On June 5, Chinese media outlets reported that pilot program powered by blockchain will provide a big range of notary services in Suzhou, China. The information from China Quality News from local authorities states that the program plans to help millions of citizens easily access legal and government services through the internet. The pilot platform was made by the Suzhou Municipal Market Supervision Bureau. It will cover a range of services, including property rights, personal freedom, health, life and more.
People can access all of the information and materials through the cloud. Video and audio records will be shared to each notary for legal purposes. This will facilitate using real-time tracing functions. This network's name is the Suzhou Notary Chain. The network will allow law enforcement and administrative authorities to access it for online notarizing. It will perform the process through shared files on the cloud. When there is a dispute, all parties will have access to all information.
Conventional methods of storing video and audio files in a law enforcement database do not allow for easy distribution. With a blockchain-powered platform for notary services, it can all be processed on the cloud. The benefits of doing this include easy data storage, higher security, inability to tamper with the information and tracing of who accesses it when and what they do with it. All of these advantages increase the transparency of law enforcement and administrators.
China has been taking a lot of steps in order to adopt blockchain technology in multiple ways throughout the country. It plans to implement different systems in different parts of the economy. One media outlet recently reported on a Hainan province pilot program that has a goal of improving payments across provincial and national borders through the use of blockchain technology.
On June 2, the Chinese technology regulators and administrators released a cohesive plan that will make Hainan an area of free trade. This aims to encourage different institutions to make use of blockchain. Both private industries and publicly managed businesses will participate. Different government institutions will also be involved in the use of it.