), suggesting that the proposed system would be developed in collaboration with several key players, including X, Cardano, Hyperledger, and the Hedera protocol. 

The proposed legislation would supposedly require all states to implement the “eVote” platform, which is allegedly designed to “improve election integrity” in the United States.

Shawn claims that sources close to the matter indicate that President-elect Trump is particularly motivated to implement such a system to combat voter fraud, “expressing concern” about potential irregularities in the upcoming 2028 election. 

Shawn further noted that Hedera has received recognition from both the State Department and the White House for its commitment to advancing democratic processes, which may have been a key reason for its alleged involvement in such a development.

Cardano Founder Allegedly In Talks With Trump

Adding to the speculation, another user highlighted that Cardano has made significant advancements in this area, having worked with the state of Wyoming on voting systems for the past few years. 

The user mentioned Cardano’s development of a decentralized identity system, currently in use for student IDs in regions like East Africa, suggesting that this experience positions the platform well for future voting applications. 

Notably, it was further alleged that the founder 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 National Young Republicans, has expressed support for the idea, stating, “This is the way to save elections. I called for an ‘Election Blockchain Task Force’ in 2021 to explore the same concept, but it got left out of state election integrity overhauls.”

Despite the growing buzz, it is important to note that no official statements have been made by either the founders of Cardano or Hedera regarding their involvement in this proposed voting system. 

In addition, Shawn has yet to provide concrete sources for his claims, and no official announcements have been made by the President-elect’s administration.

Cardano

At the time of writing, Cardano’s native token, ADA, is trading at $0.596, recording a substantial 77% increase in the two-week time frame, outperforming the top ten largest cryptocurrencies on the market. 

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

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