Voatz raises $2.2 mln for its blockchain voting project

Voatz, already mentioned on the pages of Bitnewstoday in October 2017, when it managed to reach an agreement with the company that is responsible for the deployment of voting systems across America, has not been idle since then. It managed to raise over 2 million dollars for its prospective voting system based on blockchain advances.

The security of voting process, countering frauds or hack attacks became a common topic in the American governmental offices amidst the alleged attempts of hackers to interfere with the work of voting machines in 2016 in multiple states of this country. Naturally, the blockchain, widely considered as a good safeguard for data operations, has attracted both government officials and startups which focus on voting security. Voatz is one of such startups.

While cryptocurrency is, of course, not used in the blockchain projects like these, the wide use of blockchain will undoubtedly improve the reputation of digital coins. Even the most conservative figures note the usefulness of this technology for banking, audit, verification and supply chains. In fact, some figures are doing their utmost to separate cryptocurrency from blockchain, like Michael Bloomberg in one of his interviews to press.