Kleros — Using Blockchain technology for resolving disputes

Kleros is a decentralized court that applies a peer-to-peer platform that uses community services and blockchain to bring the dispute resolution process to the community.
The world is always changing, and old technologies are becoming obsolete. And if it all started with traditional courts before, today users can use online court technology very conveniently and cost almost zero.

However, such a technology is currently very new to users because they do not trust the blockchain. After all, doubts are constantly being explored and spread, they no longer believe in justice, they only accept the damage that is not worth taking place.

In addition, many well-developed modern companies do not work well and are completely unoriented to the needs of the user.

But Kleros creators have completely changed the way users think about this technology, create a new technology and face all doubts about it.

Highlights of Kleros for today’s users

Modern peer technology users are primarily interested in the following metrics:

• Transparency of work at any connection
• The credibility of the jury
• Information security and reliable identification
• Cost reduction

And these important points are covered by Kleros, developed by a team of well-known blockchain developers and many who have long-term experience in their profession that has summed up these valuable benefits towards a future. Future further development

They have gradually adapted to the advancement of technology networking and have come up with great products like : Court , T2CR, Escrow, Realitio, Uniswap Ninja, Dispute Resolver, Linguo, GTCR, CryptoUnlocked, Your DApp

Especially among the most used technologies is probably Escrow. Transactions, rentals and payments are secured by unreliable dispute resolution. Companies often make Escrow to avoid the risks brought and do not trust each other. You must deposit payment into an escrow account. If a dispute arises, a Kleros jury will handle the settlement. Kleros Escrow protects both buyers and sellers by ensuring both sides comply with the agreement. Kleros selected a large jury to make a verdict. When examining the evidence, the jurors will make a decision enforced by the smart contract. All evidence is confidential in blockchain and no one can interfere with the procedure. Kleros provides a reliable standard for online transactions. With Kleros escrow, buyers and sellers can be confident that the other party will fulfill the obligations of their agreement.

Implementation process :

• Go to Escrow and create a new trade
• Enter the deal details
• If a dispute occurs, you can submit a contract and wait for settlement
• The judge will make a decision and the deposit will be given to the winner

The procedures are very simple but easy to use for all newbies. With almost zero cost, this new technology will certainly be more convenient than traditional technology

Kleros technology :

Kleros has been very developed in the blockchain market with a Layer 2 technology solution and has received a lot of cooperation from large companies, especially BPIFrance Financial Company has funded a large investment to the project. Can develop further in the future. Kleros will be the bridge between the block chains and the most widely used for businesses. But it is not enough to stand on the increasingly advanced Blockchain market with Layer 2 solution technology, so Kleros is also focusing on the SDK to easily develop Kleros products.

Not only is a decentralized project but Kleros can also apply his technology as a traditional trial by implementing ERC 792 arbitration standards in smart contracts that will easily help businesses claim online fairness, and the cost is very small, almost nil.

You can buy PNK here :

• BITFINEX = https://www.bitfinex.com
• UNISWAP = https://www.uniswap.ninja
• IDEX = https://idex.market/ETH/PNK

For me, I can say that the Kleros project is compatible with existing security and privacy platforms. I trust the men who developed or invented such a great project. As part of the Ethereum blockchain, I think they can have users and potential partners in the cryptocurrency industry, as long as they can get into the technical capabilities of giant platforms. That giant. I don't recommend investing but offering you some worthy projects that have the potential to be great in the future.

Website: https://kleros.io/

Telegram : https://t.me/kleros