Crypto Transaction Dispute Resolution

Kaal, Wulf A.; Calcaterra, Craig

doi:10.2139/ssrn.2992962

Cited by 15 publications

(9 citation statements)

References 1 publication

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“…As these traditional dispute resolution channels (including the courts) are poorly suited to this new category, blockchain-based "decentralized justice" platforms provide a viable alternative. For instance, some argue that decentralized justice enables more nuanced crypto solutions and produces greater certainty in the process (Kaal and Calcaterra, 2018).…”

Section: The Industry Of Decentralized Justicementioning

confidence: 99%

Decentralized Justice: A Comparative Analysis of Blockchain Online Dispute Resolution Projects

2021

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In recent years, the digital economy has experienced a growing number of transactions. Traditional dispute resolution methods such as court and international arbitration are ineffective for handling a large volume of small value claims across national borders. Decentralized justice is a new approach to online dispute resolution that combines blockchain, crowdsourcing and game theory in order to produce resolution systems which are radically more efficient than existing methods. This article offers a review of the decentralized justice industry and of the key players participating in it. It presents a number of key dimensions of the industry and reviews the mechanism design choices made by these different platforms. Finally, it discusses a growth hypothesis for the industry and how it may grow in the future.

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Section: The Industry Of Decentralized Justicementioning

confidence: 99%

Decentralized Justice: A Comparative Analysis of Blockchain Online Dispute Resolution Projects

2021

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“…These issues demonstrate how new technologies such as blockchain are accompanied with new understandings and visions of political experiences that influence a broader collective imagination of the political (Husain et al, 2020). Against this backdrop, a new market for scalable online dispute resolution based on 'distributed jurisdiction' has begun to surface that is only beginning to be understood (Kaal & Calcaterrea, 2017).…”

Section: The Emergence Of Blockchain Within the Legal Sectormentioning

confidence: 99%

“…We argue that while cryptocourts may provide an alternative path to justice, they are nonetheless embedded in emerging institutions of cryptocurrency speculation that require an analysis of the social, political, and economic relations between jurors, cryptocourts, and platform financialization. While existing research has focused on the legal implications of online dispute resolution platforms to identify best practices and policies to guide their development (Kaal & Calcaterrea, 2017;Koulu, 2016;Schmitz & Rule, 2019), there is a lack of conceptual and theoretical research into the socio-technical imaginaries of cryptocourts and their judicial implications. This is significant because dispute resolution platforms that people rely on to resolve various legal disputes have hitherto not been tied to larger institutions of platform and cryptocurrency valuation.…”

Section: Introductionmentioning

confidence: 99%

From cryptocurrencies to cryptocourts: blockchain and the financialization of dispute resolution platforms

Dylag

Smith

2021

Information, Communication & Society

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This paper contributes to emerging discussions of blockchain governance through an analysis of dispute resolution platforms that reimagine justice. We focus specifically on Kleros, a blockchain-enabled dispute resolution platform, that promises to secure, authenticate, and democratize access to justice for the twenty-first century. We advance the concept of cryptocourts whereby jurors, incentivized by accumulating cryptocurrency, rapidly mobilize using principles of on-demand crowdsourcing to resolve disputes. We critique the broader social imaginaries that cryptocourts such as Kleros will result in a more open, trustworthy, transparent, and democratic systems of justice. These platforms instead pose important questions concerning their potential impact on civil dispute resolution practices by embedding it within an economy of cryptocurrency speculation. This ostensibly results in a legal infrastructure founded on principles of financial acquisition that positions jurors as economic agents seeking to profit from disputes, and courts as computational systems that merely authenticate and secure the distribution of evidence and verdicts.

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“…Large, dominant corporations' emergence provides many goods and services (Lindqvist, 2018). Some believe that the principle of the contract is the law of the contracting parties, an incomplete code unless the contracting parties are equivalent and equivalent (Kaal & Calcaterra, 2017). Justice and economic equality between the contractual parties are essential for achieving the intended outcome.…”

Section: Freedom To Contract From An Economic Conceptmentioning

confidence: 99%

Economic Analysis of The Trade Contracts: An Economic Perspective

AL-BSHERAWY

2021

Akkad Journal Of Law And Public Policy

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The social, economic, and legal sciences system is an integrated system that requires knowing the nature and limits of the relationship between law and economy and whether this relationship is earthy or an equivalent relationship. We note that the research idea should provide a legal reading of the theory of economic analysis from a legal perspective since the basis of the convergence between economic law is the idea of benefits generally framed by the view of the contract. Comparing the corporate contract provisions in Iraqi and other legal systems will help us build this institution in Iraqi corporate law and avoid any disputes and disagreements between its members and third parties on the content of a corporate contract. This article proposes that Iraq should explore resolving the issue by implementing some rights inalienability limits in copyright law already present in several other jurisdictions abroad. It explores the rationales for implementing such rules in Iraq civil law, including uneven negotiating power, prediction, fairness, and valuable methods. These studies illustrate the capacity of various alienability measures to raise author compensation in the face of assertions that such limits are useless.

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Crypto Transaction Dispute Resolution

Cited by 15 publications

References 1 publication

Decentralized Justice: A Comparative Analysis of Blockchain Online Dispute Resolution Projects

Decentralized Justice: A Comparative Analysis of Blockchain Online Dispute Resolution Projects

From cryptocurrencies to cryptocourts: blockchain and the financialization of dispute resolution platforms

Economic Analysis of The Trade Contracts: An Economic Perspective

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