Waves Enterprise Partners With Ontology To Streamline Its E-Voting Service

Waves Enterprise, a major technology company specializing in blockchain-based solutions for businesses and governments, has partnered with blockchain platform Ontology to streamline its e-voting service.

It has been reported that Waves Enterprise has signed a memorandum of understanding with Ontology to integrate decentralized identification tools into the Waves Enterprise e-voting system.

However, the partnership aims to solve one of the biggest challenges of digital voting, user authentication, and identification. The companies specifically plan to apply Ontology’s new decentralized identity solution known as ONT ID.


Major blockchain firm @wvsenterprise partners with @OntologyNetwork to streamline blockchain e-voting with decentralized identification https://t.co/LKr1XOrQgR — Cointelegraph (@Cointelegraph) December 16, 2020

Artem Kalikhov, the Chief Product Officer at Waves Enterprise, said that Ontology’s DeID technology will replace other traditional methods like e-mail verification.

He said:

“Right now we rely on traditional web authentication, via registered email approach.”

Likewise, Li Jun, the founder of Ontology, explained that the Ontology-powered e-voting integration will require users to create their ONT ID first to bind their personal data and credentials. 

Jun noted:

“Then their voting records can be traced on a chain which is not erased.”

Jun emphasized that user privacy will not be compromised as ONT ID serves as a decentralized entity. However, data like hashes or transaction numbers can still be tracked.

He added:

“Users have the right to choose what specific info they would like to share [because] the data is fully owned by themselves.”

Moreover, according to Kalikhov, Waves Enterprise is initially looking to integrate ONT ID as a module.

Thus, Kalikhov said:

“At the initial stage, our blockchains will most likely operate separately from each other.”

Source: Cointelegraph

#Ontology #CryptoNewsPoint #wavesenterprise #DigitalNotice #EVotingService

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