What does blockchain judicial evidence mean (the application of blockchain in the judicial field)?

08/15/2023 14:33 • Metaverse Matters • 55 views

What does blockchain judicial evidence mean? The definition and legal effect of blockchain in the judicial field were explained in the “Electronic Evidence Law” released by the Ministry of Justice. “Electronic data evidence based on distributed ledger technology, encryption algorithms, and other technologies” is considered an important innovation and breakthrough in the judicial field.

However, the use of blockchain technology in China is still in its early stages. Due to the immaturity of relevant technologies and the uncertainty of regulatory policies, it is difficult to effectively solve related legal issues. So how can we use blockchain for online judicial research? Let’s take a look at what blockchain judicial evidence means.

Application of blockchain in the judicial field

Blockchain technology, as the underlying infrastructure of the new generation of information technology, is evolving from concept verification to application practice. With the rapid development of the digital economy, the transformation and upgrading of the real economy, the development of financial technology, and the expansion of the Internet into new areas, blockchain has become one of the most cutting-edge technologies today and an important engine driving social change.

In recent years, the judicial field has also gradually received attention. The legal community in China has always advocated the use of new technologies such as blockchain for evidence collection, fixation, and preservation. However, it is currently difficult to achieve certification of data authenticity and legality. Therefore, courts should strengthen the application of technologies such as blockchain to ensure the security and tamper resistance of data sources. At the same time, a sound network mechanism should be established to allow all parties to freely participate in transactions in the network, thereby creating a fair competitive environment for electronic litigation and promoting the healthy and orderly operation and development of the industry. (China News Network)

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What does blockchain judicial evidence mean (the application of blockchain in the judicial field)?

Application of blockchain in the judicial field

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