The court said that blockchain records will be used to authenticate the evidence as it provides a secured, efficient, convenient and low-cost alternative to third-party organizations.
Garlinghouse opens up about his view on Bitcoin along with the long-term impact of Ripple’s technology to drive the mass adoption of cryptocurrencies in the future.
China’s government believes that the development of national standards for blockchain will help to guide the industry in a structured way of progress.
Following a crackdown on bitcoin exchanges earlier this year, Chinese lawmakers are now considering suspending all virtual currency offerings in the country.
Factom collaborates with iSoftStone to shape a smart city strategy, which will roll out data storage, auditing, and verification service for several regions in China.