Voting, a mechanism to make decisions, an idea that has been introduced by the Greek Civilization back in 505-506 BC. But from 500 BC to 21st Century the mechanism of voting has remained the same. Go to a large public place, cast your vote, go back and get result in a few days or a month later.
One company is about to change that. And that company is Horizon State – A blockchain based voting platform.
Horizon State, is a company that is making blockchain based voting possible. An individual can cast a vote using Horizon State’s Decision token (HST), and by using Horizon State’s state of the art decision making platform, result’s from voting campaign can come out within a matter of hours. Think of it as a digitally secured Ballot box, which cannot be hacked and isn’t owned by anyone (thanks to Blockchain).
Collective decision making is an integral part of any functioning society. But not everyone has access to vote due to environmental or physical circumstances/challenges.
Information age did try solving this problem, but where the traditional Internet lacked was in the security aspect of the votes. Security that your vote will be safe and not tampered with.
Blockchain solves the problem of security, by replicating data across multiple nodes, which makes it potentially more difficult for an attacker to attack.
Coming back to the question as to why Horizon State matters now, is that the blockchain technology wasn’t possible a decade ago. Computational power were less, storage devices & internet were expensive but after the smartphone revolution the above mentioned problems are not there anymore.
With blockchain being possible now, it only makes sense that Blockchain based voting gain traction and Horizon State is one company that is leading this industry.
Horizon State is a blockchain-based platform and ecosystem that enables efficient vote casting and decision making processes. The platform operates through the use of their own token called the Decision Tokens (HST). These are used for running the decision and voting processes. A voter casts a vote using Horizon State’s Decision Tokens (HST) which is then stored on the Ethereum’s Blockchain Network. The fees of transaction verification is paid through the decision token ( HST is valued at $1.04 at the time of writing ).
Horizon State is currently engaging with governments, large corporations, blue-chip customers, local councils, unions, education facilities and non-profit organisations who will utilise the Decision Tokens for polling and voting processes.
Government’s as well as organisations are slowly opening up to the idea of digital votes. We should see some major development from Horizon State in this year (2018).
We are still in the infancy of Blockchain, and it’s a long road ahead. We have to see where it will lead to. New applications of Blockchain such as Horizon State will lead the Blockchain 2.0 revolution. Only time will tell how this company will evolve in the future.
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