NEWS: Kleros, Decentralized Justice and the African Continental Free Trade Agreement (AfCFTA)

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Three millenniums ago, if you had a dispute with your next-door neighbour, you only had to take a few more steps and bring the case before the High Chief or High Priest. In today’s digital era, we have gone from next-door neighbours to next-tweet neighbours. The mesh of global interactions made possible via digital transformation, most times blurs when subjected to jurisdictional tests. 

Obviously, traditional dispute resolution methods are inefficient for the digital age. Several solutions have been attempted, but still yet to adequately satisfy the desires for three simple things: fast, affordable and fair.

Leveraging the blockchain technology, Kleros has made available a platform that resolves disputes digitally, while being fast, affordable and fair. This was achieved by simply innovating a classic system that worked in the ancient Athenian government. Using the Kleros platform as a dispute resolution layer,  a crowdsourced jury makes decisions on disputes brought before it.

Launched in 2017, the Kleros team began a Decentralized Justice Fellowship program in late 2018. The program brought together experts from the fields of law, business, economics, design, including developers, with the aim of carrying out focused research that facilitates developments in the different aspects of blockchain and dispute resolution. The first batch of Kleros Decentralized Justice Fellows is just rounding up.

The second coming of the Kleros Decentralized Justice Fellows kicked off on July 15, 2019. One of our writers, Faith Obafemi, a Digital Lawyer based in Africa is one of the 11 who will be participating in this second batch of the program. Faith’s research during her participation at the Fellowship will be exploring the implementation of the AfCFTA on the blockchain and recommending Kleros as an arbitration layer.

Faith happens to be the only African in the second batch among other lawyers, financial analysts, developers and university researchers from different countries around the world. Being primarily an online program, the location of fellows not a barrier to participation, although the Kleros team have arrangements for those who wish to do the program onsite at their base.

The program is to run for between three to six months depending on each Fellow’s research area. Their findings, proposals and recommendations will be made public upon completion and approval.

For more information on Faith click here
For more on Kleros click here

WORBLI