On blockchain, another chain… but this time for preserving evidence

Updates from 8/16/2016: This is NOT regulation, but this relates to law. “Fa Lian” (a.k.a. law chain), a commercial use case for electronic evidence preservation of businesses is announced on 8/16/2016. The participants of this consortium include Onchain, Microsoft China, Fadada and other unnamed organizations. Digitized information of a contract is to be broadcasted to the blockchain and once stored, it won’t be subject to modification by anyone. Thus, the process will satisfy the requirement for the preservation of electronic evidence. See http://tech.sina.com.cn/i/2016-08-16/doc-ifxuxnak0388064.shtml

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