Secure Blockchain-Based E-Voting Platform for Shareholder Engagement in Capital Markets

Shareholders face difficulties participating in company resolutions due to logistical challenges and restrictions on physical gatherings, which was exacerbated during pandemic conditions. Existing voting mechanisms lack transparency, security, and user-friendly interfaces, leading to reduced shareholder engagement and increased risk of disputes. The need for a secure, accessible, and efficient digital voting solution that operates within a banking environment and supports multiple market participants is essential to ensure transparency and trust in the capital market operations.

A mid-sized financial institution specializing in securities and post-trading services, seeking to modernize shareholder voting processes through digital solutions.

• Develop a secure, blockchain-based electronic voting platform that enables remote shareholder participation in corporate resolutions.
• Create an intuitive frontend application compatible with banking and capital market environments, supporting diverse users and stakeholders.
• Host the platform on a stable, scalable infrastructure to ensure high availability and performance.
• Implement robust cybersecurity measures to guarantee the integrity and confidentiality of voting data.
• Facilitate transparency and trust among multiple market participants, ensuring compliance with regulatory standards.
• Achieve a high adoption rate among shareholders and other market entities, with a focus on simplicity and security.

• Blockchain-based voting mechanism ensuring data integrity and tamper-proof records.
• Web-based frontend application with a simple, modern design for ease of use by all stakeholders.
• Secure user authentication, including options for identity verification and authorization.
• Real-time voting process monitoring and result aggregation.
• Audit logs and traceability for compliance and dispute resolution.
• Secure hosting infrastructure with scalable capacity to handle variable user load.
• Support for multi-party participation, including different types of shareholders and market entities.
• Integration with existing banking and securities post-trading systems.

• Identity verification services for secure user authentication
• Securities depositories or custodial systems for voter eligibility verification
• Post-trading systems for real-time data synchronization
• Regulatory compliance systems to ensure adherence to market standards

• High availability with 99.9% uptime in hosting environment
• Fast response times with minimal latency to ensure user experience
• Data security and privacy compliance, with encryption and access controls
• Scalability to support growing numbers of shareholders and market participants
• Auditability and traceability for all votes and transactions

The new e-voting platform is anticipated to streamline shareholder participation, significantly increasing voting engagement and participation rates. By leveraging blockchain security, the solution will enhance transparency and trust across market participants. Operational efficiency improvements and compliance assurance will reduce administrative costs and mitigate risks associated with manual voting processes, contributing to a more resilient and trustworthy capital market infrastructure.