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coalichain-blog · 6 years
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What is a cryptocurrency?
A cryptocurrency is basically a medium of exchange stored on blockchain built on cryptography. It is a digital peer to peer currency i.e. it is a decentralized form of currency. How it differs from the regular currency is that, banks keep a record of all the transactions and manage the database, whereas in this every peer keeps a record of all the transactions and is the one the transaction between two is verified then this is added to a block in the blockchain which can then never be altered and is permanent. 
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coalichain-blog · 6 years
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Five important reason online voting system
1-Vote at any time from anywhere
2-Boost participation
3-Less physical infrastructure
4-More rich ballots
5-Fast and easy votes tally
Today’s way of living doesn’t leave much free time. We have little to no time to do anything or go anywhere. So, don’t you think that maybe giving the chance to the members of your organization to cast their vote in just a few minutes, without the need to go to a certain place, would be a good option
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coalichain-blog · 6 years
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Blockchain consists of information of all the financial transactions. A block is nothing but just a list of records. When these lists are combined with each other, they are known as blockchain. For example- an organization has 100 ledger books the combination of which is known as Blockchain and a single ledger would be considered as a block.
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coalichain-blog · 6 years
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What are the benefits of blockchain that you know?
It encourages secure online transactions which is one of its biggest benefits. Basically, being a distributed and decentralized ledger that keeps a close eye on all the transaction records, it doesn’t let the record to be altered by anyone. This enhances the security. In addition to this, participants and the business owners can always make sure of los cost auditing at the end. One thing that can always be assured with blockchain is every block or unit can be transferred only once which simply eliminates the double spending problem.
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coalichain-blog · 6 years
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It encourages secure online transactions which is one of its biggest benefits. Basically, being a distributed and decentralized ledger that keeps a close eye on all the transaction records, it doesn’t let the record to be altered by anyone. This enhances the security. In addition to this, participants and the business owners can always make sure of Los cost auditing at the end. One thing that can always be assured with blockchain is every block or unit can be transferred only once which simply eliminates the double spending problem.
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coalichain-blog · 6 years
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World best technology online voting system
World best technology in a single organization of Coalichain differs from the anyone. Because of a high-security protection alert in an online voting system. Method of high configuration App technology with a very easy operating Apps technology. Data security always matters. Encryption is basically an approach that helps organizations to keep their data secure.
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coalichain-blog · 6 years
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Coalichain platform has a very simple and lucid interface, all you need to do is to download the App, select your leader and tap on Vote. For your first vote in the app, you’ll be asked for some verification items just to make sure that you are eligible to vote for the specific leader according to your best choice for online voting platform.
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coalichain-blog · 6 years
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What is the voting mechanism on Coalichain?
A voter can vote the leader he/she follows using the Coalichain platform. Coalichain is a social platform and higher digital technology term for better governance, every voter can directly interact with the leader and speak to them about their problems. Once satisfied after reviewing their performance over the due course of time, the voter can place his vote on our app.
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coalichain-blog · 6 years
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Our application - Secured Voting is built with multi-layer security features such as OTP, password protection, and a unique link which offers a high security to conduct an election. Secured Voting will build instant results and improves voter turnout. This application is ideal for all NGO's, Clubs, Organizations, Schools, Associations, unions, Trust and anyone.
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coalichain-blog · 6 years
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Fundamental unit in the study of online voting system.
Political parties want to reach out to the masses during election time to get their support in the elections. For this, a party starts an election campaign to win the hearts and minds of people. During the campaign, a party tries hard to promote its ideas and policies on different contemporary issues. But modern technology has to change with a Coalichain object inside the new era App on the online voting system.
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coalichain-blog · 6 years
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Vision and Technology Roadmap Coalichain ecosystem
The Purpose of the ZUZ The ZUZ is a cryptographic currency dedicated to the Coalichain ecosystem. Over and above its function as a frictionless, inexpensive, fast and secure, replacement-currency, the ZUZ is a community building tool. In being the sole currency for all on-platform transactions it will
(1)-Build a shared sense of trust, purpose, and community.
(2)-Make tracking and financial management easier and more directly related to the platform’s performance
                                               Coalichain
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coalichain-blog · 6 years
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Accountability mechanism of Coalichain
@coalichain​ aims to create a genuinely accountable governance system. Elected politicians are meant to serve the public, but today they are not incentivized to do so. The current mechanism we are offering - financial accountability that rewards or fines politicians according to public satisfaction, is the first step towards realizing the full potential of our vision.
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coalichain-blog · 6 years
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As mentioned above the DAOs are the classic, easiest-to-approach market. They need governance tools to run their organizations (decision making, elections, votes, polls). We have already approached several DAOs and expect to solidify the deployment in the first communities by October this year.
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coalichain-blog · 6 years
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Transparent Clean Politics Voters with Power
Coalichain is a decentralized-democracy ecosystem based on blockchain and smart-contracts and fueled by cryptocurrency. It delivers effective accountable people-driven governance to any organization or group of people from DAOs, through companies, NGOs, municipalities, and all the way to primaries and general elections. @coalichain  allows representatives to showcase their agenda directly to their voters make clear and enforceable promises transparently raise money and more. It also allows anyone to track the performance of elected officials and hold them accountable.
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coalichain-blog · 6 years
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Blockchain to Ensure that Money is Well Spent
The key factor in enforcing accountability is one that can easily find multiple applications in the civilian world as well. In fact, starting to apply automatically enforced accountability in the civilian world might well be the key to see it adopted by elected representatives a well.
https://hackernoon.com/blockchain-to-ensure-that-money-is-well-spent-ebd173132fb9
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coalichain-blog · 6 years
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Online voting system is a perfect technology
Those improved voting systems, if implemented, would enable voters who typically cannot physically get to the voting station, either because of geographic distance or due to lack of time, or for any reason, to vote. They would also very likely increase voters’ turn out by making it easy for all to vote from their own home or place of work.
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coalichain-blog · 6 years
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The blockchain is the technology behind cryptocurrencies and other assets. In order to have a successful integration, the asset must be transferred digitally from paper to digital form in order to exist. The owner must also create a digital link or identity that could act as a medium for transactions.
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