Millions of Venezuelans Voted via Blockchain in an Unofficial Anti-Maduro Referendum

An unofficial referendum pursued by the Venezuelan opposition leader Juan Guaidó took space over the weekend in Venezuela powered by a blockchain platform, whereas on the identical time, parliamentary elections known as by the president Nicolás Maduro also had its scenario in a widely criticized, righteous by many worldwide locations as a “fraud.”

Venezuela’s Guaidó Orchestrated Parallel Referendum thru Blockchain Platform

In step with Spanish media outlet ABC, over 6.5 million Venezuelans solid their votes thru Voatz, a U.S. blockchain-powered platform frail for democracy-linked capabilities, the save residents were requested to determine on whether or not Maduro must light resign or not, and likewise restore world relations “to accommodate the humanitarian disaster and rescue democracy.”


Voatz supplied the probability to solid votes thru a cellular app from December 7 to 11 and via Telegram, a chat app widely frail among the many crypto neighborhood. Additionally, other folks can decide part on-living in selected areas all the contrivance in which thru the nation and foreign.

This kind of platform has been beforehand frail by authorities in West Virginia, Colorado, and Utah, but has also been the subject of controversy attributable to concerns about its security.

Guaidó made up our minds to orchestrate the parallel referendum attributable to his boycott of what he known as a “widescale fraud” over the weekend. Maduro’s administration took management of the Nationwide Meeting, which claimed victory by 70%, even when many worldwide locations dispute such a figure.

Emilio Graterón, a coordinator of the political remark of the unofficial referendum, commented about the protection introduced by the platform and the contrivance in which other folks would possibly maybe well feel protected that their identification just isn’t at possibility to close in the fingers of Maduro’s authorities:

The approach is legitimate, and the those who participated in-living on the present time [on Saturday] occupy their identification protected. There would possibly maybe well well not be any hint of participation, and they’ll leisure assured about it. All notebooks and ballots will doubtless be destroyed straight when the totalization transmission is full.

Venezuelan Opposition and Crypto Team

The truth that Guaidó is endorsing blockchain to pursue electoral processes just isn’t a surprising transfer among the many crypto neighborhood.

On November 20, 2020, stablecoin issuer Circle expressed its make stronger to the Venezuelan opposition leader, even referring to him as the “President-elect.”

Within the identical announcement, the company talked about that in collaboration with US-primarily based fully mostly fintech innovator Airtm, and coordination with the US authorities, they would possibly maybe well offer “Guaidó’s authorities” their make stronger thru a fund leveraged by USDC.

Invent you mediate that blockchain skills is sufficiently ready to be performed in electoral-linked processes? Permit us to know in the feedback part underneath.

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