By Michal Ptáčník
https://liberlandpress.com/2023/07/12/liberland-endorses-unicrow-escrow-protocol-offers-arbitration-services/
Liberland, July 11, 2023 – Liberland, the world’s freest country, has officially endorsed the Unicrow decentralized escrow protocol.
Unicrow, a permissionless escrow protocol, offers a secure platform for transactions, with native support for cryptocurrency and stablecoin payments. The protocol minimizes reliance on third parties by utilizing a set of immutable rules embedded in its open-source smart contracts.
The shared commitment to free trade between the Liberland government and the Unicrow team makes this partnership a natural fit. “Liberland is founded on the principles of individual freedom and free markets. Our partnership with Unicrow provides a robust platform that embodies these values, offering a secure, reliable system for trade between our businesses and citizens,” says Vít Jedlička, the President of Liberland.
In line with its commitment to transparency and accountability, Unicrow supports a third-party arbitration mechanism, minimizing the required trust level in the arbitrator. Liberland has stepped up to serve as an official arbitrator for individuals and entities wishing to use this service. Furthermore, Liberland is developing a network of reputable legal services to serve as impartial arbitrators.
Liberland invites individuals and entities incorporated within its jurisdiction to explore the benefits of this escrow service. Please feel at liberty to explore Unicrow and establish contact with its creators via their webpage for potential collaboration opportunities.
