We are excited to announce that we have released the Initial Alpha for the Follow My Vote stakeweighted blockchain voting software!
The alpha version runs on a blockchain using the open-source Graphene Blockchain Framework.
Features and functionality that can be explored in the alpha release include publishing of contests, casting votes, and tallying contest results. TLS Encryption using the blockchain as the certificate authority has also been established for client and server communication.
“I am excited to present the alpha of our stake-weighted voting system. Although it is not yet feature complete, this version has the core components, all utilizing a live Graphene blockchain as the data store and public key infrastructure. This alpha serves not only as a demonstration of our technology, but also as the foundation for development of our more advanced anonymous, verified identity system which we will use to run a parallel election to the United States Presidential Election in November.”
– Nathan Hourt, Co-Founder & CTO – Follow My Vote
Stakeweighted Voting Explained
Stakeweighted voting is not like voting in a typical political election. It is based on the idea that not all voters should have an equal amount of influence over the outcome of an election or contest. A great example is shareholder voting for a corporation. If you own 60% of a company, you would want to have voting power that corresponds with your level of ownership in the company.
Follow My Vote plans to offer shareholder and proxy voting services around the world. Learn more.
One of the first real applications for the stakeweighted voting software will be with Follow My Vote MERITs, which are digital crypto-currency tokens. When Follow My Vote is deciding on features to build into the open-source software, we will run stake-weighted polls within the voting software to prioritize development based on market demand. These polls will be weighted in MERIT. Therefore, holders of MERIT will help set the direction of Follow My Vote’s software development.
MERITs proved to be one of the more popular rewards offered during our Kickstarter campaign. We are excited to start getting feedback from both customers and supporters.
Is The Stakeweighted Voting Software For Political Elections?
No, the stake-weighted voting software is meant to be used for shareholder and proxy voting. Follow My vote is currently building functionality for 1 person 1 vote type elections, which will cater towards typical elections held by governments.
About Follow My Vote:
Follow My Vote develops open-source blockchain voting software that supports early voting from mobile devices and provides immediate transparency into election results by allowing voters to independently audit the ballot box to ensure that election results are honest.
About the author: Will Long is the Marketing Manager of Follow My Vote.