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Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity

Altszn.com by Altszn.com
December 12, 2023
in Blockchain, Crypto, DeFi, Web3
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Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
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“The participants in the Q ecosystem (13 projects have signed on to use the services) are parties to the private contract that is the Q Constitution,” Biagosch said. “They have agreed therein that the ICC Court of Arbitration shall, based on the Q Constitution and through its rules of procedure, be the only mechanism to resolve disputes, instead of and alternative to nation-state court systems.”

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Tags: ApplyarbitrationCourtDeFidisputesgrowingIndustryInternationalmaturityProtocolRulessign
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