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This Chinese City Is Launching a Blockchain Notary Program

Posted by Simon Keighley on June 09, 2020 - 8:49am

This Chinese City Is Launching a Blockchain Notary Program

This Chinese City Is Launching a Blockchain Notary Program

By FELIPE ERAZO

Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country.

Local media outlets are reporting that a blockchain-powered pilot program will provide a wide range of notary services in Suzhou, China.

According to China Quality News, authorities of Suzhou announced on June 5 that this program aims to help millions of citizens access legal and government offices via the internet.

The pilot platform, created by the Suzhou Municipal Market Supervision Bureau and the Suzhou Municipal Bureau of Justice, will cover personal freedom, life, health, property rights, and more.

 

Blockchain-based cloud network to distribute files

All the materials will be available through the cloud. Audio and video records will be shared among notaries involved for legal purposes, thus facilitating the use of real-time tracing functions.

The network will be called the “Suzhou Notary Chain.” It will allow the administrative law enforcement unit to use the system for online notarization and will carry out the entire process through shared files on the cloud platform when a dispute occurs.

Unlike the conventional method of storing audio and video files within a law enforcement database, the blockchain-based notary services platform will process everything from recording to distribution. This will guarantee “easy data storage, high security, non-tampering, and traceability, which will improve the transparency of the administrative law enforcement.”

 

China’s blockchain adoption status

China continues to take essential steps to adopt blockchain technology in the country and implement related systems in different sectors of the economy.

Cointelegraph recently reported on a pilot program launched in Hainan’s province that aims to strengthen cross-border payments via blockchain technology.

On June 2, Chinese authorities released a master plan for making Hainan a free trade island that encourages institutions to use blockchain in transforming government function.

Article produced by FELIPE ERAZO

https://cointelegraph.com/news/this-chinese-city-is-launching-a-blockchain-notary-program

 

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Simon Keighley No worries Tim - easy mistake.
June 9, 2020 at 1:54pm
Tim Moseley I called you John above....sorry about that. Thanks Simon.
June 9, 2020 at 11:33am
Simon Keighley Thanks for reading Tim - Blockchain provides the advantage for storing data. - mass adoption is occurring.
June 9, 2020 at 10:36am
Tim Moseley Thanks for making this available to us John. Nice to know. Blockchain is definitely the wave of the future...
June 9, 2020 at 10:28am
Simon Keighley Thanks for reading Marian - the blockchain provides a great way for storing data.
June 9, 2020 at 9:55am
Simon Keighley Thanks for reading Stefy - it sounds a great idea to help millions of citizens access legal and government offices via the internet.
June 9, 2020 at 9:32am
Health and Safety STEFY Great information! Thanks for sharing Simon
June 9, 2020 at 9:29am