China launched new blockchain to protect copyright.

0
25

The Copyright Society of China (CSC), a public, government-tied institution launched the China Copyright Chain. The new blockchain can document proof of digital assets, monitor infringement activities, collect evidence online, issue notices to remove piracy products and help courts settle copyright-related disputes and process lawsuits

In 2018, China’s Supreme People’s Court recognized evidence authenticated by blockchain and considered it legally binding. The Internet courts in Beijing, Shanghai and Guangzhou have started using blockchain to conduct meetings and document court records, Yuanming Qin, chief justice at the intellectual property division of China’s Supreme Court, said at the forum. 

“The blockchain can significantly reduce the cost to protect digital copyright, increase efficiency and provide new ways to collect evidence, trade digital assets and protect the rights of these copyrights’ owners,” Xiaohong Yan, chairman of CSC.