Blockchain will become an evolutionary tool in the legal field

Have you ever thought about the area in which blockchain technology can be applied? Such technologies were originally used in the financial field, and have recently quietly entered such fields as medical care, freight distribution, or real estate. With the development of cross-border technology, the blockchain will become an evolutionary tool in the legal field!

Zeng Yun, executive deputy general manager of Deloitte Risk Consulting Services Co., Ltd., said that in the financial sector, compliance with Regtech can be used to achieve compliance, risk control and internal audit. And so on; in Taiwan's LegalTech, in the past, few have heard of this type of technology products.

Blockchain will become an evolutionary tool in the legal field

Zeng Yun explained that due to the “non-repudiation” of blockchain technology, the future will effectively enhance the reliability of evidence protection and supervision. Once the information collected by the police is written, it is not easy to be tampered with, and when the participating nodes are faulty, the data can be restored through other nodes; therefore, the high-availability record of the evidence chain of custody and evidence-related information, and the information The system of writing and verification can also achieve the non-repudiation of information, and thus can be used as a new kinetic energy in the evolution of the LegalTech field in Taiwan.

It is understood that in the past, in order to maintain the integrity of the chain of custody, a complicated process of depositing and picking up evidence was derived. However, whether it is possible to make mistakes in handwritten papers, it is sometimes possible for people to have eligibility for government affairs. It will be confusing and even lose the evidence; this evidence management system is built into the application chain, and each exhibit will be equipped with a QR Code.

Zeng Yun explained that the task manager can designate the responsible person in the system, and the person can obtain the qualification for the collection and release of the exhibits. Before using the system, the system scans the QR Code on the evidence bag to obtain the qualification.

In fact, LegalTech represents the ability to support legal services through technology. In many current application scenarios, the eDiscovery survey assistance platform has been used by foreign countries to assist in the investigation of all kinds of data, whether it is a trust company or a lawyer. They can conduct data retrieval, analysis and review in a collaborative mode with great efficiency. This system will become a boost to the trend of Taiwan litigation in the future.

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