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Voting Over a Distributed Ledger - An Interdisciplinary Perspective (Paperback)
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Voting Over a Distributed Ledger - An Interdisciplinary Perspective (Paperback)
Series: Foundations and Trends (R) in Microeconomics
Expected to ship within 10 - 15 working days
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Voting Over a Distributed Ledger: An Interdisciplinary Perspective
presents the case that electronic voting can improve accessibility,
leading to some positive outcomes. It can also lead to faster
counting and can be cost efficient. The authors document the
various problems with centralized electronic voting systems and
show how the blockchain can potentially overcome these problems.
The authors introduce the concept of distributed ledger technology
(DLT) (blockchains are a special case of DLT) and how they can
improve both the accessibility and trust properties of an online
voting system. This monograph is organized as follows. Section 2
focuses on centralized on-line voting systems (i.e., that do not
use distributed ledger technology), describing their general
architecture and outlining their vulnerable areas for manipulation.
Section 3 describes from scratch the distributed ledger technology
and how its promising features can be used for online voting.
Section 4 focuses on a special case of distributed ledgers, called
blockchains, and analyses the multiple ways (consensus protocols)
on reaching agreement on voting data. Section 5 discusses a
possible conceptualization on using a blockchain based
infrastructure for voting systems. Section 6 presents existing
blockchain based voting systems by categorizing them according to
the extent that they use this technology, concluding with details
of a recent academic implementation. Finally, Section 7 concludes
with open questions for economists and other social scientists
working in this area.
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