Voting is implemented with built-in token capabilities based on the Stellar network, and provides for distributed governance principles. The system ensures protection against the falsification of results, by the means of a distributed ledger. All the data is recorded on the Stellar network – thus, it is backed by blockchain and cannot be falsified.
The system allows for closed questions that can be answered with a predefined set of answers, and also open ones so that users will be able to provide more precise answers. This incorporates multiple choice voting, combined with the ability to respond with any set of digits as an answer.
The system takes into account the number of assets that are available on the balance of SLT tokenholders or security tokens investors at the time of voting completion. Ownership of the larger SLT amount grants greater power over influencing tokenization rules.
Smartlands Wallet displays the questions, response options and dates to security tokens and SLT holders once the questions are created.