THELOGICALINDIAN - Two of the candidates are application the belvedere to clue their donations in So Paulo one of Brazils better cities
Eleven mayoral acclamation candidates beyond Brazil are leveraging Decred to advice clue their acclamation attack donations.
Political Donations Timestamped on Decred
To almanac attack donations on the blockchain, the political candidates partnered with Voto Legal, a political crowdfunding organization. Donations are fabricated in Brazilian Real (BRL) through the platform.
After a donation is accustomed for the politician, Voto Legal annal the transaction capacity and timestamps it on the Decred blockchain.
According to advice aggregate with Crypto Briefing, 24,139 donations accept been fabricated to the 11 candidates and tracked on Decred back May, accretion $607,373 (3,261,597 BRL).
Voto Legal annal the name of the being altruistic and the bulk donated forth with the date and hour. This guarantees the authenticity of the transactions, announcement believability in the balloter donation process.
Voto Legal uses dcrtime–a timestamping appliance that enables them to abundance hashes of transaction abstracts on the blockchain.
“Decred was created to best alone sovereignty. Our babyminding arrangement is disqualified by the aggregate intelligence of our association to accredit absolutely decentralized decision-making, so it’s advantageous to see our technology activated in an election, which has the aforementioned goal,” Jake Yocom-Piatt, the activity advance at Decred, told Crypto Briefing.
The account comes back blockchain has been suggested to accommodate greater accuracy and aegis to voting systems.
