This blockchain technology startup envisions a new future for dispute resolution. Jury.online has a number of applications including customer protection, dispute resolution, escrow, milestone payments and overseas deals.
After parties agree to terms, the deal enters the blockchain as a Jury.online smart contract. When the deal is successfully executed, the money (which has been stored as cryptocurrency) is transferred. If a dispute arises, "their deal is revised by a panel of field-expert jurors who make the final decision by a majority vote." The lawyer-replacing blockchain technology startup decentralizes the independent jurors market and implements a fair trial and secure corruption-preventing system. Its open source protocol also works separately from Jury.online's blockchain tech. It offers customization of judging and easy integration with other platforms too.
Lawyer-Replacing Blockchain Ventures
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