‘How to Resolve Smart Contract Disputes – Smart Arbitration as a Solution’

“Recent developments in ‘smart’ digital technologies, in particular blockchain technology, are changing and challenging the framework in which business is conducted. A prominent feature of the decentralized world of blockchain is that there are no external authorities, whether public or private, which can dictate or verify any of the transactions that are added to the system. This characteristic makes the system favourable for application by businesses as it does not require the involvement of third parties, thereby making the execution of the entire transaction more efficient and less burdensome …” (more)

[Mateja Durovic, Oxford Business Law Blog, 1 June]

First posted 2018-06-01 12:10:14

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