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Writer's pictureFahad H

Æternity Blockchain Brings ‘Liquid Democracy’ to Uruguay


Open supply decentralized utility (DApp)-focused blockchain Æternity will workforce up with the Uruguay Digital Party to optimize the nation’s democratic processes and inside voting.

According to a press launch shared with Cointelegraph on Oct. 3, the partnership goals to construct a brand new system whereby Uruguay residents and members of the Digital Party can take part in numerous political selections in a clear and decentralized method.

Unalterable liquid democracy

Per the discharge, the primary part of the mission will deal with making a DApp primarily based on the “liquid democracy” mannequin that employs digital tokens and a primary set of sensible contracts that the Digital Party will use for its inside governance.

The get together additionally plans to develop a safe and clear database utilizing a technological resolution “for the collection and validation of adherent identities.” Pablo Coirolo, CEO of Æternity Americas, added:

“The application of democratic governance that will be implemented by the Digital Party is based on the internal governance solution that aeternity uses for internal community decision-making, which is a completely new architecture, allowing greater participation of citizens in political decisions at all levels, with unalterable reliability.”

Established in 2013, the Digital Party’s representatives additionally declare that it’s “the first political party focused on bringing the digital era to the political sphere of Uruguay.”

Democracy and hashish decentralized

As Cointelegraph reported on Sept. 25, Æternity blockchain additionally will probably be used to trace the availability chain of Montevideo-based medical and leisure hashish producer Uruguay Can.

Uruguay grew to become the world’s first nation to fully legalize hashish manufacturing and sale in December 2013.

The first part of provide chain administration system implementation will happen in October and is anticipated to be accomplished in January 2020. Full implementation is deliberate for mid-2021.


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