TAIPEI, Taiwan, Feb. 11, 2019 /PRNewswire/ — On Jan. 31, South Korea’s largest opposition party, the Liberty Korea Party, held a press conference to announce their partnership with Taiwanese startup ioeX who will be implementing a blockchain voting system with the company’s technology solution. ioeX has a strong background in IoT and blockchain technology and their customized platform solution will allow the Liberty Korea Party to conduct party elections with all records preserved in the blockchain. Additionally, the platform will include a petition function to facilitate the gathering of public opinion while also providing up-to-date records of representative activity for the general public.
Chairman of the Liberty Korea Party’s Emergency Committee Byong Joon Kim stated that they will continue to partner with ioeX to advocate the use of blockchain applications in the future. The Liberty Korea Party’s Floor Leader Na Kyung Won emphasized that the characteristics of blockchain such as traceability and being tamper-proof can help facilitate party elections with increased success. South Korea National Assembly member and Liberty Korea representative Hee Gyun Song expressed that they wouldn’t fear the new technologies. In order to establish a healthy environment for blockchain technology, the party would try best to plan the development, such as legalize ICO and cryptocurrencies. The blockchain voting system will be officially used during Liberty Korea Party’s youth committee election in March.
ioeX Founder and CEO Aryan Hung stated: “ioeX is honored to partner with Liberty Korea Party and we hope to give the public hands-on experience on using blockchain technology. The voting system is the first step in our continued expansion of the ioeX distributed network and duo-chain system. Events such as candidate speeches and policy announcement are perfectly suitable for temporary storage in the distributed network so that through content searching, users can find images and video that cannot be recorded on the blockchain and better understand the candidates’ past feats.“
ioeX’s introduction of the “ioeX Protocol — Decentralized P2P Distributed Network” integrates distributed node network functionality with decentralized blockchain technology to provide a network transfer consensus mechanism solution. ioeX began as a project to reduce operating risk and cost for smart device suppliers by creating a comprehensive ecosystem through a healthy and stable distributed network combined with the ioeX duo-chain (public and consortium chain) system.