These China-based notaries are using the Blockchain to manage their client’s ...
They’ve been quietly handling thousands of cases for months now. 40 firms have used Shanghai’s blockchain-powered notary platform to handle over 3,000 cases since its launch in January.According to Jiemian, the "Hui Cun" platform (which is managed by Shanghai Xuhui Notary Public) is a blockchain-based electronic data storage protocol that exercises notarization functions. It stores pictures, videos, and screen recordings on the platform via a blockchain network. These files are then preserved for use in litigation.Shanghai’s Xuhui Notary Public Office claim that the platform allows them....
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On December 15, Ubitquity LLC launched a new Blockchain-based notary platform BitNotarize in alpha. The platform will allow people to upload and keep their documents on the Blockchain. The platform can be used along with a traditional notary system, making it more simple and convenient. The platform offers a whole bunch of notary services on the Blockchain without the need to even leave your house. You can even sign them via the Blockchain. It can be used along with a traditional notary system, ensuring additional security and reliability. Nathan Wosnack, CEO of Ubitquity stated they’re....
Bitcoin Blockchain presents us with endless possibilities. Apart from being a ledger for bitcoin transactions, Blockchain has expanded to accommodate various applications. It is now being increasingly used to create proof of existence, intellectual property management, medical records management, smart contracts and even internet of technology applications. Proof-of-Existence on Blockchain for IP and Innovation. Blockchain provides a secure, transparent and economical way to file and manage documentation. Each non-transactional entry on the Blockchain will have its own hash key which can....
Dutch bank ABN AMRO has launched a blockchain application called Torch to help facilitate real estate transactions and exchange information. Developed in partnership with IBM, the blockchain application is a sweeping ledger that will be accessible by every party involved in a real estate transaction. Such as, buyers and sellers, landlords and tenants, ABN AMRO – as a bank, notaries, appraisers; the Land Registry Office and the Chamber of Commerce which is the country’s business register; as well as other regulators. Announced late last week, all of the above parties will – each in their....
Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network. Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China.According to a press release by R3, the news marks the first occasion of the BSN developer being able to resell enterprise blockchain technology from an overseas company.Since the R3 deal is with BSN China, developers will create a permissioned version of....
“We just want to make Bitcoin great again,” Purse said about its latest announcement. “Bcoin,” the company says, is a solution to help it manage wallet infrastructure without creating a “menace to the [Bitcoin] network.” Purse’s Bcoin to Help Build Bitcoin Infrastructure. The startup’s first crypto-currency offering was in discounts for Amazon. To....