1, the establishment of the organization is legal, is led by the China Electronic Chamber of Commerce Blockchain Specialized Committee to establish the blockchain based on the source of the lawsuit governance technology infrastructure and information service system. It is intended to build a judicial collaboration system centered on blockchain electronic evidence deposit and smart contract resolution disposal, and blockchain data *** enjoyment.
2, the model is legal, is through the blockchain, big data, artificial intelligence and other technology applications, for the Internet dispute cases, especially small and micro-finance cases, efforts to build the source of prevention first, dispute resolution front, peer-to-peer asset checking and freezing buckle, a new type of credit and discipline system, to create a new model of the chain governance.
3, the purpose is legal, the financial dispute time limit is accelerated, reducing the workload of the judicial system, saving time and cost, so that the credit function efficient service and work. So the side chain of the balance chain is legal.