China's supreme court recognizes blockchain evidence as legally binding

posted 15 days ago
Blockchain can now be legally used to authenticate evidence in legal disputes in China, according to the country's Supreme Court. The court released new rules on Friday – that take immediate effect – clarifying various issues relating to how internet courts in China should review legal disputes.

Part of the new regulation specifies that China's internet courts recognize blockchain as a legal method for storing and authenticating digital evidence, provided that parties can prove the legitimacy of the technology being used in the process. The ruling comes in response to various questions that have emerged since the country established its first internet court in Hangzhou last year – one that handles disputes around internet-based issues, generally involving digital data.
Tags: blockchain, news