From CB Insights:

“Elections require authentication of voters’ identity, secure record keeping to track votes, and trusted tallies to determine the winner. In the future, blockchain tools could serve as a foundational infrastructure for casting, tracking, and counting votes — potentially eliminating the need for recounts by taking voter fraud and foul play off the table.

By capturing votes as transactions through blockchain, governments and voters would have a verifiable audit trail, ensuring no votes are changed or removed and no illegitimate votes are added. One blockchain voting startup, Follow My Vote, has released the alpha version of its stake-weighted end-to-end blockchain voting solution.”

About CB Insights:

CB Insights aggregates and analyzes large amounts of data using machine learning, algorithms and data visualization to help customers answer strategic questions using probability and data.

In order, the 30 big industries blockchain could transform according to CB Insights:

1. BANKING
2. PAYMENTS AND MONEY TRANSFERS
3. CYBERSECURITY
4. EDUCATION AND ACADEMIA
5. VOTING
6. CAR LEASING AND SALES
7. NETWORKING AND IOT
8. FORECASTING
9. MUSIC/ENTERTAINMENT RIGHTS AND IP
10. RIDE SHARING
11. STOCK TRADING
12. REAL ESTATE
13. INSURANCE
14. HEALTHCARE
15. SUPPLY CHAIN MANAGEMENT
16. CLOUD STORAGE
17. ENERGY MANAGEMENT
18. SPORTS MANAGEMENT
19. GIFT CARDS AND LOYALTY PROGRAMS
20. GOVERNMENT AND PUBLIC RECORDS
21. GUN TRACKING
22. WILLS AND INHERITANCES
23. RETAIL
24. CHARITY
25. LAW ENFORCEMENT
26. HUMAN RESOURCES
27. BUSINESS AND CORPORATE GOVERNANCE
28. CREDIT HISTORIES
29. 3D PRINTING/MANUFACTURING
30. CROWDFUNDING

Check out the CB Insights research brief for examples of companies transforming their industry with blockchain technology.

CB Insights Research Brief

Source: cbinsights.com

About the Author: Will Long is the Co-Founder & Marketing Manager of Folow My Vote.

The post Follow My Vote Named In CB Insights “30 Big Industries Blockchain Could Transform” appeared first on Follow My Vote.

The same can be said about the monopoly in America regarding news sources. In a world with seemingly endless choices on where to obtain your information on the latest news, it appears the competition is stiff. However, what most Americans do not understand is that competition (or at least what we perceive as competition among completely separate companies) is more like friendly fire and that certain markets are much more monopolized than we realize.

For example, Proctor and Gamble owns early 60% of laundry detergent, 75% of men’s razors, and 50% of toothbrushes, to name a few.

A similar statistic can be applied to the media as well, as six giant media corporations own 90% of all media the public sees. This is a drastic increase from 1983, when 50 companies controlled 90% of media. GE, Newscorp, Disney, Viacom, Time Warner, and CBS are these six giants; and, they control the news of over 270 million Americans, according to statistics.

Similarly, the giant corporations of Kraft, Coca-Cola, General Mills, etc. dictate a large part of the consumer market as they control several giant companies under their corporate umbrella.

This monopolization of markets by these giant corporations is changing the competitive landscape, as smaller and medium sized companies are being forced to compete against the market makers. In addition, corporations continue to buy smaller companies to further consolidate market share and tighten their grip on the industry.

In the case of the news companies, FCC deregulation allows these companies to continue to grow and expand their control over the market.

When taking all this into consideration, it becomes evident that the trend in corporate America is one that is threatening the ubiquity of markets and the rational allocation of resources that should exist in a truly capitalistic market, according to some economists.

WE at Follow My Vote want to know what you think.

Is the growing monopolization of industry a threat to consumer choice? Also, when it comes to the media, is the fact that nearly all news is controlled by six companies a threat to ensuring unbiased news reaches those who wish to consume it?

Billy Sharp

Sources:
zocalopublicsquare.org
businessinsider.com

The post Monopoly In America: How competitive is the market really? appeared first on Follow My Vote.

Fast forward six months and it seems to be all the media is talking about these days. And, we’re here to say, it’s ok! Talk away!!

The post Too Soon? appeared first on Follow My Vote.