Smart voting through blockchain in joint-stock companies

Document Type : Original Article

Author

Associate Professor of Commercial Law Canadian International College & Zayed University, UAE

Abstract

Considering what the world is experiencing today, and to prevent the virus from spreading at the workplace, more and more organizations are turning to remote work. Nevertheless, governments had put preventive measures to avoid crowds, and keep safe distance to limit the spread of the new Coronavirus (COVID-19).

During crises and epidemics governments seek to use measures to allow shareholders to express their opinions in the fastest and easiest possible way. Furthermore, the companies’ dedication to face challenges is considered one of the main elements for their survival under these current circumstances. In addition, technological developments enabled investors to receive more convenient services via the Internet.

Electronic voting is considered to be the ideal solution in such difficult times that the legal and economic world are going through nowadays. As the world continue to search for alternative legal solutions to change the legal concepts entrenched in our minds for ages. We must keep pace with the necessities imposed by this current era through applying technology in all fields, accepting the fact of physical distance and recognizing the importance of electronic presence imposed by the global events that the whole world is going through today. Among the axes of today’s revolution and the rapid development of information technology applications, that produced many modern technologies, on top of which is Blockchain technology, the technology that changed the economic concepts.

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International Journal of Doctrine, Judiciary and Legislation
Volume 3, Issue 2
Issue 2, 2022
June 2022
Pages 356-397

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