Watch / Kleros: Building a decentralized court system to arbitrate smart contracts

Kleros: Building a decentralized court system to arbitrate smart contracts

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Kleros: Building a decentralized court system to arbitrate smart contracts

Duration: 00:18:43

Speaker: Clément Lesaege

Type: Talk

Expertise: Intermediate

Event: Devcon 3

Date: Nov 2017

Smart contracts can’t take decisions requiring outside-world information and subjectivity. However they are a great tool to enforce those decisions. We explain how by drawing jurors at random and providing them proper game-theoretical incentives based on Schellingcoin principles we can design a trustless arbitration mechanism for smart contracts.
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