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The Dongcheng Court disclosed that there are disputes regarding the application of blockchain in cultural relics auction.
According to the Gate News bot, the Dongcheng District Court of Beijing recently released the “White Paper on the Trial of Cultural Relics and Art Auction Cases (2014-2024)”. The report analyzes 137 auction dispute cases and points out that some auction institutions have already applied Blockchain technology to the digital recording of auction items.
The White Paper shows that there are still controversies in practical applications, such as private chain authenticity verification, timestamps, and electronic signature validation. At the same time, the diversity of certification institutions and certifiers, as well as the lack of unified standards, are also current issues.
Source of information: Wu Shuo
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