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Romania is leading the way! Not only in the issuance of new Non-fungible Tokens, but also in counting election votes using Block chain.
Innovative technology application, Romania introduces Blockchain to ensure the accuracy of votes.
In the presidential election of November 24, 2024, the Romania Permanent Electoral Authority (ROAP) for the first time adopted Blockchain technology to calculate and verify the votes. This groundbreaking application allows people around the world to track transaction status in the public ledger through the real-time dashboard on the ROAP official website.
Image source: ROAP Romania uses Blockchain technology to calculate and verify votes. The public can track transaction status in the public ledger.
As of now, over 83,000 encrypted voting Blocks have been added to the Blockchain. Ovidiu Damian, a Romanian Blockchain developer at Pi Squared, shared this message on the community platform X, stating, 'Romania is cleverly using Blockchain technology to ensure the integrity of the elections.' The application of this technology not only demonstrates Romania's determination in digital transformation, but also highlights the practical value of Blockchain technology in democratic processes.
EU blockchain infrastructure support, strengthening the resilience of the election system
According to the announcement of the Romanian Special Telecommunications Service (Serviciul de Telecomunicații Speciale, STS), this system adopts the European Blockchain Services Infrastructure (EBSI), whose Nodes are distributed in 27 European countries. This decentralized architecture design not only ensures the stability of the system, but also greatly improves the security and credibility of the data.
The Special Telecommunications Service emphasized in a statement: 'The implementation of this modern technology aims to strengthen the resilience of the Romanian electoral system by ensuring traceability and increasing the trustworthiness of data integrity. More importantly, the digital fingerprints of this data will be anchored for the first time in the EBSI blockchain network developed by the European Commission, ensuring additional security and traceability.' This multi-layered mechanism design not only enhances the transparency of the election process but also provides an important reference example for the digital transformation of election systems in future countries.
Romanian blockchain development has achieved fruitful results.
As a country located at the intersection of Central Europe, Eastern Europe, and Southeast Europe, Romania has achieved significant milestones in the Blockchain industry. In 2023, the European government agency ICI Decentralized Services collaborated with the MultiversX Foundation to launch the Non-fungible Token trading platform 'ICI D | Services' based on the MultiversX Blockchain, bringing groundbreaking innovation to blockchain applications in government departments. Additionally, the Romanian National News Agency (Agerpres) also released the first official news recorded in the form of Non-fungible Tokens in 2024. These news contents are permanently recorded on the MultiversX Blockchain, pioneering a new form of media content preservation.
Image source: Agerpres, the Romanian national news agency, released its first official news recorded in the form of Non-fungible Token in 2024.
Block chain technology brings new standards to elections
Block chain expert Andu Tabacu commented on the innovative applications for the 2024 presidential election in Romania:
Whether you have participated in the speculative stage of blockchain or not, you must recognize that blockchain is becoming a truth machine with excellent application scenarios. It is the best technology for ownership and verification that exists today.
It is worth noting that the founders of MultiversX Blockchain, Beniamin Mincu, Lucian Mincu, and Lucian Todea, are all Romanians. Their innovation has not only expanded the country's influence in the blockchain industry, but also provided important technical references for the world. MultiversX's Sharding technology has even been hailed by Justin Bons, the founder and CIO of the oldest cryptocurrency fund in Europe, as the "Holy Grail of the cryptocurrency industry".
The innovative application of this presidential election could set a new standard for global government elections, demonstrating the positive value of Blockchain technology in enhancing transparency and data immutability. Through practical use cases, Romania has not only demonstrated its leading position in the application of Blockchain technology, but also provided valuable experience for other countries, ushering in a new era of government applications of Blockchain technology.
Romania is at the forefront! Not only issuance news Non-fungible Token, but also relying on Block chain calculation of election votes' This article was first published in 'encryption city'.