Article: The Use of Blockchain Technology in Online Dispute Resolution

Blockchain, Crypto

The Use of Blockchain Technology in Online Dispute Resolution

Although we can say that the use of blockchain technologies in ODR can benefit society, sometimes it can curb justice too. The low-value cases hardly exceed the litigation threshold in public courts, it can be a cause of concern whether they can be resolved by ODR. At this time, when block-chain based applications are more practical and easy to use and methods like smart contracts are gaining popularity, a strong legal system should react to it.

Questions on regulating cryptocurrency, regulating communities advocating for them should be answered. But there are certain questions that need attention, but we seldom focus on; the irreversibility of blockchain transactions and their meaning from a legal perspective, infrastructure for such redress mechanisms, assumptions within the smart contracts, etc should be properly addressed.

Read full article

Article: 5 Most Notable Events in the DeFi Space

Blockchain, Decentralized Internet

5 Most Notable Events in the DeFi Space

As the crypto world recovers from NFT-mania, the decentralized finance (DeFi) space is gaining traction once more, ready to re-occupy its positions as prince of the crypto-space. BeInCrypto explores 5 notable invents that have been pivotal for the DeFi space.

  1. Uniswap Launch
  2. SushiSwap Fork
  3. Yearn.Finance Fair Launch
  4. Smart Contracts for DeFi
  5. Bitcoin’s Genesis Block

Read full article

Article: Distinguish “Smart Contract” From Abstract Idea To Pass Blockchain Patentability Scrutiny

Academia, Blockchain

Distinguishing to Pass Blockchain Patentability ScrutinyDistinguish “Smart Contract” From Abstract Idea To Pass Blockchain Patentability Scrutiny

Smart contracts are often mentioned in blockchain-themed patent applications and recited in claims. However, Examiners without a thorough understanding of this concept or unfamiliar with blockchain technology often equate smart contracts with legal or commercial contracts stored on blockchains. As a result, the Examiners may find claims directed to merely applying the blockchain technology to execute legal or commercial contracts, for example, as part of a commerce system, like hedging.

Read full article

Article: Why Bitcoin is better than money

Crypto, Money

Why Bitcoin is better than money

Bitcoin has been at the heart of this acceleration towards digital finance and money.

Because of its powerful benefits, and with Governments debasing their currencies by printing money to fund huge debt and spending, Bitcoin is now, too, being accepted as a store of value and an important investment vehicle.

We encourage investors to learn and understand how an allocation to Bitcoin may provide enhanced returns and lower risk for investors in a rising inflationary environment.

Read full article