Arbitrase
Arbitrase is a neologism used in discussions of automated dispute resolution to denote a mechanism or system designed to arbitrate disputes between parties, particularly in digital or computational environments. In its broad sense, arbitrase encompasses processes that collect and evaluate evidence, apply predefined rules, and issue binding or quasi-binding decisions with minimal human intervention.
The term does not refer to a specific biological enzyme; its use is metaphorical and stems from
In practice, arbitrase appears in contexts such as smart contracts, decentralized autonomous organizations, and algorithmic governance.
Scholarly and industry discussions highlight several challenges. These include ensuring fairness and transparency, preventing manipulation of
Arbitrase remains a debated concept and is often treated as a theoretical construct or design pattern rather