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Launching the World’s First Multi-jurisdiction ODR Platform
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Zug, 28th July 2020 Dear Community, After months of work and preparation, despite the COVID phase, we are really excited to publicly announce the Open Justice Platform. Originally named as the “Court Layer” in our whitepaper, the solution will be addressing a global problem in a radically new way, a use case made even more urgent by the COVID pandemic.  Let’s build the future of justice. The platform's initial release is scheduled for the end of Q3 of this year. This announcement has a different structure than the usual ones. Our goal is to give you a first overview of the context, reasons, and strategy of this release. More detailed information will be published over the next 3 months. Justice, as a multi-sided global problem In every country on the planet, the average time needed for getting one first instance judgment and its enforcement takes 600 days and costs around 25% of the value of the dispute. This is a sub-optimal situation today that most of us accept despite the huge losses it creates in terms of GDP, not to mention the human suffering that is associated with these injustices. This negative situation is getting even further enhanced by the COVID-19 pandemic. The dimension of the justice problem The Justice problem is global, multi-sided, and fragmented. It is not easy to estimate the size of this problem. Taking the UK jurisdiction as a reference, a recent analysis addressed some of these numbers and they are appalling. A similar approach could be taken for every other jurisdiction as well. Alongside our academic partners, we will be analyzing the data in a deeper way but it’s reasonable to say that the dimension of the problem is in order of several trillions per year (yes, you read that right). World’s first multi-jurisdiction Online Dispute Resolution.  What we propose:  A globally accessible and reliable judge for civil and commercial disputes. In  36 months from now, we want to have at least one Hub (i.e. Online Arbitration Chamber) in each one of 166 Countries where the legal framework we use is applicable (UNCITRAL Model Law). 30/60 days justice. Each Hub ensures dispute resolution of any kind (preferably targeting disputes under 1M USD value) in 30-60 days. In more complex cases (when technical consultancies are needed) it can take more. The digitalization of the process cuts the time and simplifies the bureaucracy. Affordable. The cost of this procedure is around 5% of the value of the dispute. This means that for a dispute of 100K USD of value, one or both of the parties pay 5K USD and in 30 days have a legally binding decision (an arbitration award). A unique global standard. Our model is made for being the same wherever you are. As an example, the Uber experience is roughly the same in Bangalore or in Rome or in Dubai. The car might change but the efficiency and reliability of the service is the same. A better equilibrium. In the last twelve months, we spoke with dozens of stakeholders at all levels (mostly policymakers, lawyers, arbitrators, legal counsels, CLOs, CEOs). We found an incredible response and we think that with our solution everyone gets advantaged. Governments reduce the problem of backlog in public courts. Lawyers are empowered to be more efficient. Current arbitration chambers might expand their reach to target more services that are currently uncovered. Decentralized in the features. The full trial is 100% online and enhanced in critical points by blockchain. For example, given a specific pool of arbitrators selected according to expertise, the selection is randomly generated through a DLT-based algorithm that ensures truly random selection. A peer-review system for providing, in case of need, an internal second step (or revision) of judgment and objective ongoing quality assessment of each. Advanced rating system to assess the quality/reputation of every single arbitrator, guaranteed thanks to a decentralized assessment mechanism that leverages game theory. Micro-Justice. We will keep expanding the work done on the Jur Beta Platform as R&D for addressing micro-sized claims that are not currently addressed in any way worldwide (e.g. disputes of 100 USD). Road to decentralization. We believe that in a 10-20 year timeframe new decentralized models and crypto-business models will be the leading ones. We think that justice is one sector that will benefit from decentralization. We are thrilled about the new milestone ahead and delighted to finally announce this. Stay tuned for more upcoming news! Don’t forget to check out the new landing page of the Open Justice Platform:

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Jur Market Report #3 — Q2 2020
