= "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". [1]

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* Article: When Online Dispute Resolution Meets Blockchain: The Birth of Decentralized Justice. by Federico Ast. Stanford Journal of Blockchain, Law and Policy, June 2021

URL = https://stanford-jblp.pubpub.org/pub/birth-of-decentralized-justice/release/1?

"This paper reviews the main theoretical principles underlying the nascent field of decentralized justice and the early empirical experience in real life use cases. Part of the Blockchain & Procedural Law seminars (Max Planck Institute Luxembourg for Procedural Law).

The Online Dispute Resolution ("ODR”) industry was born in the 1990s. As the Internet became a part of people’s everyday lives, many also sought to leverage the web’s potential for the creation of virtual courts that would greatly increase the efficiency of dispute resolution procedures. This vision, however, failed to fully materialize. To some extent, early ODR solutions only brought an incremental innovation that streamlined existing alternative dispute resolution procedures, but did not create any disruptive innovation with the potential of generating a more than 10x advantage over existing methods. In recent years, a number of technological innovations in computer networks such as blockchain and the growing use of cryptocurrencies enabled new types of mechanism designs for online dispute resolution. This emerging approach, which may be called decentralized justice because of the decentralized nature of blockchain and of juror networks, enables the possibility of a radical increase in the efficiency of dispute resolution. This Essay reviews the main theoretical principles underlying the nascent field of decentralized justice and the early empirical experience in real life use cases."

Decentralized Justice

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