Switzerland has been referred to several times as the most blockchain-friendly country in Europe. Due, in part, to the existence of “Crypto Valley” and the country’s tax-free policy for crypto investors. As reported by local news outlet swissinfo.ch, The city of Zug will allow it’s 29,804 inhabitants to take part in a blockchain-based test vote. The small scale, consultative vote will utilize the blockchain-based, eID system, which was set up in November of last year and currently claims around 200 users. Voters will be able to vote via their smartphones by downloading the existing uPort app to register. This will be Switzerland’s first municipal vote using blockchain, and is scheduled to take place between June 25th and July 1st of this year.
According to the report, the city of Zug is already home to several blockchain start-ups. The city also accepts payment for few services in cryptocurrencies. Voters will be surveyed on whether they are in favor of fireworks at the annual Lakeside Festival, and whether they think digital IDs should be used to borrow books from the library or pay parking fees. Voters will also decide if blockchain-based eID system should be used for referendum votes in the future. Since the upcoming vote is a trial, its results will be non-binding for city authorities.
Having established “Crypto Valley”, a global hub for crypto and blockchain development, Zug has become one of the centers for the
“world’s leading ecosystems for crypto, blockchain, and distributed ledger technologies.”
by Samuel Larreal