Chinese Supreme Court rules Blockchain evidence is legally binding. The evidence can include electronic signatures, hash value checks, time stamps and tamper-proof verification methods stored on Blockchain platforms.
10 September, AtoZ Markets – China seems to be eager to be leading the technological development and adoption. Two years ago, Chinese president Xi Jinping has revealed his plans for the Chinese nation to become the leading innovator by 2030.
China Internet Court
Back in 2014, one of the Chinese companies, WinSun Decoration Design Engineering has stepped up the 3D-printing game, when it printed a 10-house village is under one day. Then, in May 2015, the Asian nation has introduced what is seems to be the world’s biggest floating solar plant. This plant has been then connected to the power grid in China’s Anhui province.
As we move towards global nations adopting Blockchain technology and cryptocurrencies, China seems to want to be at the forefront of this innovation as well. In line with this aim, China has begun to welcoming this nascent technology into its court litigation procedures.
Earlier last year’s August, China has introduced what was called the “world’s first” internet court. It was dedicated to managing internet-related cases. Court proceedings in this court happen online, while it physically located in Hangzhou. This city is known as the Chinese e-commerce hub.
Since the court is managed primarily online, the court states that “the whole world is connected to Hangzhou by clicking a mouse.” Some of the cases that would be heard in this court include disputes concerning online shopping, the ownership and infringement of online copyrights, and the infringement on individual rights via the internet.
Chinese Court Rules Blockchain Evidence is Legally Binding
Almost a year after the Chinese Internet court has been established, there was a case involving online copyright infringement brought before it. The plaintiff in the case reportedly had enough technical experience to capture the violating websites and their source code. He then uploaded that information to Factom’s Blockchain platform, which created an immutable record of the copyright infringement.
In this particular case, the court ruled the following:
“On the premise that the technical verification is consistent and other evidence can be mutually verified, such electronic data can be used as evidence for the infringement in the case.”
At the moment, the Chinese Supreme Court has supported this decision. The officials have declared that the evidence stored and verified on Blockchain platforms can be utilized in legal disputes. As per the official announcement, the internet court will consider evidence that is provided by plaintiffs and defendants that can be proven authentic via electronic signatures, hash value checks, time stamps and tamper-proof verification methods stored on Blockchain platforms.
The courts will judge this evidence on a case-by-case basis.
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