Fake Seals Cause Trouble Again, What Role Can Blockchain Play

Author: Gong Quanyu "Fake seals" and "forged contracts" frequently trigger commercial fraud incidents, even catching Tencent off guard. Can blockchain technology with its unforgeable characteristics solve this problem? On July 1st, internet giant Tencent suffered an unusual setback due to the well-known fake seal issue. According to a notice from Guiyang Public Security, three suspects forged the company seal of Lao Ganma and impersonated the company's marketing manager, signing an advertising agreement worth 16.24 million yuan with Tencent. Now Tencent faces the embarrassing situation of having launched the advertisement but being unable to recover the funds.