Japanese political party adopts smart contract based voting from IOST
Japanese political party – SANSEITO has implemented GUILD VOTING, a digital voting application developed and provided by PHI- an IOST core community leader and developer in Japan. IOST’s smart contract will guarantee vote counting and voting mechanism, result storage, and data reliability.
For a collective and informed decision-making process, the voting framework must be mutually agreed upon by both the main organizations and their participants. This design of the voting system needs to ensure that the vote outcome should not act as a final consensus but rather, as one of the key reference data or factors for the consensus process. At the moment, Blockchain technology can be the best solution to be implemented and to guarantee data transparency and tamper-proof.
Political voting has a big potential application for blockchain technology. Several political parties around the world have tried out voting via blockchain, with Japan’s Sanseito to be the latest to join the fold.
SANSEITO — The Political Party and A Thank Tank
The party’s policy revolves around community engagement in which the members’ voices and ideas are highly valued as just like the board members. Local problems are considered, examined, and tackled in the community. SANSEITO creates a mechanism for local voices to be heard and aims to bring their ideas widespread beyond their local community and to other parts of the nation.
SANSEITO aims to create a political environment in which its supporters are empowered to join, solve and lead the political issues in the country, which aligns with IOST’s governance direction that focuses on decentralization and partner nodes’ critical involvement in the network.
The party has been expanding rapidly due to the growth of geographically dispersed party members and supporters. This expansion requires a practical and optimal solution for performing the entire decision-making process online. GUILD Voting system fits into the puzzle as the best digital voting to assist in the decision-making process of organizations with various constituent factors.
With a user-friendly interface, you can set parameters such as agenda creation/suggestion, voting format (YES/NO or selection), and participation rate and voting rate required for approval.
GUILD provides a framework for operating an autonomous decentralized organization online and proposes a new way of project-based organization. GUILD VOTING is one of the organization management functions that the PHI team is working towards. GUILD VOTING will benefit and improve the overall governance of your organization, groups, and communities to the next level.
About PHI Inc.
A professional group of developers who design organizational reforms and systems around the philosophy of the Distributed Autonomous Organization (DAO) and a leading partner node of IOST in Japan. PHI designs and develops secure systems of data sharing using distributed ledger technology (blockchain technology) or encryption.