Romania is making waves in election transparency by incorporating blockchain technology into its presidential election voting system.
The country’s Permanent Electoral Authority (ROAP) has turned to blockchain to verify and track electoral votes in real time. Blockchain developer Ovidiu Damian shared the development on social media, highlighting how Romania is using this technology to bolster election integrity, with public access to vote transactions through a live dashboard.
The system, backed by Romania’s Special Telecommunication Service (STS), utilizes the European Blockchain Services Infrastructure (EBSI), a network made up of nodes across 27 European nations. This implementation aims to enhance the resilience of Romania’s electoral process by ensuring data traceability and security. By leveraging EBSI, Romania is adding an extra layer of protection and transparency, reinforcing public trust in the electoral system.
Blockchain adoption in Romania continues to gain momentum, with significant strides in the tech sector. In 2023, Romania’s ICI Decentralized Services launched an NFT trading platform built on the MultiversX blockchain. Additionally, the national news agency Agerpres made history in 2024 by publishing the first official news article as an NFT, permanently recorded on the MultiversX network.
Romania is quickly becoming a global blockchain hub, with notable achievements from its native blockchain, MultiversX (EGLD). The creators of MultiversX, Beniamin Mincu, Lucian Mincu, and Lucian Todea, have drawn international attention to the country’s growing influence in the blockchain space. As the blockchain ecosystem continues to develop, experts and analysts alike see the potential for significant growth in both the technology and its applications, including the possibility of reshaping global election systems.
Tokenized gold is gaining momentum, with its market cap now surpassing $1.2 billion, driven by record-high gold prices and increasing interest in blockchain-based assets.
The Solana network is exploring the possibility of expanding its Compute Unit (CU) capacity, a critical metric for managing transaction complexity and optimizing resource usage.
A developer has integrated the Tornado Cash protocol into MegaETH’s public testnet, enabling private transactions on the high-capacity blockchain, which can handle up to 20,000 transactions per second.
Dubai is taking a bold step toward revolutionizing its real estate market by leveraging blockchain technology.