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Interesting Janning⭐, as pointed out in the article, yes the big flaws are quite clear. I do see the cons. But then again, there are plenty flaws in today's systems, but as children of these systems, we automatically accept these as "norms" (bribery, corruption, the like). Perhaps we're looking at the implementation incorrectly, though. An excerpt in the paper gave me thought that perhaps simply as a validation system, blockchain may work to hold up a mirror against another system and look at its reflection (ie does voting system A correspond with B in terms of actual votes cast). I think no system will ever be flawless, but we're in the infant years of this tech, which may just be a foundation for or stepping stone to something less hampered by the shortcomings highlighted in the document. Well it's unlikely to happen. The next system is likely to be a WIP (consisting of tons of foreshadowing accompanied by eerie music).
Off-topic for SL, but...  You tagged "blockchain" [/edit] Blockchain is simply the tech crypto runs off. It has, technically, nothing to do with crypto. Blockchain could be implemented in elections, traditional banking, and more. Just study "blockchain".  After skim-reading the page provided by Janning, it seems to be a platform to facilitate buyouts. That you tagged "blockchain" makes me assume they use crypto-tokens. This makes me nervous for your sake. [/edit] Personal Advice: _Do not_ invest money in crypto. Clearly you know nothing. The bubble popped like the dot com boom. Flip cars or property. Property seldom depreciates. Disclaimer: I am _not_ a financial advisor. Your compliance with any information in this post is done so at your own risk.
lol "manglish" 😁 Good for you on achieving that level in accounting! 😊 I used to work for an accounting firm, actually. I now work with a custom software and blockchain consulting firm, so I also have my bias. I do agree that people who don't know what they are doing shouldn't look at purchasing cryptocurrency as an investment. 🙂 I guess I should take my own advice on my post because in rereading it, I realized that I failed to specify that only the first line was directed toward nonzyro and the rest was for the OP. I'll make that edit. No need to delete your post. 👍
Janning⭐ Cool. Deleted other post, edited first one.
Is that a coding question? The Q&A section is used for questions regarding programming or if you need help to fix a bug in your code. Please avoid posting such questions as it would be a violation against the guidelines. https://www.sololearn.com/discuss/1316935/?ref=app
One small point of clarification on the relationship between cryptocurrency and blockchain, if all will permit: Blockchain is just a method for appending transactions to a distributed ledger. Accounts can be very difficult to understand if there isn't a common unit of account to display the figures in. While not all cryptocurrencies are created for the same purpose(s), the unit of account for Bitcoin is Bitcoin, the unit of account for Ethereum is Ether, etc. They are also related in other ways, but those take quite a large number of characters to explain and there isn't that much room here. 🐈
Nicely put, Janning⭐. There's a PDF kicking about the net somewhere on blockchain implementation in a couple on non-financial sectors, like patent-issuing, elections (I think we've all heard that one), online & offline libraries. I read it ~ a year, ~ two years (cursed memory decay -- for real, they can't help me) ago and it was interesting because it presented a transparent, centralised, fraud-free world. The problems are plenty, but "Today's problem, tomorrow's solution." -- something like that.
😁 nonzyro 👻 Yes, it's early yet.
Nice disclaimer, nonzyro . 😁 [Edit] Addressing the original post: In the Q&A area, it is important to be specific. A non-specific question may result in unhelpful or non-specific answers. For example, Liquidity Platform ( http://liquidityplatform.com/faq.php#1 ) is a specific platform, which may or may not be relevant to your particular line of inquiry. Try to do sufficient research using external search engines and the in-app search bars to help narrow down the scope of your questions. 😊 (P. S. You can probably learn anything with enough dedication -- we believe in you!) Let us know in a new thread once you have specific questions and how it would be within scope for this forum. 👍
😂 nonzyro , your parentheticals are too funny! 😁 I appreciate them. The space attracts many... visionaries. The industry met with a hard reality this year: While most technical problems can be solved, we're not doing as great of a job on the people problems (as if this was a new concept). I'm not really convinced that many of the non-financial potential use cases would benefit from the consensus aspect of blockchain. They can simply use a decentralized database. Elections are special and tricky. The kinds of elections we're used to require some form of identification attached to each ballot to (roughly) limit the number of votes per capita. Such projects are in the works despite going oddly against the spirit of pseudonymity that is often touted as a distinct benefit of blockchain participation. 😅 Some notes for the braver nerds: https://vitalik.ca/general/2017/12/17/voting.html