The Paris Court of Appeal has taken a significant step towards embracing blockchain technology by partnering with crypto firm Unikbase. The objective of this collaboration is to leverage Non-Fungible Tokens (NFTs) for the authentication of documents and official acts, marking a progressive move towards modernizing administrative procedures.
Unikbase, renowned for its expertise in identifying and authenticating valuable objects, will now provide its services to the Commissioners of Justice at the Paris Court of Appeal. This integration of technology represents an exciting milestone in combining traditional systems with cutting-edge solutions.
The primary focus of this partnership is the creation of “digital twins” for official documentation. This process will be facilitated through a private blockchain network called “Legide,” built on the Hyperledger Fabric platform. Hyperledger Fabric, known for its promotion of interoperable blockchain technologies, ensures secure and efficient transactions within the Legide network.
Practically, the process involves the use of invisible ink to label physical documents, creating a hidden marker. This marker acts as a reference for a corresponding marking on the associated NFT. By doing so, two critical advantages are achieved – the certification of document authenticity and the ability to trace the document’s transfer at every stage. This dual assurance provides legally conclusive evidence of document validity.
The Paris Court of Appeal’s venture into NFT-based document authentication sets the stage for broader integration of blockchain technology into various everyday processes. While still in its early stages, this development showcases a promising trajectory for the harmonious marriage of tradition and innovation.