Circuit192 is simply an online arbitration platform. Its a form of alternative dispute resolution that is usually legally binding.

To use the service, first two parties would agree to the terms of the arbitration. They then both submit a testimony and supporting documents to the service. We'll then select a professional from the appropriate industry (through LinkedIn) to fairly arbitrate the dispute. The point is to make the whole process as painless as possible, while still giving just and valid resolutions.

So what do you think? Potential business or legal nightmare? (I'm leaning towards both myself). Thanks in advance as always.

Link: http://circuit192.austinbrandt.net/hn/

More details: http://austinbrandt.wordpress.com/2010/09/22/business-idea-voluntary-arbitration-network/