An unofficial referendum pursued by Venezuelan opposition leader Juan Guaidó took place in Venezuela this weekend, powered by a blockchain platform, while at the same time the parliamentary elections organized by President Nicolás Maduro also had their scenario in a lot of criticism, by many qualified countries as a “fraudster”.

The Guaidó orchestrated parallel referendum in Venezuela through the Blockchain platform

According to Spanish media ABC, more than 6.5 million Venezuelans voted through Voatz, an American blockchain-powered platform used for democracy-related purposes, where citizens were asked to decide whether or not Maduro should resign, as well as to restore international relations’ to address the humanitarian crisis and save democracy. “

Voatz offered the opportunity to cast votes from December 7 to 11 through a mobile app and Telegram, a chat app widely used by the crypto community. Also, people can participate on-site at selected locations across the country and abroad.

Such a platform has previously been used by authorities in West Virginia, Colorado and Utah, but has also been the subject of controversy due to safety concerns.

Guaidó decided to orchestrate the parallel referendum because of his boycott of what he called a “large-scale fraud” over the weekend. Maduro’s government took control of the National Assembly, which claimed victory by 70%, although many countries dispute such a figure.

Emilio Graterón, a coordinator of the political leadership of the unofficial referendum, commented on the security the platform provides and how people could feel safe that their identity is not in danger of falling into the hands of the Maduro government:

The process is reliable, and the people who attended the site today [on Saturday] have their identity protected. There will be no trace of participation, and they can be sure of it. All notebooks and ballots are immediately destroyed when the totalization transfer is complete.

Venezuelan opposition and crypto community

The fact that Guaidó supports blockchain to pursue electoral processes is not a surprising move within the crypto community.

On November 20, 2020, stablecoin issuer Circle expressed his support for the Venezuelan opposition leader, even calling him the ‘elected president’.

In the same announcement, the company said that in collaboration with US-based fintech innovator Airtm and in coordination with the US government, they could provide the “Guaidó government” their support through a fund used by USDC.

Do you think blockchain technology is sufficiently prepared to be implemented in election-related processes? Let us know in the comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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