Cryptocurrency News

Voatz – A Next Generation, Mobile Driven Voting Platform has got Seven Million Dollars from Series A Funding!

In a recent tweet by Voatz –

We are delighted to announce the closing of our Series A funding led by @medici_ventures and @techstars with participation from @UrbanInnoFund,  @OakhouseVC, and other investors. We are grateful for the continued support of our existing & new investors – https://blog.voatz.com

Through a secured tablet or a Smartphone, Voatz permits voters to vote in different types of elections and voting events. Prior this year in March 2019, Voatz declared another test program with the City and County of Denver, to extend absentee voting in favor of military workforce and abroad US residents during the city’s municipal polls 2019, which closed effectively recently.

Voatz, based in Boston and a four-year-old company, is a citizen and a group based engagement platform that has been at the center point of discussion over the benefits and risks of mobile voting, has pitched 7 million dollars in Series A funding. This was co-driven by Medici Ventures and TechStars, with support from Urban Innovation Fund and Oakhouse Partners. Voatz had recently pitched for $2.2 million in funding, supported by venture capital of Overstock.com.

Voatz has declared that the funding will be used for investing in building up its framework. They aim to improve the availability and usability and also by increasing security since it has the intention to establish new associations in urban areas, states, and other international regions.

Recently, Voatz organized an initial run in the district of Denver, Colorado, to give a choice to post based voting for absentees in favor of deployed military staff and abroad US residents during the municipal 2019 elections, where Voatz concluded it was successful. Besides hosting the first programs with Denver and West Virginia, Voatz has associated with state political parties, colleges, church groups, labor unions, and nonprofit organizations to manage polls utilizing its platform.

A year ago, Voatz held a comparative initial run with 24 provinces in West Virginia for the 2018 midterm polls, the first occasion when the blockchain based mobile voting had ever been utilized in US government polls. Moreover, the Voatz platform uses biometrics, encryption, and technology of blockchain to increase security, safety, and audit ability for election frameworks.

Carolyn Conrad

Carolyn Conrad has recently joined CryptoLighty news reporting team as a full-time reporter. She has been curating and writing for leading cryptocurrencies from last five years. She holds post graduate diploma in finance. She also holds year long experience in digital print media.

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