“Hui Cun” is a blockchain platform that deals with electronic data storage. The platform was launched in January by the Shanghai Xuhui notary’s office.
The blockchain platform “Hui Cun” was introduced in January 2020 by the Shanghai Xuhui notary’s office. 40 companies have used the platform since then.
The firm has already handled over 3,000 cases
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The Chinese online medium Jiemian describesthe platform as a blockchain-based electronic data storage protocol that includes notarial functions and is responsible for the collection and storage of evidence. Via a blockchain network, the protocol can save images, videos and screen recordings for use in the event of a legal dispute. The content is not saved locally, but uploaded to the Hui-Cun server during the recording. The program should appear for PC and smartphone.
Pan Hao, director of the notary’s office in Xuhui, claims that blockchain technology is open, transparent and non-manipulable. Furthermore, the authenticity of the electronic evidence stored on the platform is guaranteed.
The authenticity of the electronic evidence stored on the “Hui Cun” platform is guaranteed and provides the court with a platform to further promote the use of new technologies in the collection of evidence.
The blockchain platform should also reduce certification costs by an average of 44 percent
The combination of the authenticity of the certification body and the credibility of blockchain technology has resulted in effective evidence of electronic data,
so Pan Hao continues. The aim is to provide the entire region with notarial services and thus to help millions of citizens in the event of a legal dispute. The Suzhou authorities announced Hui Cun back in June as a pilot project that includes services related to personal freedom, life, health, property rights.