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We Study Billionaires - The Investor’s Podcast Network

BTC178: Auditing Elections with Bitcoin w/ Carlos Toriello (Bitcoin Podcast)

Apr 17, 2024
Carlos Toriello, a Guatemalan expert in election auditing and founder of Digital Witness, explores the revolutionary role of Bitcoin in ensuring electoral integrity. He discusses how the OP_Return feature enables tamper-evident documentation, enhancing trust in elections. Toriello shares insights from Guatemala's 2023 election audit and the impact of tools like OpenTimeStamps Protocol. He envisions a future with 'Immutable Democracy' and emphasizes educating youth through gamified blockchain verification. Join him in reimagining democracy through technology!
54:47

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Bitcoin's OP_Return can revolutionize election audits by ensuring transparency and tamper-evident documents.
  • Gamifying election auditing with Bitcoin incentivizes youth involvement, educating on trust verification in electoral processes.

Deep dives

Using Bitcoin for Election Integrity

Blockchain technology, specifically Bitcoin, is applied to auditing election results in Guatemala. The process involves citizens overseeing voting tables, counting individual votes in public, and signing off on a tally sheet to ensure integrity. Documents from each voting table are made public, combined to maintain privacy, and verified through the blockchain, using the Open Timestamps protocol to prevent tampering.

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