Jur AG ("Jur") is publishing quarterly Jur Market Reports providing regular updates on the state of the market. This includes partnerships, institutional strategies, and relevant JUR token-related announcements. Jur, being a responsible stakeholder and a JUR Token holder, has chosen to be transparent about its token management to keep the community and other contributors informed. The current report refers to Q2 ‘20 (April 2020 - June 2020).  As a remark, future market reports will be published within 10 days from the end of the quarter in review to accommodate events that happen in the last days of the quarter. Q2 2020 Highlights   In the second quarter of 2020, the team focused mostly on tech development, business development, and network model improvement. Most of the results of the activities carried out in Q2 ‘20 will be announced over the Q3 ‘20. On the tech development side, Jur has successfully completed the porting of the Jur Beta Platform (which contains the basic feature of the Jur Editor and the decentralized ODR system, the Open Layer) towards the new VeChain’s Connex interface. This allows any user to connect to the Jur Beta Platform just by downloading the Sync browser. You can read more on this major improvement in the user experience and ease of adoption here.  Jur has also focused on two additional features mostly focused on the community side both for token holders and to gain adoption for its future products. These two features will be announced over the next quarter. To prepare the groundwork for the upcoming product that will be announced in the next quarter, Jur has started both product development and business development activities to create a strategic network of professionals and organizations for its launch. With this goal in mind and to be close to the community members during these difficult times Jur organized a series of global webinars. The main subject of the webinars has been: smart legal contracts, blockchain-based dispute resolution and dApp business modelling in the legal sector. The response has been overwhelming with an average participation of 133 registrants (90% legal tech lawyers) per webinar. Given the general numbers in the legal industry, this can be considered a successful activity. During these webinars, Jur got the chance to connect, talk and engage with around 300 law firms over 65 countries and 254 cities. Jur will be studying with each of these law firms ways to cooperate to grow the Jur’s ecosystem further.  Regarding the network model, Jur has focused its attention on analyzing and studying solutions carefully to ensure the ecosystem’s growth. A series of articles will be published over the next quarter as a result of this activity. This lays down the foundation for the upcoming product release. Private contributors The second release for private contributors has been issued as per the policy described in Jur Market Report #0. Jur distributed funds to all the private contributors that have replied to the first official communication sent for the purpose. For all the private contributors that are eligible to the distribution but did not reply to that communication please reach out through Jur’s official channels.    Team Distribution As a reminder, the Jur Team has decided to lock up their tokens for 12 months from the 28th Feb of 2020. Team Bonus Policy As a reminder, from June ‘20 onwards each team member in Jur has been awarded a bonus in JUR tokens according to its KPIs and the ability to grow the project and make it successful.  These tokens will be locked for 36 months starting from the month after which the activity is done and a maturation period of 12 months which is established for ensuring a win-win outlook, fair for both the team member and the project. Expenditure Report In the past quarter, the main operations done from Jur’s official wallets were regarding private contributors distribution and marketing expenditures: 8.009.798,16 JUR Tokens distributed as part of the quarterly batches of private contributors. Please note, some contributors did not provide the wallet yet. Jur will be distributing their due tokens as soon as their wallet addresses are received. 1.399.053,77 JUR Tokens were used for marketing advisory purposes during the COVID phase. Jur Wallets For providing direct accountability over the vesting period in place, Jur publicly shares information about its wallets. IEO supply: 10% of total supply Old Balance: 100.000.000Current Balance: 0 Transactions IDs: 0x5f849b62ffdd2b3beea298f4e1c0dc38974b1c9aab20d00afa3dd306d0217401 0x73e8ff2ac4a9df0e27a5948e0f7145e687870c9522bef152f59dc4cb987456fd Private Contributors: 10% of total supply Old Balance: 80.854.516,28Current Balance: 72.844.718,12*Transactions ID: 0xc01b26cd4b9525ad1b67a54fad53a8bff91ae01d Team, Scientific Committee and Advisors: 10% of total supply Old Balance: 100.000.000Current Balance: 100.000.000Transactions ID: 0xf346f1ab880d5b2cd0333bf69c280a732fa4a1c4 Company Reserve: 20% of total supply Old Balance: 200.000.000Current Balance: 200.000.000Transactions ID: 0x5d7fe18beff1c4f16115cb8cfcd87442a89d9278 Business Development, Tech & Operations: 50% of total supply Old Balance: 493.413.578,31Current Balance: 492.014.524,54Transactions ID: 0x747fa3858456f3978cc747ca4290111b933986d5 *Please note: a transaction that was carried out in July from this wallet is not part of the updated balance as it is out of the scope of the Q2 ‘20 report and will be included in the Q3 ‘20 report. Recent Highlights Find below a list of highlights from the past