Predicting the Emergence of Common Law Through Blockchain

Ast is presently the Co-Founder and CEO of Kleros, a blockchain dispute resolution layer for virtually the whole lot.

A majority of the globe’s economic activity presently works fully online. The Internet has exceeded regular jurisdictional avenues of commerce and governance channels. What’s more, the markets at one time were regulated by bureaucratic, old-world structures are becoming increasingly more composite.

All these digital activities are driving the need for new universal law solutions. Today, the infrastructure that exists is not set up to professionally handle the billions of international trades and transactions that the new era of commerce has ushered in. Fortunately, there is a method for the world to establish an efficient mode of control and that’s using blockchain technology.