Review on Kleros by Pedro O. Alvino M.
Decentralized arbitration system
Establishing yourself as a digital judicial system can be an important factor today due to the situation that affects the world, high arbitrary and traditional judicial processes take time and money, therefore, having a fast and safe process is much, more feasible and economical, where much of Klero's architecture encompasses the Ethereum network, as well as the execution of its smart contracts.
Project open to any user, it is possible to obtain as much as PNK the Klero token and ETH by swearing within the Klero arbitration process, the registration process is very fast and consists of a guide to start voting within the system, although It will require a PNK stake to enter a court, in which each section can offer a different PNK amount and rewards.
Pros
- High variety of arbitrary products and services with blockchain technology
- Constituted as a decentralized application built on the Ethereum network
- It consists of a multipurpose judicial system, with a fully automated arbitration process.
- It is based on a fundamental vision of legal epistemology.
- It is designed under a mechanism similar to SchellingCoin.
Cons
- Accepting this arbitrary process can take time due to the high usability of traditional systems.
- The requirements for jury participation within the Kleros ecosystem may be relatively high in relation to the PNK stake.
