Klero the Best to Resolve Disputes Online

Hello, a great Affective Greeting for all. I wish you to have excellent days of many successes, health and hopes in this beautiful world full of many opportunities to be successful.

I think one of the things that most of us are pretty clear about today is that through telephony, satellite connections, computers, smart devices and the Internet, any citizen of any country in the world can get in touch almost immediately with friends, family and even strangers, regardless of whether they are physically separated by thousands of miles away.

In fact, the interactions that are carried out are not only to communicate amicably with each other, but also to establish contacts with companies, conduct commercial and business operations, and even to work, based on a distanced and very close to the time investor/entrepreneur, buyer/seller or worker/employer online relationship.

Therefore, in these modern times this wonderful connectivity to which has been added the universe of blockchain technology and cryptocurrencies, thousands of web sites are reproduced that at each moment come into contact with millions of users, to innovate, market, work, develop, negotiate, invest and generate contracts, forms of payment and commercial and asset exchanges at all times; to foster a multitude of new and valuable opportunities for all.

In the same way, conflicts, differences of opinions, errors, misunderstandings, frauds, varied interpretations, different visions and consequently disputes between users, also multiply; to cause material losses in assets, time, money, friendships, in societies and the essential trust.

Klero organization chart for dispute resolution

Source Whitepaper: https://kleros.io/assets/whitepaper.pdf

However, everything described above can be avoided or resolved if there is the presence of a balanced referee or honest judge, who acts with fairness and impartiality, as is Kleros (https://kleros.io/); who acts without compromising the privacy of the data of the parties in dispute, to ensure the greatest possible fidelity and reliability.

That is to say, in this introductory context, today I want to share with you my points of view regarding Kleros (https://kleros.io/).

Kleros (https://kleros.io/) is a new decentralized blockchain platform, which aims to cover the previously mentioned needs; based on a network of specialized juries in various categories, who are available to adequately resolve any dispute, with an additional to achieve a complete harmony between the involuntary parties.

In addition, Kleros (https://kleros.io/) is a kind of decentralized authority transfer, with applications and executions of smart contracts built on top of Ethereum, which obviously functions as a decentralized third party or arbitrator to resolve disputes in all types of contracts, providing confidence in the referred arbitration of disputes.

In fact, Kleros (https://kleros.io/) means an evolution in smart contracts, based on guaranteeing an agreement where the two parties in conflict, who grant the jury's experts the right to vote and decide on who is correct, in case of dispute.

According to Kleros's Whitepaper (https://kleros.io/assets/whitepaper.pdf):

Kleros (https://kleros.io/) is "a dispute resolution system that renders definitive judgments quickly, economically, reliably and decentralized."

Therefore, a person or company can make a payment to a smart contract or an escrow account and with the trust of Kleros (https://kleros.io/), with the security and freedom to send an offer to through its system of new financing rounds, and if it agrees, the counterparty has the option to accept voluntarily, choosing to go directly to a public sale.

In this sense, it can be said that Kleros (https://kleros.io/) is a secure, fast, reliable, fair and completely automated arbitration procedure platform, once a smart contract is established, with previously registered users. as acceptance of the parties.

Therefore, the contract with Kleros (https://kleros.io/) as an arbitrator will have to be accepted by both parties; then, you can decide on the number of juries that are requested for the arbitration and to which court the disputed parties will want to submit. In fact, there are several different arbitration courts that will be set up to deal with disputes.

What is essential for arbitration, is that with the tokens of Kleros (https://kleros.io/) it is known that there is enough money to support and compensate the jury for analyzing the evidence and voting a verdict fair.

So much so that the members of the jury get more tokens while the better their work is, to motivate them to do their job as it should be.

The operating scheme of Kleros (https://kleros.io/) is based on the reality of the crowdsourcing juries who will define what is the appropriate price that should be used to resolve the contract. And in technical detail for the resolution of disputes related to the stored data, if a dispute arises, it will be resolved through the protocol of the decentralized dispute resolution system of Kleros.

Therefore, Kleros (https://kleros.io/) defines a clear scope of work for those who sign smart contracts and provides the confidence and security that the client needs; because this decentralized platform system guarantees that it provides a jury process that is fair, respectable, professional, transparent, balanced, non-manipulable, competent and works in a safe and reliable manner.

To conclude, we have that the Kleros philosophy (https://kleros.io/) is based on "Peer to Peer Justice" for any dispute.