Thailand’s Office of the Court of Justice is developing In-House, a blockchain-based network protocol that will transfer and store all court records and judicial information to a distributed ledger possibly by 2021.
According to the announcement which is written in Thai, the said country’s Court of Justice will be the one to oversee the creation and maintenance of this blockchain network, whether it be to transfer or collect information for all courts.
The country’s Court of Justice monitors 91% of all courts, and various court officials are now being trained on how to utilize the new blockchain-based system. Once the system has become available for use, these skilled officials will become the platform administrators.
The announcement comes as part of the Thailand 4.0 policy, which seeks to promote social welfare, raise human values, boost its economy, and safeguard the environment. It also aims to support the implementation of next-generation technologies including robotics, smart devices, biotech, and more.
The country will also undergo intensive software upgrades across the public sector. Through the policy, it hopes to boost its gross domestic product (GDP).
Thailand claims that its In-House system will be the world’s first judicial blockchain, even though the Chinese courts had already begun using blockchain technology since 2018. In fact, China claims that its courts are now using blockchain-based electronic seals to secure property.
Earlier this year, the country’s Public Debt Management Office (PDMO) of the Ministry of Finance also sold 200 million baht ($6.42 million) in savings bonds through a blockchain-based e-wallet.