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Saturday, December 14, 2019

All articles tagged Disputes (1)

Kleros Resolves Online Payment Disputes through Blockchain Technology and a Crowdsourced Jury System

Kleros Resolves Online Payment Disputes through Blockchain Technology and a Crowdsourced Jury System

In a Nutshell: Online arbitration platforms can be biased, inefficient, and costly for businesses to implement. And in the decentralized cryptocurrency space, scammers may take advantage of those without contracts or escrow services. Kleros is a third-party arbitration solution for cryptocurrency transactions founded by entrepreneurs well-versed in crowdsourcing and blockchain technology. Built on the Ethereum blockchain, Kleros uses game theory to incentivize anonymous jurors to rule... read more »