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Oct. 13, 2024
How Bitcoin Fixes Elections with Carlos Toriello
In this Bitcoin Source Exclusive, Carlos Toriello, CFO of Simple Proof, discusses how Bitcoin technology is being used to enhance electoral transparency in Guatemala. Simple Proof is a tech startup that timestamped and secured election data using Bitcoin, ensuring the integrity of the voting system. The goal is to make it standard operating procedure for all governments worldwide to timestamp public records to Bitcoin, providing an anchor of truth in a sea of fake information. The use of Bitcoin in the voting system has changed the perception of people in Guatemala, as it provides a verifiable and tamper-proof record of the election results. Simple Proof aims to bring their solution to the US and other countries to improve the security and trustworthiness of elections.
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