iit madras: First blockchain-based student council elections held at IIT-Madras
A blockchain is an unchangeable, distributed digital ledger. The transactions or records on the ledger which are stored individually are referred to as a 'block' and the information in a block is usually linked to the information in a previous block. This, over time, forms a chain of transactions, which is what the word blockchain refers to.
In view of the conduct of the election, the India Book of Records presented IIT-Madras students with a record of "Blockchain Software for Students Body Election."
Also Read
"This student-led project has the transformative potential to positively disrupt the way elections are held. By harnessing the inherent trust and immutability offered by blockchain technologies, this work demonstrates their impact on conducting elections..." said IIT-Madras, faculty-in-charge, Webops and Blockchain Club, professor Prabhu Rajagopal.
According to the officials, some of the key advantages of using blockchain technology for elections include considerable cost reduction, offering a tamper-proof process that is verifiable and bringing an innate trust in the election process.
( Details and picture courtesy from Source, the content is auto-generated from RSS feed.)
Join our official telegram channel for free latest updates and follow us on Google News here.