To combat fraud in Web3, we need a decentralised justice and reputation system
Imagine endlessly walking down the corridors of a dusty old courthouse in New York, London, or Melbourne to meet a judge who will be considering your NFT scam suit as soon as he figures out what a non-fungible token is… in half a year or so. While Web2 squeaks like an old cart and ambles along at the speed of the new century, Web3 needs to be much faster, more accurate, and transparent in all spheres, including justice.
Continue reading