Introduction of jury.online And token.

in juryonline •  7 years ago 

It is a great site is Ethereum smart contracts provide a path towards more transparent and efficient dispute resolution; but ultimately, they are just frameworks for us to build upon.

What is jury?

Jury.online is very impportant which provides a protocol which enables interaction between parties of a deal and its judges for blockchain transaction which is free and open for use by the public.

HOW IT WORKS:-

The information stored in blockchain network is open, since common database simultaneously  exists  on  all  computers  that  are  part  of  the  networ.After 2008 Blockchain technology became widespread.Parties agree on the terms of the deal, then the deal is placed into the blockchain in form of smart contract which stores money in cryptocurrency. After successful execution of the deal the money is transferred to the recipient. If the parties have a dispute, their deal is revised by a panel of field-expert jurors who make the final decision by a majority vote. 

Watch video

FEATURES:-

1. Blockchain-agnostic protocol

Jury is the open source protocol and have clear specification with the possibility of integration with blockchain with smart contracts.The protocol is independent of underlying blockchain technology.

2. Fair trial and an anti-corruption system              

Jury incorporates a range of anti corruption systems. Juros will not know the verdicts of other hurors to prevent them. Eonomic and rating motivation forces judges to investigate and resolve disputes correctly.

3. Jury market

Jury shapes decentralized indeependent jurors market. It provide a price for which they are ready to work and may accurately estimate their riks.

TEAMS 

Thanks for teams for making this wounderful site.

Thanks alot.

Tokens will be distributed as follows

  • 70% will be available for sell 
  • 20% go to the jury.online team and will be blocked for a period of 6 months. After that period 10% of the total amount blocked will be unblocked every month, will the whole sum therefore unblocked will be unblocked every month, with the whole sum therefore unblocked in 16 months after the ICO end
  • 7% go to advisers and for bounty programmes
  • 3% remain as stock of liquidity to ensure flawless and independent operation of jury.online befor token enters cryptocurrency exchange and market stabilizes, as wwll as for compensations in exceptional cases.


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