Executive Vice President of Hangzhou Internet Court: Judicial blockchain deposit can realize the fixation of objective facts in six dimensions: time, place, and after, time, place and character

According to Xinhua News, Wang Jiangqiao, the deputy dean of the Hangzhou Internet Court, said in an interview that the judicial blockchain deposit can achieve the objective facts of the six dimensions of time, place, and time, time, place and character; When entering the litigation stage, the blockchain can effectively help judges to solve the problem of identifying electronic evidence, effectively identify the facts of the case, clarify the responsibilities of both parties, and ensure fairness and justice while improving the efficiency of trials. After the use of judicial blockchain technology, due to the factual findings and the evidence, the mediation rate of mediation disputes in Hangzhou Internet Court has exceeded 90%. Based on the existing blockchain, Hangzhou Internet Court further launched its smart contract service at the end of October this year. In the smart contract, the contract signed by both parties will be saved in digital form, and the contract can be automatically executed after the corresponding conditions are triggered. For example, the two parties signed a sales contract, and the contract was stored in a digital form. If the buyer confirms the receipt of the goods, the payment will be automatically made to the seller's account by the agreed date.