The internet and blockchain technology has made it possible for different types of projects coming upon the blockchain, projects that seems unimaginable but have come to fruition in the most exponential manner.
The advent of the internet has been massively applauded by many as a rise to the new generation of technology, with blockchain and AI Technology leading the way, the amounts and types of data and information processed per time is becoming vast and unimaginable, ranging in billions of data per second.
Human system of judgement have been enforced on so many grounds and is proving slow and time consuming, with millions of dollars spent daily on disputes resolution. Some law courts have had cases span fot 6 months to three years, with individuals spending more money than they bargained for and more money than they can afford in settling those disputes, and most times the cases are not ruled accordingly...
Have you heard about Kleros?
Kleros is an ethereum based third-party arbitration platform that enables effective decentralization of the Legislative System,by assigning juror roles to individuals from different parts of the world, who are skilled in such area of specialization.
Kleros is an opt-in court system, incorporating all kinds of disputes resolutions and allowing users to make the choice of dispute courts to be used for effective arbitration of their cases.
Kleros platform can be used for all types of platforms, from simple arbitration of commodities disputes to very highly complex disputes between three or more insurance agencies involving several dynamic smart contracts. It can be used in social media, e-commerce, gaming, contests and competitions, arbitration etc.
Unlike traditional disputes resolution, where cases can be settled in the inner room, Kleros offers small and large companies transparency of judgement where jurors from different background sits on a particular case and grants decisions using a polled voting structure, making it more reliable and effective in issues resolution.
THE TEAM
THE ADVISORS
THE PARTNERS
INTRODUCTION VIDEO
For more information, follow these links:
• Kleros Website
• Kleros WhitePaper
• Kleros Medium
• Kleros YouTube
• Kleros Telegram
• Kleros Twitter
• Kleros Github
• Kleros Forums
Unsourced images are from Kleros Website and Kleros WhitePaper .
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