BLOCKCHAIN ‘WITNESS’: A NEW EVIDENCE MODEL IN CONSUMER DISPUTES

Concealing, falsifying, or altering court evidence is a significant issue on a global scale. An act like evidence tampering can serve as downright detrimental not only to criminal investigations and civil lawsuits but also the judicial system as a whole. In this article, Matej Michalko, CEO and Founder of one of the pioneering blockchain companies in the world, DECENT, explains how blockchain-supported evidence can be efficiently used to present legitimate proof in consumer disputes, demonstrating the benefits of using the secure, modern, and innovative technology inside the juridical sphere through authentic examples in which blockchain has served as a legitimate means for presenting evidence. As a leading figure in the blockchain scene, Michalko delves into various subject matters such as third-party evidence preservation platforms, judicial blockchain consortium, applying blockchain to trace online sales and protecting consumer rights, surging e-commerce consumer disputes and “off-radar” counterfeits, offering a global perspective on blockchain-based evidence preservation and its relevant developments in the judicial domain as well as exploring the technical principles, demand, context, judicial environment, and social significance of the application of blockchain technology in consumer protectio