"We live in a society in which new forms of economic exchange and social interaction are playing an increasingly prominent role. We are witnessing the reinvention of global trade through microtransactions on these platforms, whose members also have a role in the governance of the platforms. The mantra of the new economic forms is decentralisation, enabled by new technologies, especially blockchain. These new economic forms need new models of dispute resolution. We are witnessing a so-called decentralised justice, where the state element of coercion and enforcement is greatly minimised. Can justice be done in a fully digitised form?"
Alex Stanescu is a lawyer and 2011 Leaders for Justice alumnus, partner at SLV Legal, a law firm focusing on new technologies. Alex was a legal officer of a blockchain infrastructure company and previously a policy officer at the World Bank in the trade and competitiveness department, as well as a visiting lawyer at Baker Botts London in the international arbitration team.
Alexandru Stănescu holds a Bachelor's degree and a Master's degree in International Arbitration from the Faculty of Law, University of Bucharest. He is a Fulbright Scholar and a graduate of the Master of International and American Law at Columbia University in New York and holds an MBA from Deusto Business School, Spain. He is President of the Spanish Arbitration Club Romania Chapter and member of LiderJust.ro Association.
His values include justice and the freedom to pursue happiness. Transparency in decision-making. Less corruption by cutting out middlemen. Collaboration as a form of added value in socio-economic relations ("the sum of the parts is less than the whole").