DSLA is a decentralized protocol that is designed to allow developers to natively manage the financial risks resulting from application and infrastructure failures.
To date, there are no reliable and cost-effective ways to reduce customers’ exposure to third-party service failures.
In addition, most customers do not have the legal resources to negotiate service quality agreements, and resolving disputes such as failures is time-consuming, labour-intensive and resource-intensive.
The DSLA protocol proposes financial coverage against faults, powered by peer-to-peer service quality agreements and programmable bonus-malus payments.
In this way, it allows anyone to guarantee the reliability of a service, and be paid if the service does not work as intended or does not meet expected expectations.
Furthermore, the DSLA protocol is more than just decentralized insurance, because it provides a comprehensive SLA management framework that improves service quality and turns reliability and operational excellence into a competitive advantage for service providers.
Being a decentralized protocol, reliability statements are verifiable via a secure and resilient service analysis index, and service level agreements are freely negotiable by anyone on a peer-to-peer marketplace.
Compensation is disbursed instantly in cryptocurrencies, as are possible rewards for accomplishments.
The protocol is powered by DSLA tokens, which are distributed to service providers, the people who vouch for them, and the users of the services themselves, based on good and bad service levels. The team is also working on adding DAI stablecoin support.
The launch of the DSLA protocol mainnet is planned for the first quarter of 2021, when the protocol’s smart contracts will be made publicly available.
Partners and supporters of the project include, among others, Harmony, Chainlink, Band Protocol and Elrond, while the core team consists of Wilhem Pujar, co-founder and CEO, Jean-Daniel Bussy, co-founder and CTO, Yosra Helal, blockchain developer, Matias Barrios, blockchain developer, Alfonso Santitoro, VP Marketing and Prosongit Sorker, digital marketer.
The core team is backed by product managers, developers and DevOps engineers contributing to DSLA Protocol and the DSLA family of products as per the DSLA Residency initiative, an effort to decentralize the project’s governance and sustainably empower the community to shape its future.