Richard Holden, professor of economics at the School of Business at the University of New South Wales says that The use of distributed registration technologies could dispel Republican concerns about postal electoral fraud, but would likely benefit the Democratic Party.
Holden spoke at the Unitize conference on July 9th about Blockchain Law and Economics. The university professor said that Distributed registration technology (DLT) has the potential to increase voter turnout and have a “significant impact” on the outcome of the US election.However, there are still problems with the overall integrity of the process.
The UNSW professor cited Republicans’ demands for postal voting, which Democrats believe will increase voter turnout. The results of Holden’s own study, conducted with a colleague in Massachusetts, showed this Population groups where the cost and participation in voter registration were lower (i.e. easier to vote) tended to mean the addition of new left-wing voters.
“Distributed registration technology could be an interesting defense against the idea of voting fraud by email.”Said Holden. “But in principle, DLT could be even more immune to these considerations. So it will play a very important role in the future because it has a potential political tendency, not intentionally but only implicitly. “.
Blockchain: unchangeable, not invulnerable
However, a report by the National Academies for Science, Technology and Medicine from 2018 says this Blockchain technology “solves few fundamental security problems in elections” and introduces “additional security gaps”.. The group stated that malware installed on a voter’s device has the potential to change a poll before it enters the blockchain.
Although Holden hinted that blockchain voting was taking place in the 2018 West Virginia midterm elections, he did not mention that local authorities reverted to more traditional voting methods after a security check by the Massachusetts Institute of Technology (MIT) in 2020. Their report revealed “vulnerabilities that allow different types of opponents to change, stop, or expose a user’s voice.”.
The economics professor said the topic is a loaded topic that is likely to lead to change, but in one way or another, the electoral law “needs to adjust.”