Kleros Escrow Tutorial
Last updated
Last updated
Kleros Escrow is a secure and decentralized escrow Dapp that can be used for any exchange of goods, assets, or services involving an Ethereum-based asset.
Using Kleros Escrow, you can transact in the blockchain ecosystem for services, products, and assets using our simple solution with a level of trust not yet known outside the traditional commerce space. If a dispute happens, it will be adjudicated by crowdsourced jurors selected and incentivized by the Kleros protocol.
(One tab for each step)
To start an Escrow transaction, you will need to connect your wallet and initiate a new payment or invoice.
1.a/ Go to the Kleros Escrow website
If you don't have a web3-enabled browser, you will need to connect your Metamask wallet or WalletConnect to use the Escrow service.
Once you have connected the wallet to the app (the wallet will ask you to confirm the connection), you will need to ensure you have some Ether (ETH) loaded in the wallet to interact with the Ethereum blockchain (pays transaction fees) and to be able to pay for the Escrow transaction you'll be setting up later.
You should now be able to see the homepage shown below
The homepage offers you the chance to create new escrowed transactions and review those that are open, in progress, pending dispute, or closed.
1.b/ Subsribe to notifications
Before we get started, remember to sign up for email notifications to not miss any important deadlines. It is important as if one of the parties raise a dispute about the payment and you do not answer, they could win the case automatically.
1.c/ Create a new Payment
To start configuring an escrowed payment, click on the blue "New Payment" button on the top right (or the "Create New Payment" card).
1.d/ Select an Escrow Type
On creating a new payment you'll get an option to select the type of Escrow transaction you want to create. Select one and click on "Next".