Post
Topic
Board Announcements (Altcoins)
Re: [ANN] PrepayWay – The New Paradigm of International Business Contracting
by
PrepayWay
on 10/01/2019, 10:23:25 UTC
The clauses you have for your arbitration system - https://smartarb.org/model_clauses
Can they already be used? Is there a fee that needs to be paid upfront?
Yes, the clauses can be used and no fee needs to be paid upfront, but only when the use of SmartArb solution comes to use. Otherwise, our fees start from as low as USD/EUR 500.

Here is a step by step guide how to use our Smart arbitration and mediation system:

Step 1: When drafting your contracts, include one of our Model Clauses. Guidance on choice is provided on our website.

Alternatively, if you already have a dispute but SmartArb was not agreed in the original contract, you can still call on our services to save time and money, as long as all parties agree.

Step 2: Contact SmartArb to initiate mediation and/or arbitration proceedings. The disputing parties can select their neutrals or rely on us to nominate neutrals from our roster of certified mediators and arbitrators.

Step 3: Get a decision that will be enforced via the Smart Contract or via the courts, if necessary.