INNOVATING IN DISPUTES: KLEROS / CONTEST

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The following article is intended to provide you with an alternative application of justice in the era of digitisation, blockchain and cryptocurrencies.

Disputes are part of life in society, human beings think differently and have different opinions and ways of doing things, however, to live together in peace we must reach agreements, so that our actions do not harm others, and this is not always easy, because between two reasons full of subjectivity is difficult to achieve a consensus to choose one.

Currently, unresolved disputes between the parties are going to court, this is associated with a great cost of time and money, so much so that many times it is not worth trying even and there is always someone who unjustly loses.

And in these times, when globalization and decentralization are the order of the day. We see the growth of digital transactions, in an environment where there are no borders, without counting the world of possibilities that are hopeful in the good development of the technology of the blockchain.

Fortunately, borned an alternative called KLEROS, which has arrived to solve these cases at a very low cost and in a very short time. But...

What is KLEROS?

Kleros is a decentralized platform that offers dispute resolution services according to a contract of adhesion (opt-in), with KLEROS you have a network of specialized juries, capable of resolving your dispute, with the following "Resolution Mechanism".

It is also important to know that KLEROS is an autonomous organization of Ethereum, with the strength that this represents.

Resolution Mechanism.Source

How can I access KLEROS?

You can enjoy KLEROS through an intelligent contract, in which the parties involved decide what they want from KLEROS.

In this case you have a choice:

"-Number of juries
-Category of contract (subcourt)
-Results"

The more important the subcourt is, the more relaxed it is to resolve any difficulties that may arise.

How it works?

Please note, in any contract you could add a clause stating that in the event of any disagreement, the dispute will be resolved through Kleros court, and then, if necessary, it will be activated by means of a simple electronic application, isn't that great?

In addition, the system is designed to prevent fraud, so it will not be so easy for one party to be abused by the other.

Juries are rewarded or penalized according to their verdicts, and as we have learned, in a reputation-based system, it will be very difficult for anyone to lose it for a few coins.

For those of us who are in steemit it is easier to understand because concepts such as reward, delegation of vows, punishments, among others, are handled.

A simple example would be if someone buys something from someone else through a website. The person receiving the product may not be satisfied with what they received, but the person who sent the product says that what was delivered was offered. In the absence of an agreement between the parties, the buyer then, as already established in the contract, activates the claim clause through KLEROS.

KLEROS, for its part, has at its mercy a well-trained court that is encouraged to participate through the reward system. By simply making a request for arbitration, candidates from home or elsewhere can propose to settle cases online and KLEROS will be able to choose juries based on their ability and reputation. The more successful a participant has, the better the reputation and therefore the reward. It's actually another very clever way to take advantage of blockchain.

Arbitration fees are handled according to the following figure:

Arbitration FeesSource

For those of us who are in steemit it is easier to understand because concepts such as reward, delegation of vows, punishments, among others, are handled.

A simple example would be if someone buys something from someone else through a website. The person receiving the product may not be satisfied with what they received, but the person who sent the product says that what was delivered was offered. In the absence of an agreement between the parties, the buyer then, as already established in the contract, activates the claim clause through KLEROS.

KLEROS, for its part, has at its mercy a well-trained court that is encouraged to participate through the reward system. By simply making a request for arbitration, candidates from home or elsewhere can propose to settle cases online and KLEROS will be able to choose juries based on their ability and reputation. The more successful a participant has, the better the reputation and therefore the reward. It's actually another very clever way to take advantage of Blockchain.

Use Cases

Its area of application is very extensive: "Escrow, Micro tasking, insurance", etc. In the following figure we can see some practical uses of KLEROS:

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Of course this is just a sample of the wide range of possibilities that KLEROS offers, if you want to know more about this new project, you can visit the following web addresses:

• Kleros Website
• Kleros WhitePaper
• Kleros Medium
• Kleros YouTube
• Kleros Telegram
• Kleros Twitter
• Kleros Github
• Kleros Forums

This is an entry to a contest by @originalworks and sponsored by Kleros.
Information about the contest can be found here

kleros2018

Translated with the assistance of www.deepl.com/translator.