The Importance of Physical Possession in Arbitration

As a fail safe you are essentially proposing binding arbitration which for some reason another the digital trust the smart contract is not enough for both parties. But as we proceed with the to consider dispute resolution that biases the outcome and to the degree that the outcome of physical possession is different than the outcome of that would happen from arbitration one of us has an incentive to push forward. That becomes a lot of the game theory if you will around whether or not to dispute contractual arrangementwhether or not to bring it to human dispute resolution.

Play episode from 33:07

Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app