Dispute Resolution
Some legal disputes are best left out of the courts. We’ve seen how smart contracts
can enable decentralized, independent, autonomous adjudication of commercial
disputes. Smart contracts are indifferent to notions of fairness or justice, however, and
unable to reconcile conflicting versions of facts. Even more revolutionary for
adjudication than a verifiable record of evidence, the blockchain can be the platform
for P2P dispute resolution. In this model, a jury of hundreds or thousands of your
peers could weigh in to effectively, as Pamela Morgan of Empowered Law said,
“crowdsource justice.”
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