Blockchain-based Dispute Resolution on the Kleros Platform: Trial by Jury or Arbitration?

Introduction In September 2019, Kleros, an online dispute resolution platform that utilizes blockchain technology and crowdsourcing, released the latest version of its White Paper. The Paper sets out how they aim to revolutionize dispute resolution, by bringing justice cheaply and efficiently to the masses. A glimpse at Kleros’ Twitter feed reveals an ambitious vision beyond just dispute resolution in smart contracts, into decentralized courts that theoretically could solve any dispute (FN1), and even determine whether Continue Reading →

Game Changes: Sony’s New Terms of Service

Last Thursday, Sony quietly added a binding arbitration and class action waiver section to its Playstation Network terms of service agreement.  The result: users now agree to proceed individually in any dispute against Sony, foreclosing the option to participate in new class action suits.  The terms also give Sony the option to handle any dispute through arbitration, the results of which are binding and final.  These changes come in the wake of several class action Continue Reading →