In a recent article, David Kay at Liti Capital argues that blockchain can open up litigation funding to a wider pools for investors.
He argues that until now litigation finance has only been available to the top 1% of investors and he identifies two blockers to this - a funder needs to be accredited and 'you need to have hundreds of thousands of dollars to spend'.
However he states that blockchain negates these blockers. In addition he outlines that it is 'fast, cheap and permission less transactions.'
Commenting on the news, Disputed.io Commercial Director says, "Justice should not be restricted to the wealthy so why should investing in it be? Our litigation marketplace has taken great steps to reduce the barriers to accessing litigation through an open platform, blockchain technology could take that a step further."
Litigation finance adds value to society by giving the little guy a seat at the table so that everyone can be heard. Although many choose to participate for the promise of a high ROI, the result is the same. It levels the playing field in a game dominated by money.
https://forkast.news/blockchain-litigation-finance-small-investors/
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