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# Remote Voting Systems
Blockchain Technology Increases Shareholder Participation in Estonia

By Alyson Wyers | Published 2016-07-28 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/shareholder-participation
References: [springwise](http://www.springwise.com/blockchain-power-remote-citizenship/) & [ir.nasdaq](http://ir.nasdaq.com/releasedetail.cfm?releaseid=954654)

In an effort to increase shareholder participation, the Estonian stock market is using [blockchain technology](https://www.trendhunter.com/trends/blockchain-technology1) to enable remote voting. Using an international network of computers to store information, [Nasdaq](https://www.trendhunter.com/trends/Conexeu-Sciences) (the US stock exchange) will be able to store past activity logs to count votes. [Blockchain](https://www.trendhunter.com/trends/elite-education-city) also ensures information can't be tampered with, so it can be verified that no votes have been changed, duplicated or removed. This gives a more certain final count when it comes to votes.

This shareholder voting system means shareholders can cast their votes from abroad. This is something that hasn't been possible before, requiring e-residents who have stock in an Estonia-based online business to be physically present to vote in meetings. This will not just enhance shareholder participation, but potentially have deeper implications for traditional nationality.

## Trend Insights (Trend Hunter)

- Score: 1.9/10
- Popularity: 26% | Activity: 23% | Freshness: 8%
- Audience gender: 70% men, 30% women
- Primary generations: Millennial, Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Computers](https://www.trendhunter.com/computers)

## Key Themes

### What Makes This Trend Stand Out

- **Blockchain Technology:** Using blockchain technology enables remote voting and ensures tamper-proof information for a more accurate vote count.
- **Increased Shareholder Participation:** The use of remote voting systems increases shareholder participation by allowing them to cast their votes from anywhere in the world.
- **Disruption of Traditional Nationality:** The implementation of remote voting systems may have implications for traditional nationality by enabling e-residents to participate in voting without physically being present.

### Sectors Adopting This

- **Stock Market:** The stock market industry can benefit from remote voting systems powered by blockchain technology, which increases shareholder participation and ensures accurate and tamper-proof vote counting.
- **Financial Technology:** The financial technology industry has an opportunity to leverage blockchain technology for remote voting systems, providing secure and transparent voting processes for shareholders.
- **E-government:** The e-government industry can explore the implementation of remote voting systems to enhance shareholder participation and potentially disrupt traditional nationality concepts.

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