- The Related Press—one of many world’s most trusted information sources—partnered with blockchain encyclopedia Everipedia in October.
- At this time it logged its projection that Joe Biden would be the subsequent president of the US on the blockchain.
- Because of this its prediction shall be logged for so long as the blockchain community continues.
The Related Press immediately logged its projection that Joe Biden would be the subsequent president of the US on the blockchain. The AP partnered with Everipedia, a blockchain firm that runs a decentralized encyclopedia, in October.
The thought is to publish the outcomes of the US election cryptographically on the blockchain as a result of, as says Everipedia, “In an period of misinformation, the necessity for verifiable info has by no means been larger.”
The AP called the consequence after Biden received the state of Pennsylvania immediately. The information was logged by Everipedia utilizing its OraQle software program—which runs on Chainlink (a software powered by Ethereum).
Incumbent President Donald Trump contested the election, calling Joe Biden’s win a fraud. Though the blockchain by no means lies, supporters of Trump might recite the “rubbish in; rubbish out” garble.
However contested elections theories apart, and even when there are vote recounts, for now Everipedia is sticking to the AP consequence.
“Firstly, the AP is the definitive supply of US elections since 1848 since Zackary Taylor received that election,” stated Sam Kazemian, Everipedia’s president, instructed Decrypt. “They’ve been counting nationwide votes since then. Most individuals do not know this. The AP is a nonpartisan, nonprofit group that’s not a part of the ‘mainstream media’ narrative that right-leaning individuals suppose.”
Kazemian added that the OraQle product “doesn’t touch upon the political legitimacy of the democratic and electoral course of.” He added: “Persons are mistakenly considering that as a result of the outcomes are on the blockchain, they’ve extra political legitimacy, that is not essentially the case. Legitimacy comes from the system, not the supply.”