Currently, the world is going through an accelerated digitalization process, where everything or almost everything is done digitally, creating a series of needs to soak up the issue if we want to make a purchase, or as now we see a legal dispute we see ourselves emboldened as we do not everyone has what we want. The existing methods of arbitration are excessively slow, expensive and unreliable for an online world and in real time.
So here I bring you an excellent option if the legal dispute is treated in a clear and decentralized clear process everything we want we can find here in Kleros, To know what Kleros is about we must begin to know that it is a Dispute
Disputes are a natural part of any interaction. Some disputes are handled through a friendly conversation, while others can be terribly long and laborious for both parties involved.
It is a decentralized application built on Ethereum that functions as a third party to arbitrate disputes in all types of contracts, from very simple to highly complex.
It is based on the theoretical incentives of the games so that the jurors direct the cases correctly. The result is a dispute resolution system that makes final judgments quickly, economically, reliably and in a decentralized manner.
Create a global, digital and decentralized system where state courts or traditional methods of conflict resolution can act kleros can do so it is offered a great solution.
It connects users who need to resolve their disputes and juries with the necessary skills to solve them fairly. Our resolution protocol uses blockchain and jury technology in open and distributed collaboration to adjudicate each case quickly, safely and accessible.
• Contract
• Dispute
• Selection
• Judgment
Open collaboration allows access to a global jury community. Kleros is an optional judicial system. Smart contracts have to design a Kleros as their arbitrator.
Since this is the case, blockchain technology guarantees integrity and transparency when selecting juries. When they choose to participate, the contract creators choose how many members of the jury and which court will decide their contract in the event of a dispute. Game theory provides incentives for honest participation.
Kleros uses game theory and blockchain in a multipurpose arbitration protocol capable of supporting a large number of applications in e-commerce, finance, insurance, travel, international trade, consumer protection, intellectual property and academia among many others
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