Beijing Dongcheng Court: Some auctioneers of cultural relics and artworks use blockchain technology to digitize records, but there are still disputes

avatar
PANews
06-14
This article is machine translated
Show original

According to PANews on June 14, the Beijing Dongcheng Court released the "White Paper on Judicial Trials of Cultural Relics and Art Auction Cases (2014-2024)". It points out that some auctioneers use blockchain technology for digital recording, but there are still controversies regarding private chain authentication, timestamp disputes, and electronic signature verification. The diversity of authentication institutions and authenticators, along with the lack of unified standards, leads to significant subjectivity and uncertainty in authentication results. There is also considerable debate about whether authentication certificates can serve as legal evidence in case trials and to what extent they influence judicial decisions.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments