China-Based Notaries Use Blockchain To Manage Client’s Cases
China-based notaries use blockchain to manage client’s cases. After its launch in January, 40 companies have used Shanghai’s blockchain-powered notary platform to handle over 3,000 cases.
The “Hui Cun” platform (managed by Shanghai Xuhui Notary Public) is a blockchain-based electronic data storage protocol, according to Jiemian, which exercises notarization functions. Via a blockchain network, it stores photographs , videos, and screen recordings on the platform. These files are then held in lawsuits for use.
Shanghai’s Xuhui Notary Public Office claim that the platform allows them transparently preserve evidence, and drop notarization costs by an average of 44%.
Pan Hao, director of the Xuhui Notary Public Office, commented on the blockchain platform “The electronic evidence stored on the Hui Cun platform, because its authenticity is guaranteed, also provides a platform for the court to promote further the application of new technologies in the collection of evidence, explore and research to solve the authenticity of evidence in evidence, and help to promote the court to crack Intellectual property facts are difficult to find out.”
Authorities of Suzhou, China in June, also announced a blockchain-powered pilot program that will provide the region with notary services. The program reportedly aims to help millions of citizens access legal and government offices via the internet, and covers services related to personal freedom, life, health, property rights, and more.
[image: Hanson Lu]
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