"Kleros project is very simple, because it is a decentralized platform"

For me, this is truly an ideal arbitration system, which by itself has no bureaucratic error, acts as a transparent and decentralized structure. Which I will develop into other court decisions in the future.

So we will surely achieve the most real justice for each of us in various areas of our lives. But I am convinced that this time is only a matter of time, which will sooner or later occur in our lives. After all, the world does not remain silent, everything moves and develops, and with that we grow and develop.

I hope you like the ideas and concepts of the Kleros project. Therefore, I invite you to the next part of my article, where you can learn more about Kleros official social resources.

Perhaps more than half of the people are faced with controversial problems and situations that if they cannot settle directly on the spot with another party, they must go to the judiciary authorities and the traditional system is now significantly outdated and improvements have not progressed. for decades.

Judges are usually appointed by the state and not elected by ordinary people, so all of this is in an objective direction, most of them accepting bribes and protecting paying users, as a result the whole system suffers and all day fewer people begin to apply to these bodies and can automatically apply any action to solve the problem, but this is not always the right approach.

The bureaucracy in this area is growing rapidly and you can easily see this because now bloggers, journalists are posting thousands of videos about investigations that are carried out unfairly, many mistakes and people who are condemned unfairly. This is a very important and relevant part of everyone's life.

What is Kleros?

Kleros is a blockchain and crowdsourcing based protocol that provides fast, safe and affordable arbitration for a variety of use cases.

Actually, the essence of the Kleros project is very simple, because it is a decentralized platform that aims to resolve disputes that arise within the scope of our people's lives. At the same time, the system itself acts as a decentralized and independent third party that allows the resolution of disputes between participants of certain intellectual contracts.

I'm sure you're a little surprised by what I'm saying. However, actually, smart contracts are created to comply with all conditions between the two parties. However, this smart contract is responsible for all aspects that lie within a decentralized network.

What is the Kleros Legal Entity?

Kleros was founded as Société Coopérative d'Intérêt Collectif (SCIC), a type of cooperative under French law. All revenue from sales of tokens will be saved as a non-shareable reserve. Funds can only be used for project development and cannot be distributed as dividends. To learn more about the Kleros legal entity, read this.

The Kleros platform team is developing a unique ecosystem and decentralized application based on the popular Ethereum blockchain, which will function as an arbitration to resolve disputes and situations among users using smart contracts of various levels and types of complexity.

This system eliminates the possibility of corruption, reducing the number of participants in the process, which will affect service costs, reliability and speed of completing the required tasks. Every automated trial process in terms of jury selection, providing evidence, and service will not depend on individual integrity, but is based on game-theoretic economic incentives.

On the platform can choose the type of court that most specializes in the case, then develop software, and insurance contracts. The team has made a large number of contract templates that will allow you to resolve disputes with confidence and correctly.

People who participate in the arbitration process are interested in an honest solution of this case and in economic terms, because they are rewarded for their active participation and correct work with digital PNK tokens, which are one of the main payment systems in this ecosystem. And the more tokens a user has, the more likely they are to be invited as jury members and pay for their work. This condition will motivate to be active and honest.

The team is actively working to create a system that is useful for completing discussions in areas such as insurance, selecting prophecies, escrow and micro assignments (for example, determining the quality and completion of work as casual workers). Pinakion digital tokens themselves already have a good capitalization of several million dollars according to this data

https://coinmarketcap.com/currencies/kleros/

Conclusion

Kleros represents a vision of the future based around the saga of a democratic system where every citizen can speak out, where justice is not controlled by a handful of strong people.

This vision is the driving force behind everything we do and we will be proud to see and hear how YOU see this vision come true.

This can be something simple, like a photo or picture, video or intervention in physical reality, but it can also be something as broad as a big story of more than 9,000 pages, everything works!