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Professor Yueh-Ping Yang, Associate Director of our Center, has published a paper in the edited volume Judicial Digitalization and Access to Justice, entitled Crowd Wisdom in Smart Contract Dispute Resolution: Can Crowdsourced Dispute Resolution Be Considered Arbitration? . This study focuses on Smart Contract Dispute Resolution (SCDR), particularly the model of Crowdsourced Dispute Resolution (CDR). […]
Professor Yueh-Ping Yang, Associate Director of our Center, has published a paper in the edited volume Judicial Digitalization and Access to Justice, entitled Crowd Wisdom in Smart Contract Dispute Resolution: Can Crowdsourced Dispute Resolution Be Considered Arbitration?
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This study focuses on Smart Contract Dispute Resolution (SCDR), particularly the model of Crowdsourced Dispute Resolution (CDR). Such mechanisms integrate crowd participation with blockchain technology in an attempt to address disputes arising from smart contracts in a decentralized and expeditious manner.
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In his research, Professor Yang highlights that although these mechanisms demonstrate a high degree of innovation, they raise unresolved issues regarding legal classification, professional expertise, procedural fairness, and enforceability. By comparing the similarities and differences between traditional arbitration and SCDR, and reflecting on the essential elements of an “arbitration” system, Professor Yang argues that whether current SCDR mechanisms can legally be recognized as arbitration remains debatable. He further suggests that to be considered a true arbitration system, SCDR would need to strengthen its procedural safeguards.
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For publication details, please refer to:https://www.angle.com.tw/book.asp?BKID=17543
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