Fun

Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%

News Feed - 2021-07-19 10:07:19

Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%


An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya reduce the cost of “running an election by up to 300 per cent.” Enhanced Transparency


As the breakdown of the costs shared by Abonyo suggests, using an electoral management system based on a blockchain will see the cost of the ballot going down to as low as $0.50. The candidate explained: The cost of a ballot in Kenya ranges between US$7 US$25 (Sh700-Sh2,500). If we use blockchain technology, this cost will go down to US$0.5 (Sh50). This is an area I would explore as a commissioner.


In addition to significantly reducing the running costs, one local media outlet, the Star, also quotes Abonyo detailing other benefits that could be realized and these include “greater security and transparency.” Further, improved transparency could increase trust in election systems and help to prevent a repeat of the post-election violence seen in 2007. The violence, which resulted in a serious humanitarian and economic crisis, had been sparked by allegations of electoral manipulation.


Credibility Enhanced With Blockchain


In his comments before the selection panel for the appointment of IEBC commissioners, Abonyo used the opportunity to highlight the extent of his confidence in blockchain technology. Still, the aspiring commissioner suggested he will step down if the credibility of elections he presides over is questioned. He said: I will listen to what observers are saying and other stakeholders like the voters themselves and if they are unanimous that the elections were not credible, I will step down.


However, Abonyo says he still expects any aggrieved party to follow due process. This according to Abonyo means he will only move to act once someone has lodged a complaint with the court. He explained:


“People are taken to court. I will not take myself to court. I will not go to court and accuse myself.”


Do you agree that blockchain technology can help enhance the credibility of elections? Tell us what you think in the comments section below. Jay-Z"s Entertainment Firm Roc Nation Buys Sensorium"s Metaverse Crypto Tokens BLOCKCHAIN | Jul 7, 2021 ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2 BLOCKCHAIN | Jul 2, 2021 Tags in this story Blockchain, Independent Electoral and Boundaries Commission, Kenya post election violence, Kenyan economic crisis, Transparency


Image Credits: Shutterstock, Pixabay, Wiki Commons, Stephen Butler Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Polymarket clinches MoonPay payments partnership amid US election betting frenzy
Alex O’Donnell6 hours agoPolymarket clinches MoonPay payments partnership amid US election betting frenzyPolymarket now accepts most fiat payments as well as crypto purchases with PayPal, according to MoonPay.2730 Tota
Venezuela Might Have Cryptocurrency ATMs Again Soon
Venezuela Might Have Cryptocurrency ATMs Again Soon While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to crypto
EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay
EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay Simone Mazzuca is the creator of EURST – the first representat
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and
Ezra Reguerra11 hours agoSmart contracts continue to rise amid market downturn: BNB Chain Q2 reportBNB Chain noted that the rise in verified smart contracts highlights the demand for security, reliability and scalability
Bybit crypto exchange launches trading platform in the Netherlands
Helen Partz11 hours agoBybit crypto exchange launches trading platform in the NetherlandsMajor global crypto exchange Bybit announced the launch of Bybit.nl as a new regulated crypto trading platform in the Netherlands.3
Prashant Jha13 hours agoSpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon MuskElon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact amount of company’s holdings remain u
Amaka Nwaokocha15 hours agoCDC report underscores importance of judge’s verdict in Ripple caseThe CDC expressed satisfaction with the ruling, which aligned with their amicus brief supporting Ripple.3519 Total views60 T
Traders eye $71.5K Bitcoin price as open interest jumps 13%
Ciaran Lyons6 hours agoTraders eye $71.5K Bitcoin price as open interest jumps 13%Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past
Ana Paula Pereira9 hours agoBitget and crypto influencer embroiled in legal saga after Reel Star token listing fiascoEvan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of ma
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS AttackAccording to a number of sources, one of the largest darknet markets in the world, Empire Market h
Nigerian court orders Binance to disclose all user data
Amaka Nwaokocha1 hour agoNigerian court orders Binance to disclose all user dataIn the motion, the lawyer representing the anti-graft agency contended that Binance’s activities in Nigeria contain elements of criminalit