Voting Over a Distributed Ledger: An Interdisciplinary Perspective

Amrita Dhillon, Grammateia Kotsialou, Peter McBurney and Luke Riley

Foundations and Trends(R) in Microeconomics, 2021, vol. 12, issue 3, 200-268

Abstract: This work discusses the potential of a blockchain based infrastructure for a decentralised online voting platform. When compared to monograph based voting, online voting can vastly increase the speed that votes can be counted, expand the overall accessibility of the election system and decrease the cost of turnout. Yet despite these advantages, online voting for political office is subject to fraud at various levels due to its centralised nature. In this monograph, we describe a general architecture of a centralised online voting system and detail which areas of such a system are vulnerable to electoral fraud. We then proceed to introduce the key ideas underlying blockchain technology as a decentralised mechanism that can address these problems. We discuss the advantages and weaknesses of the blockchain technology, the protocols the technology uses and what criteria a good blockchain protocol should satisfy (depending on the voting application). We argue that the decentralisation inherent in the blockchain technology could increase the public’s trust in national elections, as well as eliminate voter impersonation and double voting. We conclude with a discussion regarding how economists and social scientists can collaborate with the blockchain community in a research agenda on the design of efficient blockchain protocols and new voting systems such as liquid democracy.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:now:fntmic:0700000071

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