Our proposal is precisely to put a system to the test, since it allows the enforcement of a court decision, something that these other solutions do not offer.
The one you mentioned, SCC, requires the good will of the parties, things that cease to exist when a contract is broken.
For example, article 46 (Effect of an award - An award shall be final and binding on the parties when rendered. By agreeing to arbitration under the Arbitration Rules, the parties undertake
to carry out any award without delay) makes it clear that they do not resolve enforcement. In other words, this SCC proposal does not generate a private justice solution, since it fails to have private enforcement.
The PLS protocol would solve this problem and even help SCC address the weakness in its process.
Julio Santos /
npub12m…903ju
2024-10-09 15:12:21
in reply to nevent1q…ca44
Author Public Key
npub12mllp29adf2fw0eeahmseczcu3y4625qyn3v4uwfvkpzlshnmj3qs903juPublished at
2024-10-09 15:12:21Event JSON
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"content": "Our proposal is precisely to put a system to the test, since it allows the enforcement of a court decision, something that these other solutions do not offer.\n\nThe one you mentioned, SCC, requires the good will of the parties, things that cease to exist when a contract is broken.\n\nFor example, article 46 (Effect of an award - An award shall be final and binding on the parties when rendered. By agreeing to arbitration under the Arbitration Rules, the parties undertake\nto carry out any award without delay) makes it clear that they do not resolve enforcement. In other words, this SCC proposal does not generate a private justice solution, since it fails to have private enforcement.\n\nThe PLS protocol would solve this problem and even help SCC address the weakness in its process.",
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