Modern York condition may soon examine the utilize of blockchain technology in its election processes. Assemblyman Clyde Vanel introduced Bill Aiming to assess how blockchain can support the transparency of elections and reduce voters’ fraud.
The initiative appears at a time when blockchain adoption gains adhesion in the US under the novel presidential administration.
Blockchain for providing “uncensored truth”
The Vanel Act, submitted to the Committee on Electoral Law, deals the Modern York Electoral Council with the assessment of the systems in the chain as tools to provide what means “uncensored truth” in democratic processes. If it is approved, the management will examine similar initiatives in other states and will present a comprehensive report for 12 months.
Although the proposal is currently under review of the Commission, it must undergo several legislative stages – including gatherings and votes of the Senate – before reaching the governor’s desk for final approval. This means the fifth version of Vanel’s legislation in the 2017 election, none of which has become the law.
Meanwhile, Modern York is more and more often Involved in blockchain and cryptocurrency policy. In 2023, a task group for cryptocurrency and blockchain was launched to examine the environmental and economic effects of digital assets.
Modern York was also a pioneer of regulatory framework for cryptocurrency companies, introducing Bitlicense in 2015 by the former Department of Financial Services Benjamin Lawsky.
Growing involvement in the USA in crypto among the changes in administration
Interest in digital assets increased from the re -election of President Trump, which included a March order in favor of developing the Bitcoin strategic reserve.
In response, over 15 US states have passed to the draft provisions supporting public investments in Bitcoin, and Arizona and Utah initially conduct efforts. However, Utah later removed the Bitcoin recipe from the proposed account.
In addition, legislators from different state lines examine various ways in which blockchain can support public infrastructure and government transparency. From digital identity verification to unchanging public documents, potential blockchain applications are still being tested in pilot programs throughout the country.
In the election space, a decentralized blockchain structure can offer an additional layer of protection against manipulation and disinformation, especially in controversial or high content.
If Modern York continues this assessment, the result may affect wider efforts to digitize and secure voting systems. While critics can question the scalability of blockchain or the availability of voters, supporters say that it offers manipulation resistant, auditing solution well suited for current management.
Vanel’s legislation can put the foundations under a more technologically integrated election process, which balances security innovations.
If it is handed over and successfully implemented, the Blockchain election report in Modern York can be used as a reference point for other countries considering similar funds, potentially preparing a stage in a nationwide change in the way democratic systems utilize novel technologies.
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