Kleros - Decentralized Court for a new dispute resolution that is fair on the blockchain

Probably more than half of the people faced with controversial issues and situations that if they could not solve on the spot directly with the other side, they had to go to the judicial authorities and this current traditional system is significantly outdated and its improvement has not progressed for several decades.

Judges are usually appointed by the state and not elected by the ordinary people, so that all this is in an objective direction, most of them take bribes and protect those users who pay, as a result of which the whole system suffers and the people every day less and less begin to apply to these bodies and can themselves apply any actions to solve problems, but this is not always the right approach.

The bureaucracy in this area is thriving and you can easily see this as now bloggers, journalists post thousands of videos about unfairly executed investigations, many mistakes and unfairly condemned people. This is a very important and relevant part of everyone's life.

The most basic drawback of the modern traditional justice system is of course its centralization and corruption component, which at its discretion easily solves issues in its favor and is enriched by this. But it's time to change this picture and this task is engaged in a promising project called Kleros.

The Kleros platform team is developing a unique ecosystem and a decentralized application based on the popular Ethereum blockchain, which will function as an arbitration for resolving disputes and situations between users using smart contracts of various levels and types of complexity.

This system eliminates the possibility of corruption, reduces the number of participants in the process, which will affect the cost of services, reliability and speed of solving the necessary tasks. Each trial process is automated in terms of jury selection, providing evidence, and the service will not rely on the integrity of individuals, but is based on game-theoretic economic incentives.

On the platform can choose the type of court that best specializes in the case in question, then develop software, and an insurance contract. The team has already created a considerable number of template contracts that will allow you to confidently and correctly resolve disputes.

Persons participating in the arbitration process are interested both in an honest solution of the case and in economic terms, since they are rewarded for their active participation and correct work with digital PNK tokens, which are one of the main payment systems in this ecosystem. And the more tokens a user has, the more likely it is that they can be invited as a juror and pay for their work. This condition will motivate to be active and honest.

The team is actively working on creating useful systems for solving discussions in various areas such as insurance, choosing oracles, escrow and micro-tasks( for example, determining the quality and completion of work as a freelancer). Pinakion's own digital token already has a good capitalization of several million dollars according to this data https://coinmarketcap.com/currencies/kleros/.

You have already seen that this system of justice based on blockchain technology will allow you to solve cases honestly, without the interest of third parties, and will give a new impetus to the development and improvement of the judicial power. Everyone can become both a juror and a simple user here. I hope you liked this project and want to learn more about it, so I leave all the necessary links below:

WEBSITE OF PLATFORM: https://kleros.io/
GROUP ON TELEGRAM: https://t.me/kleros
WHITEPAPER: https://kleros.io/assets/whitepaper.pdf
URL OF ANN THREAD: https://bitcointalk.org/index.php?topic=3214189.0
PAGE ON FACEBOOK: https://www.facebook.com/kleros.io
TWITTER: https://twitter.com/kleros_io
REDDIT: https://www.reddit.com/r/Kleros/
LINKEDIN: https://www.linkedin.com/company/kleros

Username : Ozie94

Profile : https://bitcointalk.org/index.php?action=profile;u=2103066

ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576