How Kleros can be used in practice

in eth •  4 years ago 

Screenshot_113.png

Hello dear readers, in the last article I wrote that Kreros is profitable and convenient to use, in today I would like to describe in more detail how exactly it can be used , I will give examples, I will tell you why it is more profitable in one case or another. I will also tell you about new features and features Kleros . Enjoy reading !

Screenshot_103.png

Freelancing has become a popular way of working together. But, unfortunately, freelancers are not immune from cases when the customer refuses to pay for the work performed, if they do not work through the exchange, which takes about 20% of the income.
Kleros solves this problem by providing a secure platform for dispute resolution in a digital environment.
The Kleros project was founded in 2017. The project was created to help people negotiate and resolve differences. After all, it is no secret that often there are situations in the relationship of two or more people that you would like to be judged by someone third experienced. But the situation is not serious enough to go to a traditional court with it. And it is unlikely that the classical court will accept such a situation for consideration.

Screenshot_114.png

Independent members of the jury who have relevant knowledge and experience are involved in an unbiased and comprehensive review of disputes. Modern problems require modern solutions.
Kleros allows you to solve such modern problems of people on the Internet that can not be solved in the usual way.

These include online conflicts and disputes in the following areas:

  • Money / loans;
  • Freelance disputes customer-performer;
  • Risk/Bank insurance;
  • Intellectual property issues;
  • Resolving disputes in the field of online Commerce;
  • Transactions using cryptocurrencies and blockchain technologies.

What is the resolution of disputes and conflicts with Kleros?

image.png

When a dispute arises between two users that they cannot resolve on their own, they involve a third independent party in the clearing and create a smart contract based on It to make a fair decision.

Information about this situation is encrypted in the blockchain and sent to Kleros

After the information about the dispute has been received in the Clearos system, the jury members are automatically selected on a random basis, but they have the competence to resolve the issue under consideration. They are selected by the system from users who have registered in the program as judges.

On the Kleros platform, the parties to the dispute can choose the number of judges and the division of the platform that corresponds to the subject of the dispute. Information about the identity of judges is not disclosed for two reasons: to ensure the safety of the judges themselves and to ensure the safety of the case under consideration - blind Themis. The competence of judges in a dispute is ensured at the registration stage when the judges pass the questionnaire and qualification tests.

How it works in the real world for example :

  1. Anya orders a service from Zhenya and deposits funds in Ethereum tokens, which are blocked by a smart contract.
  2. If Anya is satisfied with the quality of work, the smart contract sends coins to the address of Zhenya's ETH wallet.
  3. If Anya is dissatisfied with Zhenya's work, a dispute is opened and Kleros engages a judge to resolve the dispute. The judges carefully analyze the transaction and vote for the participant whose arguments in the dispute are the most weighty.

The smart contract executes the judge's decision automatically. This way Anya will get her money back if the work was done in bad faith. Otherwise, Zhenya will receive the funds.

Conflict situations can arise in any field: freelance, copyright, e-commerce, insurance, and many others. Attracting lawyers to settle disputes is a long and expensive process. These disputes are easier to resolve using blockchain. Kleros will help you do this faster and cheaper.

Screenshot_103.png

Mechanism for the administration of justice

After The composition of the panel of judges is formed, all its members receive information about the issue under consideration. After studying the information, arguments and facts, a secret vote is held on the issue under consideration. Each decision corresponds to the win of one of the parties, which of course is spelled out in the smart contract of the dispute under consideration.

If we consider a dispute over a purchase and sale transaction, then for such a sport, the smart contract may include the options" the seller is right/leave money with him", "the buyer is right/make a refund", "provide a replacement for a similar product/eliminate defects of the product free of charge".

After all the judges have voted, the votes are automatically counted. The winner is awarded to the contestant with the highest number of votes. After the final decision is made, the smart contract automatically puts the judges ' decision into effect.

The integrity and fairness of the KLEROS courts is based on the theory of focal points. this means that the members of the jury will vote fairly, based on the fact that their colleagues will also vote fairly.

This Honesty and fairness is rewarded by the project: members of the jury who voted for a false decision lose part of their Deposit, their tokens are transferred to those members who voted for a true decision.

image.png

The losing party has the right to appeal, similar to traditional courts. The case will be considered by an expanded panel of judges plus one judge. In order to prevent such situations from occurring in the future and for judges to give a high-quality motivation for their decision, the judges whose decision was challenged do not receive remuneration.

Kleros is a new project that makes it much easier to resolve disputes on the Internet. The simplicity and accessibility of the method creates new relationships between people and allows you to solve situations where third-party intervention is required.

Screenshot_103.png

This is a real app that can be used in the Kleros, and you can find out more about it at the links below :

Website: https://kleros.io/

Telegram: https://t.me/kleros

Github: https://github.com/kleros

Medium: https://medium.com/kleros

Mxc: https://www.mxc.com/trade/easy#PNK_USDT

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Extensive application, it looks very promising

Thank you for a good review, I read the article a couple of times ( :

Good article, there are few of them

Thank you for a good article , and where are tokens sold?

In General, there are a lot of exchanges , but I buy here , there are no documents required and good liquidity https://www.mxc.com/trade/easy#PNK_USDT

A good project and a good article

Cool article