The study of the Economic Feasibility of Using Distributed Database Technology when Building an Electronic System for Voting

Abstract

The present article analyzes the benefits of using advanced technology of distributed databases to reduce the financial costs of various voting. At the current stage of society development and global computerization, the main attention is paid both to observing all the basic democratic components of the elections and accessibility for voters and, if possible, to a low strain on the state budget. When studying the history of the electoral institution development and analyzing contemporary issues, the attention was focused on the use of information technologies in the development of electronic voting systems. As a part of the analysis of elections economic component, the number of voters in Ukraine was investigated, the structure of the total costs of 2017- 2019 elections, the projected figures for 2020-2021 and expenditures of the state budget of Ukraine for the Central Election Commission for 2014-2020 were analyzed. When creating the software product, the blockchain technology overview was carried out in terms of its applicability in the field of electronic voting. The developed system demonstrates the need for a distributed database technology use in modern electronic voting systems. A smart contract code has been created and developed to minimize the voting costs and to ensure the system reliability. The benefits and specificity of the proposed system are considered in the present work