Supporting smart contracts, Votes platform makes an effort to enhance transparency and security of voting processes.
This platform announced its ICO two weeks ago with the aim to improve democracy in the world.
In addition to local and national governments, private firms are also among potential customers of votes platform.
Nevertheless, universities, public assemblies, polling companies want to use these this voting blockchain platform .
The creators of Votes platform already offered a voting product with similar functions which is avalible on the internet. Currently, some key players in different industries such as Samsung, Adidas and Bush utilize it for their voting or polling purposes.
The Simpol website is said to be influenced the voting atmosphere in Russia since it has huge fans in the country.
Competitive opportunities in the democracy market with voting platform
According to an analytic report, size of the voting market in 2016 was about 2b dollars.
This market, however, is not an empty field. Rivals of votes platform like survey monkey, suvey gizmo and so on each has occupied a profitable corner of the market.
For instance, Survey monkey has achieved a 200m dollar share of the voting market in 2016 though it is still 10 percent of the total market.
In conclusion, one can interpret that in spite of being competitive, there are still enough rooms for new investors to invest on blockchain voting capability.