Blockchain/AI/IoT | January 19, 2018

Voatz raises $2.2 million to improve election transparency

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Can blockchain make voting more secure? Boston-based Voatz makes mobile-voting software that uses the distributed-ledger technology to safeguard results.

Originally designed for university elections, the smartphone software aims to encourage greater participation in elections by making voting more convenient.

It is used by labor unions, non-profits and town governments. Urban Innovation Fund; business coach Joe Caruso; and Medici Ventures, Overstock.com’s venture arm, provided the funding.

Medici, which focuses on blockchain investments, also backed SettleMint, which uses the technology to record votes.