Jiangsu Economic News: Blockchain technology application brings opportunities for grassroots courts

Jiangsu Economic Daily published a paper today "Blockchain technology application brings era opportunities for grassroots courts to carry out their work". According to the article, blockchain technology, as an important concept and underlying technology of bitcoin, was first used to solve the "dual-spend problem" that arises from the abandonment of banks as third-party institutions during the transaction of bitcoin. After "mining", the first year of application ushered in 2018. The in-depth integration of on-chain data and off-chain judicial information systems has also brought opportunities of the times for the enforcement of trials by grassroots courts. The article mentioned that the blockchain technology is to provide a possibility to completely solve the difficulty of depositing certificates, to provide a possibility to break data barriers, and to provide a possibility to achieve a new speed of trial.