An unofficial referendum pursued by the Venezuelan opposition chief Juan Guaidó happened 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 international locations as a “fraud.”
Venezuela’s Guaidó Orchestrated Parallel Referendum through Blockchain Platform
Based on Spanish media outlet ABC, over 6.5 million Venezuelans forged their votes through Voatz, a U.S. blockchain-powered platform used for democracy-related functions, the place residents have been requested to resolve whether or not or not Maduro ought to resign or not, and likewise restore worldwide relations “to deal with the humanitarian disaster and rescue democracy.”
Voatz supplied the chance to forged votes through a cellular app from December 7 to 11 and thru Telegram, a chat app broadly used among the many crypto neighborhood. Additionally, folks can take part on-site in chosen places 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 attributable to considerations about its security.
Guaidó determined to orchestrate the parallel referendum attributable to 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 international locations 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 folks may really feel protected that their identification just isn’t in danger to finish within the palms of Maduro’s authorities:
The method is dependable, and the individuals who participated in-site immediately [on Saturday] have their identification protected. There won’t be any hint of participation, and so they can relaxation assured about it. All notebooks and ballots might 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 just isn’t a shocking transfer among the many crypto neighborhood.
On November 20, 2020, stablecoin issuer Circle expressed its assist to the Venezuelan opposition chief, even referring to him because the “President-elect.”
In the identical announcement, the corporate mentioned that in collaboration with US-based fintech innovator Airtm, and coordination with the US authorities, they may supply “Guaidó’s authorities” their assist through a fund leveraged by USDC.
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