Decentralized arbitration to address blockchain disputes

Once bitcoin was created, there appeared a necessity to resolve disputes that emerge in decentralized society. The rise of Ethereum and smart-contracts emerged in recent years and intensified the request for a decentralized type of legal entity, capable of providing answers to all types of smart questions.A few years ago a group of enthusiasts inspired with the technology proclaimed that: “Code is law.”
Though, right now we are witnessing how governments of different countries a