Kleros is a decentralized application built on top of Ethereum that works as a decentralized third party to arbitrate disputes in every kind of contract, from very simple to highly complex ones. It relies on game theoretic incentives to have jurors rule cases correctly. The result is a dispute resolution system that renders ultimate judgments in a fast, inexpensive, reliable and decentralized way.
Main sectors: Platform Economies & Service Sharing; Tokenization
Main applications: Disintermediation and decentralized networks;
Law/Legal Enforcement/Courts
Established in: 2017
Organisation: SCIC SAS COOPERATIVE KLEROS
Organisation type: Organizations (not companies) – Association
Founders: Federico Ast, Co-Founder; Clément Lesaege, Co-Founder
Partners: Blue Frontiers; Ink Project; DeversiFi; MarketProtocol
Country: France
City: Paris
Stage of project: Pilot
Geographical reach: International
DLT / Blockchain: Public – Ethereum
Other technologies: N/A
Whitepaper: https://kleros.io/whitepaper_en.pdf
Github: https://github.com/kleros
Twitter: https://twitter.com/kleros_io
This project is part of the #DLT4Good Scanning. ‘#DLT4Good: Co-creating a European Ecosystem of Distributed Ledger Technologies for Social and Public Good’ is a forward-looking science for policy project supported by the European Parliament, and coordinated by the Joint Research Centre (JRC) in cooperation with the Directorate-General for Communications Networks, Content & Technology (DG CONNECT). Learn more about #DLT4Good.
Originally Published | 14 Jul 2020 |
Related project & activities | #DLT4Good |
Knowledge service | Metadata | Foresight | #DLT4Good Scanning |