Waves Enterprise and Ontology aim to solve one of the biggest
challenges of digital voting — user authentication and identification.
Waves Enterprise, a major technology company specializing in
blockchain-based solutions for businesses and governments, has inked a
new partner to streamline its e-voting service.
According to a
Dec. 16 announcement, Waves Enterprise has signed a memorandum of
understanding with blockchain platform Ontology to integrate
decentralized identification tools into the Waves Enterprise e-voting
system.
As part of the partnership, Waves Enterprise and Ontology
aim to solve one of the biggest challenges of digital voting — user
authentication and identification. The companies specifically plan to
apply Ontology’s new decentralized identity solution known as ONT ID.
Artem
Kalikhov, chief product officer at Waves Enterprise, told Cointelegraph
Ontology’s DeID technology will replace other traditional methods like
email verification. “Right now we rely on traditional web
authentication, via registered email approach,” he said.
Li Jun,
founder of Ontology, explained that the Ontology-powered e-voting
integration will require users to create their ONT ID first to bind
their personal data and credentials. “Then their voting records can be
traced on a chain which is not erased,” Jun noted.
Jun emphasized
that user privacy will not be compromised as ONT ID serves as a
decentralized entity. However, data like hashes or transaction numbers
can still be tracked, he said. “Users have the right to choose what
specific info they would like to share [because] the data is fully owned
by themselves,” Jun added.
According to Kalikhov, Waves
Enterprise is initially looking to integrate ONT ID as a module. “At the
initial stage, our blockchains will most likely operate separately from
each other,” Kalikhov said. The companies might make their blockchain
networks interoperable in the future.
The news comes shortly after Waves Enterprise publicly released its blockchain voting system
in November 2020. Targeting corporations and board governance, the
system uses blockchain to securely record each vote without having to
reveal the identity of individuals casting ballots.
This system has been previously trialed in Russia during the country’s parliamentary elections in September 2020. Kalikhov said that the newly released platform is somewhat different from the one used in Russia, as the deployment was based on “Russian cryptography” and different mechanisms for identification and anonymization.
source link : https://cointelegraph.com/news/waves-enterprise-partners-with-ontology-to-fix-blockchain-e-voting