https://steemit.com/crypto/@victhor-ebis/re-originalworks-940-steem-sponsored-writing-contest-kleros-20180819t164642651z
Kleros
With what we read about kleros. It is simple to say that kleros, basically are body of conflict and dispute resolution.
Dispute as stated are a natural part of any interaction. In every organisation group and business businesses, conflicts are bound to be. Kleros as a network of jurors specialisation in various categories are capable of settling any form of business and individual dispute.
The Kleros resolut ion mechanism which is made up of the various subcourts defined by categories already classified it capability towards handling it jurors.
Upon this, there is no limit in as much as the parties can agree to the terms. A type of dispute for example that can be resolved in the Kleros platform:
• Case1:
Victor who is a dry cleaner has a small business, and depends on his income from what he can do best. He just secured a small client, Mr Tom who decided to patronise him. They agreed on a set of payment to be made totalling N25,000.
The first N10,000 released at the start of the job, N15,000 upon finishing.
After a few weeks, when victor finished the cleaning, he contacted Mr Tom to receive his stuffs upon payment. Mr Tom received them with promise of paying the balance before day ends. Days gone, no money and it became known to him that Mr Top is out of the country.
Victor now is full of regret, ..what can he do?.
Even with evidence of his interaction and there agreements, there no much to be done.
Had victor secured his agreement with Kleros, there would have been there would have been a panel of judges that could have helped to resolved the dispute, but without it, victor is out N15,000.
The Kleros incentive system ensures that the dispute resolution cost is low as the jurors are usually compensated by doing good.
Kleros2018
https://twitter.com/victhorebis/status/1031589992408272897
- victhorebis
