Solution
THE SOLUTION USING CARDANO BLOCKCHAIN
The proposition of a 'Litigation Blockchain' based on Cardano to solve the problems in the justice system in Pakistan is just the beginning. If a successful, powerful and sustainable ecosystem to bring about disruption in the incumbent lethargic and ineffective legal system demonstrates results in Pakistan, the fight to end corrupt and ineffective Judicial systems can be taken to other beleaguered countries. An ecosystem using a technology-based crowd-funded network of experts, lawyers, retired judges, investigators and media people is the need of the hour. In this ecosystem each stakeholder is incentivized to seek and maintain the truth, callout the corrupt, reward the honest and surprisingly, get financially rewarded while performing all the good deeds.
Blockchain is an amazing technology that can provide a complete ‘vigilance ecosystem’ driven by the citizens to expedite and ensure Justice (INSAAF). For example, the ‘Insaaf Token’ can help expedite justice by financing the costs for hiring the best /qualified attorney(s) to litigate cases. Imagine pursuing a case against a rogue corporation that sells expired and/or contaminated food items. It would simply be impossible to make them accountable without incurring heavy legal fees. The only check against this unabated and reckless rise of poor quality, unsafe and unhealthy sale/distribution of goods by greedy and indifferent corporations is if the community collectively litigates and sues them for damages. Through Blockchain-driven frictionless 'crowd-funding' models, ordinary citizens can contribute small amounts and get returns. Crowd funding can challenge large corporations and fight lawsuits to recover damages.
Blockchain technology by its design tackles age-old issues of (a) Trust, (b) Accountability, (c) Transparency, (d) Frictionless processing of documents and transactions, (e) Accuracy of content, (f) Immutability and lifelong protection of records, (g) Audits, and, finally the implementation of a fully transparent and inclusive governance System.
Blockchain's use in the Judicial Vigilance can solve for the following;
1. Funding of Legal Fees for all kinds of Cases
a. Lawyers Fee
b. Bails and Bonds Payment
c. Payments for Witness Protection
d. Pursuing corruption in politics and elections
2. Selection and appointment of qualified and appropriate lawyers
3. Track case progress (Dates, Adjournments, Evidence documents etc.)
4. Track the performance of the Judges hearing Cases
5. Track the performance of the Lawyers working on Cases
6. Reward the Lawyers for their work (beyond legal fee)
7. Reward Insaaf Token Stakeholders for their contribution
8. Permanently keep records in an encrypted form
9. Provide Citizens with trusted Oracles on Case Law, CPC and other help
10. Payment for AI Development and assistance on SingularityNet AGI Platform
11. Provide On-Line guidance and advice for citizens by Legal Professionals
12. Provide a Platform for Education on Law for Citizens and Professionals alike
13. Ensure NO incident of wrongdoing goes unreported and unattended
14. Ensure Full Media Accountability (Anchors, Reporters & Investigative)
15. Full Accountability of Police and Bureaucracy
16. Most importantly BUILD A NATION by ensuring JUSTICE FOR ALL !
The use of 'Blockchain' and 'Smart Contracts' in the judicial system holds the potential to truly 'democratize justice' and ensure that powerful and influential people can never influence justice just as Banks and Financial giants will no longer be able to control money in the near future. No longer will people be unjustly charged for unproven blasphemy, no longer will the media ignore rape and murder of the poor, no longer will someone rot in jail for years because they lacked money to hire a lawyer.
With Insaaf Token, the rich and powerful simply will never be able to escape the collective pressure of the majority - no matter how rich and powerful they may be. Furthermore, the press and media will also be under check and reluctant to create false narratives as blockchain's powerful mechanism of content irrefutability, durability, transparency and accountability will ensure that 'The real truth' wins - much sooner than expectations.
The need for citizens' action to aid in the reform and fix the judicial system is obvious as neither Pakistan’s politicians, bureaucracy, judiciary, nor the military or any other organization has the capacity to fight the broken system which has its roots in influence of the billionaires and powerful. Blockchain technology will give citizens of Pakistan the power to fight the corrupt system by providing a technology-based crowd-funded network of experts, lawyers, investigators and media people - each incentivized to seek the truth, callout the corrupt, acknowledge the honest, and most importantly get financially rewarded for doing all the good.
"Initial Litigation Offering (ILOs) are a breakthrough for both individuals lacking the resources to seek remediation, and for retail investors who are often locked out of the most highly-performant asset classes. They are fundamentally unique from any other investments, and the creation of the ILO marks for the first time blockchain technology will be used to democratize financial products at a multibillion-dollar scale."
After winning the litigation, the all damages awarded and collected are distributed to the token holders (contributors). It is a win-win for the victim and the token holder. Once the case is settled and the- the Smart contract controlled INSAAFTOKEN automatically returns the money back to the lenders / contributors with a reasonable return.
Last updated