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Showing posts with the label ODRPlatforms

Blockchain & ODR

Blockchain & ODR If you've been following tech news, chances are you've heard the term "blockchain" thrown around. But what is blockchain, and how can it be used in online dispute resolution (ODR) platforms? In this blog post, we'll explore what blockchain is, how it can be used in ODR, and how platforms like Kleros and Resolutio are already making use of it. What is blockchain?  Blockchain is a distributed database that is shared among the nodes of a computer network. It is a secure and transparent way to store data, and it is tamper-proof. Blockchain is used to record transactions, and it can be used to track the ownership of assets. At its core, blockchain is a secure and transparent way to store data. It's a distributed database that's shared among the nodes of a computer network, meaning that no one person or organization controls it. Transactions on a blockchain are recorded in a way that's tamper-proof, meaning that once a transaction is rec...