Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform By Cointelegraph



Medici Ventures, the blockchain-based subsidiary of Overstock.com (NASDAQ:), has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6.

The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate in official elections and similar events via mobile devices, such as smartphones or tablet computers. The platform is reportedly based on blockchain tech, encryption, and biometrics, and purports to provide better convenience, security, and auditability for voters and vote collectors.

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