Smart contracts are designed to self-execute, but not to evaluate subjective information or to interpret complex evidence.
Kleros uses blockchain and crowdsourcing for evaluating complex evidence and adjudicating claims in a fast, transparent and decentralized way.
Users create a smart contract and choose Kleros as adjudication protocol.
The relevant information is securely sent to Kleros.
A tribunal is drawn from the crowd. Jurors evaluate evidence and cast their vote.
The decision is enforced by the smart contract.
Kleros can be used for dispute resolution and in a large number of situations where a decision has to be made transparently because it affects the interest of parties.
An entrepreneur hires a freelancer
for a software development gig.
A dispute arises about the scope of the contract.
Should the freelancer give the money back to his client?
A jury of software experts analyze the evidence and votes a
A smart contract transfers the money to the winning party.
An entrepreneur hires a freelancer for a software development gig. A dispute arises about the scope of the contract. A jury of software experts analyze the evidence and votes a verdict. A smart contract transfers the money to the winning party.
A startup raises money with a crowdfunding campaign. Funds will be released after the company presents a working prototype. The company presents a prototype and requests that the funds be disbursed. Kleros jurors vote that the prototype does not meet the requirements. The payment is withheld.
A song is flagged for plagiarism on a decentralized music platform. The jury determines that the song was indeed plagiarized. All payments are redirected to the copyright owner.
Maria T. Vidal