Blockchain Announcements

Read the most recent news on Blockchain to stay informed about the latest events, developers and reveals with our Blockchain news section.

1 Blockchain Startups to Tackle Internet’s Challenges

The realization that blockchain technology can do much more than just creating cryptocurrencies. IT is driving the rise of next-generation platforms.

CNBC highlighted three blockchain-based platforms tackling internet’s flaws. The report revealed that companies are starting to design frameworks that will utilize blockchain to create innovative solutions.

• Current Media

• Verasity

• RightMesh

2 China Courts to Accept Blockchain Validated Evidence

Blockchain Records Will now be Accepted as Legal Evidence, China's Supreme Court Rules · Jackson Palmer Dogecoin cryptocurrency.

China has continued to show its support for blockchain technology. On September 7, China’s supreme people’s court published new rules for the litigation process of its internet dispute dedicated courts. A part of the publication revealed that the internet court shall accept evidence that is validated by timestamps, the blockchain, and digital signatures.

Back in 2017, China was the first country to implement an internet court. The court which was set up in Hangzhou has been a success. It has solved over 10,000 cases related to internet disputes. As a result, there are ongoing plans to set up two more internet courts before the end of this year.

The rules published by the Supreme Court of China is reported to be effective immediately.

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