The Blockchain Dispute Resolution Layer: Kleros

in #crypto6 years ago

The Blockchain Dispute Resolution Layer.

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Kleros provides fast, secure and affordable arbitration for virtually everything. Kleros: What do you mean when we talk about justice? Well, clearly this new platform is coming to change that.

How does it work?

Disputes in the global, digital and decentralized economy occur in areas where they cannot be resolved by state courts and existing dispute resolution methods.

Crowdsourcing leverages a global group of jurors. Blockchain guarantees the integrity and transparency of the evidence in jury selection. Game theory provides incentives for honest decisions.

My good friend Gabe complains all the time about his clients, who often gives in because the client is always right, who often loses money, after reading the Kleros platform for me everything is clearer and easier, I explained: Definitely many times the client is right but you can't keep losing your money, try to sell your assets or at least some and change for me to help you enter the world of cryptomoney, which he agreed to after a long time convincing him. Today he thanks me because he has recovered a lot of money he lost before. Gabe has a company that sells spare parts in the automotive field and often sells through the Internet, which many times the buyer is dissatisfied with, why? because most of the spare parts come with a serial number and the ,model that we see on the web, but sometimes these series change the model of the vehicle, something quite complete for a thousandth of details does not fit the used vehicles to which Gabe sells his spare parts, is tired of telling them that no money back but he often gives in and returns the money, saying that the customer is always right. With Kleros this change, now Gabe's customers will have to buy in cryptom currencies and accept at the time of order an intelligent contract so that at the time of delivery of the goods can not be returned. When it comes to a dispute, the resolution will come through Kleros.

PNK provides jurors with an incentive to vote honestly. Users who try to play with the system will lose money.

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