Kleros is a decentralized arbitration service that leverages blockchain technology and crowdsourcing to provide fast, affordable, and transparent dispute resolution across various industries, including e-commerce, finance, and insurance. By utilizing smart contracts and cryptoeconomic incentives, Kleros ensures impartial decision-making by randomly selecting jurors from a global community.
Company Info
- Founded: 2017
- Team size: 11-50 employees
- Funding: $3.5M
- HQ: France
- Sector: Litigation
What We Haven’t Verified
This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.
Workflows
Based on practitioner evidence, Kleros is used in these workflows:
What practitioners struggle with
Real frustrations from legal professionals — the problems Kleros addresses (or should address). Sourced from practitioner reviews, Reddit threads, and case studies.
International arbitration team manages proceedings across London, Singapore, and New York with different procedural rules, time zones, and tribunal preferences — no single platform coordinates hearing bundles, real-time transcription, and virtual hearing rooms across jurisdictions
Two companies sign a smart contract for a $50K software development engagement — the deliverable doesn't meet specs, but filing a traditional arbitration claim through JAMS or AAA costs $10K+ in fees alone, takes 6-12 months, and neither party wants to spend more on lawyers than the dispute is worth
Community Data
Loading practitioner-sourced data…