Jur is a justice as a service on the blockchain built to recreate trust in business relationships, allowing people to safely make agreements digitally enforced thanks to a peer to peer dispute resolution system. The dispute resolution layer can be used by platforms, smart contracts and third-party applications. On it, we create the first marketplace of smart legal agreement to allow anyone to create smart legal agreement in simplicity, pay, have an escrow on the blockchain and, in case of dispute, have a rapid, incorruptible and economic dispute resolution.
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Jur is creating an all-inclusive ecosystem for managing contractual relations that includes: (i) a framework to allow professionals to create legal contract templates supported by smart contracts to automate business transactions; (ii) a marketplace for such smart legal contracts that facilitates the dissemination and creation of new high-quality contracts; (iii) an integrated blockchain-based dispute resolution system.
This ecosystem is conceived as an alternative to traditional methods, as a response to the inefficiency of justice systems administered by state authorities, and it is driven by principles of free market, efficiency and economic incentives, with the aim of creating a new form of digital jurisdictions. The project developed by Jur will offer new opportunities for multinational enterprises (“MNEs”) to optimize their operational flows, but above all will give small and medium enterprises and individual professionals a new way to do business in a safe and reliable way.
Jur is bringing the “new internet of contracts and jurisdictions” to the world to create a new stage of evolution in business relations.