The Supreme People’s Court of China has formally determined that blockchain-based evidence is legally valid and admissible in court. While its national bank is straight-up proud of its efforts to curb cryptocurrency adoption by its citizens, the country’s judicial system just came out in favor of its underlying technology. A legal spat over copyright infringement between two Chinese companies brought this issue to a head. The plaintiff found the offending material online and took action, hashing the infringement and storing it in a distributed ledger managed by blockchain evidence platform Baoquan. Storing the material in this manner proves the time and date that something happened, giving the courts a chain…
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Why it’s so hard to hire anyone working on blockchain tech
Blockchain experts have a hard time calling anyone ‘boss’
Modern Consensus was on the ground in Berlin for BlockShow, a two-day festival boasting thousands of attendees, each one there to expand their understanding of blockchain technology and meet some A-list crypto-players. Between the public on-stage panels and the private conversations we had with attendees, one theme cropped up consistently: it’s hard to acquire the talent and human resources necessary to take a large or small company into the new blockchain-enabled future. We know the song all the crypto-kids sing: blockchain technology isn’t just about powering bitcoin and other cryptocurrencies, it’s a “new internet” setting a higher standard for how information moves and is validated around the world. This stuff…
