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Forseti

GROWING TRUST AND FAIRNESS FOR SAFE CRYPTOECONOMY

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World is becoming decentralized

Blockchain and smart-contracts revolutionize the way we cooperate leaving execution to the algorithms and allowing humanity to safe time and efforts for greatest things

But there is a big problems still...
Blockchain doesn’t know anything about real world!
BUT STILL THERE ARE PROBLEMS RELATED TO human factor

Deprecated Courts

Even on blockchain disputes are solved by humans

  • Disputes in the global, digital, decentralized economy occur in areas where they cannot be solved by state court and current dispute resolution methods.

  • Smart contracts and blockchain best suited to become a better infrastructure for Online dispute resolution

    Smart contracts are smart enough to automatically execute as programmed, but not to render subjective judgments or to include elements from outside the blockchain.

Oracles

There is no trustable way to feed data to public Dapps

  • Blockchain technology promises to revolutionize business by utilizing smart contract, which in comparison to paper contracts impossible to breach or change in retroactive. However, today, smart contracts are isolated from outside world, because of blockchain deterministic nature, smart contracts don`t have access to external data such as APIs.

  • That's so-called an “Oracle problem"

    The current solution to this problem is introduced by new functionality, called an “oracle”, which are trying to bridge blockchain to outside world, but existing oracles services are centralized controlled by the single party(person), and any smart contract utilizing  it has a single point of failure, making such services no more secure than a centralized server.

Challenge

How we can resolve the disputes fair using the power of blockchain basis?
How we can provide trustable data from real world into blockchain?

Forseti

Forseti provide open, free and self-organized system for dispute resolution and data qualification using modern decentralized and transparent approach. As well as this Forseti has worked extensively in the past with seperate companies to build modern, technologically advanced tools like bitcoin superstar krypto robot which executes the trade autonomously.

Features

Transparent

Based on blockchain technologies - decentralized, independent and transparent

Open-source (free)

Open and free for everyone. Our protocol distributed under GNU/GPL license

Self-organized

Rules of protocol are customizable, providing balance and flexibility to meet customer needs

Fair

Dispute Resolution Based on reputation system

Key components

DA/MN

Decentralized arbitratration/
mediation network

DRM

Dispute resolution mechanism 

ISR

Incentivization system based on reputation

partners

Team

Forseti was born in 2016 when the first participants met on one of the blockchain  hackatons. During this time, we have become more. There are already many victories behind our shoulders ... and this is only the beginning.

Alexander Nikolaev

CEO, cryptoeconomics researcher

Denis Kaizer

CTO, smart contract developer

Alex Dodulad

Head of Product

George Verbitsky

Вusiness advisor
Managing Director Russia & CIS at eToro

Alexander Noxon

Technical advisor

Sergey Avdoshin

Scientific advisor