Decentralized registry technology will be implemented in the storage system of data obtained via exit-polls during the presidential elections in Russia on 18 March 2018.

The All-Russian Center for the Study of Public Opinion (VCIOM) announced its plans to use "elements of blockchain technology" to store information obtained from respondents after exiting polling stations.

"The project involves the storage of data obtained via exit-polls in special lock-up storage. This will not allow any external initiated changes in the data, to counteract hacker attacks, ensure the transparency of the process of data collection and aggregation. If successful, the project will form the basis of the program "Digital VTsIOM," developed at the center and planned for implementation in 2018-2021," the VTsIOM said in a statement.

The pilot project is being developed in cooperation with the team 2chain, which specializes in smart technologies.

Blockchain implementation in elections will help make the process more transparent and honest, said Andrey Khlyzov, senior vice president of Sberbank and head of Sberbank-Technology, the largest Russian bank by capitalization.

"I would recommend evaluating the possibility to implement such a very significant thing, according to me, as blockchain, in elections, municipal ones as a start, and then, maybe, in presidential ones."

The CEO of the Chronobank blockchain project Sergey Sergienko agrees with him. "This is a very good idea, in some countries it is already being implemented. From the point of view of elections, this is ideal. If a person can not come to the polls and cast his vote remotely, blockchain will make very difficult to change his choice. It is a good way to transparent, honest elections," believes Sergienko.

In the future, blockchain could be used in the process of elections, the head of Russian Central Electoral Commission Ella Pamfilova admitted.