Comparative Study of Blockchain-Based Voting Solutions

Abstract

AbstractThe election is one of the factors due to which democracy fails as a system in place. Today, countries like India, the US, and even Japan are still facing accusations like vote rigging, lack of transparency, and hacking of EVMs. The latest election held in India, even in a situation like this pandemic, has led us to question whether our government parties are not concerned about people's well-being in their fight for power or are simply turning a deaf ear to the issue. Voting is one of the core pillars of democracy. There have been continual attempts to improve the methodology and procedures for achieving a valid, open voting system. E-voting was one the solutions for solving some issues but due to security and privacy concerns, it was not widely adopted. Blockchain technology is an emerging, decentralized technology that is promising to improve various aspects of many industries. The solution to alleviate current problems in E-voting might be to extend E-voting further into blockchain technology. An Ethereum blockchain-based decentralized voting system, named MYVOTE that protects individual voter privacy and improves accessibility while ensuring fairness, protection, and cost-efficiency, is proposed in this paper. The system also preserves the confidentiality and ease of access of the individual voter while maintaining transparency, security, and efficiency in the voting process. The strong authentication mechanism is inculcated to ensure the authenticity of system.KeywordsBlockchainE-votingDecentralized architectureEthereum2-factor authenticationP2P network