KLEROS Court: Is revolution of Dispute Resolution?
- Authors: Rusakova E.P.1
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Affiliations:
- Рeoples Friendship University of Russia (RUDN University)
- Issue: Vol 15, No 5 (2022)
- Pages: 278-281
- Section: Articles
- URL: https://journals.eco-vector.com/2072-3164/article/view/531733
- ID: 531733
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Abstract
The ongoing digital transformation of society has an impact on all spheres of life. The greatest change has been in commercial activities, including through the recognition of completely new means of communication and entrepreneurial activities. Decentralized widespread autonomous organizations have proliferated as the most common form of sensation in the crypto sector. The author set the task of analyzing the resolution of so-called "digital" disputes that were not settled by self-executing smart contracts. One of the innovative ways of disputes resolution was the creation of the Kleros court, which considers disputes arising on the Ethereum platform. The global digital community evaluates this mechanism as the most democratic and professional, due to the organization and implementation of it by the participants themselves. The author made an attempt to analyze the legal regulation of social relations arising in the process of considering and resolving digital disputes in the Kleros court.
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About the authors
Ekaterina Petrovna Rusakova
Рeoples Friendship University of Russia (RUDN University)
Email: rusakova-ep@rudn.ru
Dr.Sci.(Law), Associate Professor, Associate Professor of the Department of Civil law and process and International private law Moscow, Russia
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