The ICON Foundation that is the supervisor of one of the biggest blockchain networks announced that ICONLOOP(formerly the loop) has been selected by IMCLOUD as the blockchain advisor for ‘Building the Next Generation Election System based on Intelligence Information Technology’ initiated by Korea National Information Society Agency also known as NIA and is supervised by Korea National Election Commission or NEC.

ICONLOOP will be offering expertise in establishing the voting and ballot counting system which is based on blockchain technology. The goal of the project is to utilize the key technologies of the Fourth Industrial Revolution which incorporate blockchain, Artificial Intelligence, and Big data.

Also, ICONLOOP is going through the implementation of the blockchain technology in creating the framework for election, including candidate registration, voting, and ballot counting.

Currently, ICONLOOP is focusing on making strategies to improve the voters’ comfort, Transparency, equity, and security by using Blockchain in the current Election system for Korean Nationals and voters worldwide.

There was a statement released by the team of ICON Foundation:

“We are proud to be a part of designing the next generation election system to promote and improve democracy, which we recognize as an important issue. We expect to create yet another real-world use case for blockchain technology.”

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