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ARTICLE · 20 AUGUST 2021

Chain Of Justice Or Broken Link?: Blockchain And Crypto Dispute Resolution

Technologies such as cryptocurrencies, smart contracts, and blockchain applications have become immensely popular in video gaming.

United StatesTechnology

Technologies such as cryptocurrencies, smart contracts, and blockchain applications have become immensely popular in video gaming. Blockchain and crypto-based games like Axie Infinity are increasing in numbers and a number of gaming and esports organizations even rely on these technologies to manage and run their operations, as is the case with MetaClan. While much has been written about the application of blockchain technologies in video games, there is very little guidance available regarding how to navigate legal disputes that can arise from the use of these technologies. For instance, what happens when parties do not agree on how much Bitcoin was agreed upon as payment or that actually has been paid into a wallet? What redress do family members have for recovering the assets in a deceased loved one's wallet if they do not have access to their password? These questions could be solved through dispute resolution.

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