Blockchain Online Dispute Resolution Projects

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* Article: Decentralized Justice: A Comparative Analysis of Blockchain Online Dispute Resolution Projects. By Yann Aouidef, Federico Ast and Bruno Deffains. Front. Blockchain, 16 March 2021 | doi

URL = https://www.frontiersin.org/articles/10.3389/fbloc.2021.564551/full

"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."

Abstract

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."

(https://www.frontiersin.org/articles/10.3389/fbloc.2021.564551/full)

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