Cardano On The Table: Trump Reportedly Plans A New Blockchain-Based Federal Voting System

Source Bitcoinist

Speculation is growing around a potential new voting system for the US that could use blockchain technology, with the Cardano (ADA) and Hedera (HBAR) protocols reportedly at the forefront of this initiative. 

Plans For ‘eVote’ Platform?

According to Shawn, a member of the World Economic Forum (WEF) and the United Nations (UN), President Trump and the upcoming Department of Government Efficiency (DOGE), are exploring a “federal blockchain-based” voting and identity verification system.

Shawn disclosed this information on social media platform X (formerly Twitter), suggesting that the proposed system would be developed in collaboration with several key players, including X, Cardano, Hyperledger, and the Hedera protocol. 

The proposed legislation would supposedly require all states to implement the “eVote” platform, which is allegedly designed to “improve election integrity” in the United States.

Shawn claims that sources close to the matter indicate that President-elect Trump is particularly motivated to implement such a system to combat voter fraud, “expressing concern” about potential irregularities in the upcoming 2028 election. 

Shawn further noted that Hedera has received recognition from both the State Department and the White House for its commitment to advancing democratic processes, which may have been a key reason for its alleged involvement in such a development.

Cardano Founder Allegedly In Talks With Trump

Adding to the speculation, another user highlighted that Cardano has made significant advancements in this area, having worked with the state of Wyoming on voting systems for the past few years. 

The user mentioned Cardano’s development of a decentralized identity system, currently in use for student IDs in regions like East Africa, suggesting that this experience positions the platform well for future voting applications. 

Notably, it was further alleged that the founder of the Cardano blockchain, Charles Hoskinson, is reportedly in talks with the Trump administration about these initiatives.

Jake Hoffman, a Republican and chair of the National Young Republicans, has expressed support for the idea, stating, “This is the way to save elections. I called for an ‘Election Blockchain Task Force’ in 2021 to explore the same concept, but it got left out of state election integrity overhauls.”

Despite the growing buzz, it is important to note that no official statements have been made by either the founders of Cardano or Hedera regarding their involvement in this proposed voting system. 

In addition, Shawn has yet to provide concrete sources for his claims, and no official announcements have been made by the President-elect’s administration.

Cardano

At the time of writing, Cardano’s native token, ADA, is trading at $0.596, recording a substantial 77% increase in the two-week time frame, outperforming the top ten largest cryptocurrencies on the market. 

Featured image from DALL-E, chart from TradingView.com

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, Mon
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Crypto Exchanges Witness Historic Institutional Surge: Binance Takes the Lead in 2024The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits. This trend highlights the increasing confidence of institutional investors in digital assets, […]
Author  Bitcoinist
Dec 04, Wed
The cryptocurrency exchange market appears to have undergone a transformative shift in 2024, driven largely by a significant uptick in institutional activity. According to insights shared by CryptoQuant on its QuickTake platform, major exchanges are witnessing unprecedented growth in Bitcoin and USDT deposits. This trend highlights the increasing confidence of institutional investors in digital assets, […]
placeholder
Gold price rebounds swiftly from over one-week low; focus remains on US NFP reportBets for a less dovish Fed might cap gains for the XAU/USD ahead of the US NFP report.
Author  FXStreet
Dec 06, Fri
Bets for a less dovish Fed might cap gains for the XAU/USD ahead of the US NFP report.
placeholder
Market Expert: Not Long On XRP? You’re ‘Disrespecting’ YourselfAnalysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark.
Author  NewsBTC
Dec 06, Fri
Analysts continue to believe in the potential price surge of XRP, predicting that it is still feasible that the crypto will hit the $3 mark.
placeholder
Nearly $3 Billion in Bitcoin and Ethereum Options Expire Today Amid Mixed Market SentimentToday, approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, creating significant anticipation in the crypto market.Expiring crypto options often leads to notab
Author  Beincrypto
Dec 06, Fri
Today, approximately $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are set to expire, creating significant anticipation in the crypto market.Expiring crypto options often leads to notab
goTop
quote