Why Mediation + Web3 Works
As the digital landscape evolves at an unprecedented pace, the adoption of Web3 technologies such as blockchain, smart contracts, decentralized finance (DeFi), Decentralized Autonomous Organizations (DAOs), Non-Fungible Tokens (NFTs), the metaverse and AI is disrupting every sector. The decentralized nature of Web3 technologies has triggered a seismic shift in how we interact, transact, and resolve disputes, prompting a reevaluation of traditional dispute resolution methods.
The dynamics of Web3 create novel conflicts and disputes that are happening faster and are more complex than ever before. From intellectual property disputes over NFTs to regulatory confrontations concerning DAOs and DeFi platforms, the uncertainties and complexities surrounding the application of old and new laws in the Web3 space are staggering.