Chainlink partners with the U.S. government: Paving the way for elections on Blockchain

Chainlink, the decentralized oracle network, is expanding its collaboration with various agencies of the U.S. government to bring government functions onto the blockchain. Sergey Nazarov, co-founder #Chainlink , stated that these partnerships will start with providing public economic data to the crypto market, but have a long-term goal of bringing the U.S. electoral system onto the blockchain.

The bigger goal: Elections on Blockchain

According to Nazarov, this collaboration aims to build trust with the U.S. government. While initial projects may not be too bold, this is a "low-risk, efficient" approach for the government to get familiar with the blockchain ecosystem. The ultimate goal is to use blockchain to verify identities and ensure the integrity of elections. Nazarov asserts that this technology is "ready," but full deployment depends on political will, not technical issues. $LINK

Political potential and challenges

Nazarov mentioned that he has discussed with various groups in Washington about using blockchain to verify identities in elections. Although the technology could help address trust issues, implementing such a system still faces complex political challenges related to privacy and identity. However, the support of the Trump administration for crypto is a positive sign, indicating the tremendous potential of blockchain in improving public services and enhancing transparency. #anhbacong