The audit-ability and reproduce-ability would be great features, while cost and latency wouldn't be huge problems for voting.
There were even a few start ups in the space (e.g. Votem), but none seem to have made the jump to doing real elections. Votem did a few smaller voting experiments like a vote for the Rock & Roll hall of fame, but never made its way to state elections.
I hope that DARPA can not only inspire innovation, but also help startups break into the difficult game of government contracting.