An Ethereum-based decentralized arbitration platform
Kleros is developing an Ethereum-based autonomous organization for a decentralized third-party arbitrator to arbitrate disputes in every kind of Ethereum-based contract. The project relies on game-theoretic incentives to make jurors rule cases correctly. The goal of the platform is to offer a dispute resolution system that renders judgments enforced by smart contracts in a fast, efficient, transparent, and decentralized manner.
Kleros was launched in 2017 and headquartered in Paris. The company continues to develop the project and establish partnerships in order to expand the use cases and usability of the platform. The jurors’ mechanism will make everyone interested in decentralized arbitration to participate and help other users and earn rewards at the same time.