From Social Contracts to Smart Contracts: Navigating Decentralization, Blockchain, and Kleros Arbitration

In this post, the author addresses how Blockchain operates independently of the internet, necessitating the use of an oracle as a connection point. This oracle serves as a conduit between the blockchain and the real world, conveying information about real-world events. They further discuss how as Blockchain technology underwent a separation from currency and its potential applications were being explored in various financial and interorganizational transactions, Blockchain 2.0 emerged to facilitate transactions beyond currency

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