Blockchain smart contract technology was first applied to the Chinese judicial field

According to China News Network, the Hangzhou Internet Court applied the blockchain smart contract technology on the 24th to enhance the smart contract by creating a closed loop of the whole process of “voluntary signing—automatic fulfillment—following the inability to intelligently file-intelligent trial—smart execution” Execution efficiency, full process record of network data and network behavior, full link trust, full node witness, all-round collaboration. The reporter learned from the hospital that this technology was first applied to the Chinese judicial field. It is reported that smart contracts define contracts that can automatically enforce contract terms in digital form. In the blockchain domain, a smart contract is a piece of code stored on a blockchain that is written and read in a blockchain database and triggered by blockchain transactions.