quarter. COMMUNITY Launch of the Official Jur Blog EVENTS Webinar - Smart contracts, ODR and blockchain, Uganda, with Africa Innovation Law and Tech Academy, 29/04/20Jur Legaltech Webinar - Smart contracts, ODR and blockchain, Greece, with ELONTECH, 12/05/20Webinar - Smart contracts, ODR and blockchain, South Africa, with Future Laws Faculty & Legal Hackers - Cape Town Chapter, 22/05/2020Finding Diamonds in the Rough: Four Use Cases, Switzerland, with SECA, 26/05/2020Webinar - Smart contracts, ODR and blockchain, Swiss Legal Tech Association, 27/05/2020Webinar - Smart contracts, ODR and blockchain, Mexico, Legal Hackers Guadalajara, 04/06/2020Webinar - Smart contracts, ODR and blockchain, China, with Zhong Lun law firm, 10/06/2020Webinar - Smart contracts, ODR and blockchain, Italy, 4cLegal, 18/06/2020 TEAM Suhail MTM joins Jur as a senior backend developerMatija Kontak joins as the first legal intern after Lab for New Justice R&D initiative with Radboud University TECH JBP migration from Web3 to VeChain’s native Connex interface R&D Ludovica Troili publishes her thesis on International Arbitration and the challenges with the new technologies with one chapter dedicated to Jur’s Court Layer, 22/06/2020Conclusion of Lab For New Justice with IE Segovia, 22th Jun 2020 MORE Read about Jur’s monthly activity (from August 2019)Jur Market Report #2, 31 March 2020Jur Market Report #1, 31 December 2019Jur Market Report #0, 10 September 2019 Do you want to follow all the updates about Jur?
Tech updates: Jur Beta Platform migration to Connex
JBP new release to improve user experience While there has been a lot of ongoing activities in our development, a high priority of ours was to migrate the Jur Beta Platform to use Connex in place of Web3. This decision was taken to ensure the future development of our dApp and to make sure that we get the most out of the VeChainThor blockchain. Having a native, direct and well-supported channel to communicate with the blockchain is an important element for us as interactions on the Open Layer require users to be updated almost in real time. Most importantly, by using Connex, anyone can now access the platform by just downloading the Sync browser and using our dApp natively (without any third party plugin installation as it was the case before). Download the Sync browser, hit the URL beta.jur.io and you are all set to enter the decentralized world. Migrating the whole dApp took us a bit of time as the team was hands on with several other things but I am happy to announce that finally v.0.9.3 is out and you can use the Jur Beta Platform through the Sync browser. JBP v.0.9.3 running on Sync v.1.2.5 Moving forward the team will concentrate on the next steps of the roadmap, namely the “Court Layer” but we will keep expanding and experimenting with our dApp, always with a vision in mind of bringing the concept of microjustice to reality. We strongly believe that a decentralized ODR is a good approach to solve micro claims that are otherwise almost impossible to tackle with traditional solutions. I am leaving the word to our technical lead, Marco so that he can explain to you more in depth what this new release has meant. L. Y. Daniel Migrating JBP from Web3 to Connex The previous technology stack for the Jur Beta Platform (and more specifically the Open Layer) was made using a combination of: Drizzle, Truffle Contracts, Web3 encapsulated with Thorify to allow the Comet Wallet to sign. As you can guess, a quite complex stack to maintain. After the migration to Connex we only deal with one single dependency at a low level  to interact with VeChainThor,. This is quite cool  but here comes the difficult part, we had to rebuild from scratch any smart contract interactions on our dApp. The “biggest” challenge in completing this migration was related to changing the entire paradigm related to the dApp event listening, the foundation of the entire application. We've been able to do this with less friction thanks to the proper analysis done at the beginning of the dApp development, which basically ensured a proper separation of concerns in any single component of the dApp. This is so helpful in such a "real time" changing technology like blockchain and it is important that anyone building a dApp keeps this in mind as the complexity of their project grows As always, choose wisely the right tools, dependencies and constraints for development, as that can make your life easier even more than you expect. Marco Marasco Changelog ConnexJS connection implemented into the dApp. It is now the only future proof available method to connect to VeChainThor in order to read and write smart contracts;Comet and Web3 (still on version 1.0.0beta37) are now deprecated and will no longer be usable to access the platform.Users need a browser supporting ConnexJS like the official Sync Browser developed directly by VeChain (Github).Created a transaction/event listener that will react on each event emitted by smart contracts with proper actions to complete every operation correctly that involves every user involved in the contract or dispute. References Jur Beta Platform (v.0.9.3, mainnet)Comet (now deprecated in JBP)Connex (Github)SyncWeb3