TOP > News > TraXion CEO: Philippines is Ready for Blockchain-led Elections
December 13, 2018 Published

She added that the government is doing an acid test to see how far and how sincere it can be to provide transparency and traceability of government transactions to the public.




December 13, 2018. TraXion CEO and Founder, Ms. Ann Cuisia, shared her views about using blockchain during Philippine elections.

In an interview with the Market Edge anchor, Ms. Cathy Yang, TraXion CEO and Founder, Ms. Ann Cuisia, expressed her views about a blockchain-led election.

“I think we are, we are (ready). With the right providers and the right consultants for the government, I think we are.” – Ms. Ann Cuisia, CEO and Founder, TraXion

She added that the government is doing an acid test to see how far and how sincere it can be to provide transparency and traceability of government transactions to the public.

When asked about how blockchain can help in terms of making the elections cleaner, Ms. Cuisia said that blockchain is a technology for “sharing, saving, and securing data. It means that every transaction put on the chain cannot be edited and removed… When people cast their votes it is what it is,”.

TraXion is a company providing blockchain services. As of press time, its product has six interfaces: TraXion FIRST, TraXion COOP, TraXion BIZ, TraXion CHAIN, TraXion GIVE, and TraXion Reward.

TraXion’s GavaGives is a charity crowdfunding site where users can request assistance from potential volunteers. This year, it signed a partnership with the top cryptocurrency wallet in the country, Coins.ph, to incorporate GavaGives into its e-wallet to let users donate money directly using the Coins.ph app.

The blockchain company also has a partnership with a Korean multinational corporation, LG.  The tie-up will seek to further reap the benefits of the blockchain. According to Ms. Cuisia, startups like TraXion can now compete with established service providers in terms of new technologies.

“It used to be that large enterprises look to established service providers with numerous years of experience to deliver on their requirements. This is not the case anymore.” – Ms. Ann Cuisia, CEO, TraXion

Other blockchain projects, such as the NEM blockchain has been used for election activities in countries like Ukraine.

This article originally appeared on BitPinas.com: TraXion CEO: Philippines is Ready for Blockchain-led Elections

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