Author Topic: The Supreme Court of China issues a ruling acknowledging blockchain records  (Read 30 times)

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From now on, Chinese internet courts will treat blockchain-authenticated evidence as legally binding.

Such news arrived with the Supreme People’s Court of China ruling, wherein new policies were published, according to which the evidence authorized with use of blockchain innovations is eligible for admission in court. The local media reports that the internet courts that were established with aim of managing web-related disputes, from now on, will be able to engage in data recognition for the purposes of evidence using blockchain records for verification, as well as virtual signatures and time stamps.