Article V: Dispute Resolution
Section 1. Mediation. In the event of a dispute among members of the Gnodi Blockchain community, such parties shall endeavor to resolve such dispute in good faith, with the assistance of a mediator appointed by the Council of Guardians. Such appointed mediator shall be a member of the Council of Guardians selected by the Council. Any such appointed mediator shall have no interest, financial or otherwise, in the outcome of the dispute. Such mediator shall work in good faith with the parties to reach an amicable solution.
Section 2. Arbitration. In the event that a dispute cannot be resolved via nonbinding mediation as set forth in Section 1 of this Article V, the parties shall submit their dispute to arbitration before the Council of Guardians.
Such arbitration shall be governed by a Code of Arbitration Procedure to be adopted by the Gnodi Blockchain via an approved proposal as set forth herein. Such a Code of Arbitration Procedure shall adhere to certain fundamental tenets, including:
• The rights of the parties to present evidence and call and cross-examine witnesses, in such manner as appropriate to the situation. • Reasonable assurances that any evidence and testimony is trustworthy, but without overly literal adherence to any rules of evidence or procedure used in court proceedings. • Assurances that all members of the Council of Guardians hearing such dispute are impartial and without interest, financial or otherwise, in the outcome of the dispute. • The requirement that any decision be valid and binding only if approved by a majority of the members of the Council of Guardians hearing the dispute, and that the votes of the members shall be made available to the parties to the dispute. • The right of the parties to request and receive, should all parties wish, an explained decision by the Council of Guardians. • A mechanism to ensure the timely satisfaction of any award issued by the Council of Guardians.
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