China Supreme Court Accepts Blockchain Tech In Digital Cases
The Chinese Supreme Court has officially announced that blockchain technology will be accepted as a mode for authenticating evidence during court case proceedings. As this decision is highly unprecedented, the nation’s high court ruling was offered alongside advice directed at internet courts stating that all litigation including evidence exchange, trial preparation, mediation, and even sentencing is to be completed online.
Internet Courts in China Bring Blockchain Tech Into the Courtroom
Depending on the type of application, or requirement for a trial, internet courts have the authority to complete such litigation links virtually. In addition, the ruling declared that internet courts must manage evidence submitted in the form of digital data from all associated praties. This date is to be retrieved and stored with blockchain technology. Such data is required to poses key info including timestamps, virtual signatures, and hash value authentication. The data may also be held as an online depostion platform.
Since the establishment of the country’s first internet count in 2017 stationed in the Hangzhou province, the Chinese Supreme Court came to the decision to announce this ruling in order to standardize handling of online disputes and associated virtual data. This July, the internet court announced that blockchain-based evidence was to be accepted in court for cases associated with copyright infringement. This recent ruling issued by the nation’s high court has officially validated all concerning decisions.
A Digital Solution for Digital Crimes
The ruling outlined acceptable disputes in which blockchain technology will be used to standardize litigation processes. This includes contracts for network services, loans, rights associated with copyright or neighboring laws, domain ownership, disputes concerning infringement and all related online civil or administrative cases. Blockchain technology offers a standardized platform that is tamper-proof through the security of DLT processes. This maintains necessary privacy for all parties involved and follows regulator court standards.