Delegated Dispute Resolution
Delegating disputes means that the two parties involved in the contract agree to hand over the resolution process to a third party, who acts as an arbitrator. The use of this feature ensures that the dispute resolution process remains fair and unbiased, as the arbitrator is an independent entity not affiliated with either party.
The delegated dispute feature is implemented on-chain, meaning that the resolution process is recorded on the blockchain. This ensures transparency and immutability of the resolution process, making it impossible for any party to tamper with the outcome.
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