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JTC Network in a layer 1 blockchain where Web3 users can enforce their legal rights in cryptocurrency and tokenized assets. JTC owners have the unique ability for legal recourse to recover their digital assets in the event of hacks, frauds, mistakes, lost private keys and other legal disputes. The blockchain accomplishes this using special transaction types that integrate its native coin, $JTC, with existing state and federal court systems and procedures.
The ability to protect and reclaim value through official legal systems is a critical component of any successful financial project. By offering these capabilities within a decentralized, blockchain-powered ecosystem, JTC is providing the infrastructure needed for true mainstream adoption.
In addition to its consumer protection features, JTC catalyzes many blockchain use cases that require access to the legal system such as regulated commercial transactions, digital copyright protections, and the tokenization of real-world assets (RWAs).
How many JTC are in circulation?
JTC follows the same release schedule as Bitcoin. As of January 2024, there are approximately 19.48 million JTC coins released, and the maximum supply is 21 million. Thus, less than 10% of JTC coins remain to be mined.
JTC was fairly launched as a fork of BTC at block height 717808.
What makes JTC unique?
JTC is the only cryptocurrency where users, third parties and government officials have direct access to legal recourse on-chain. The Jurat Network enables court rulings to be communicated to blockchain nodes without intermediaries. Standout features of the blockchain include transactional versatility, asset tokenization, and enhanced capabilities for regulatory compliance.
Other use cases include Web3 products for legal services, digital art NFTs with incorporated licensing, and BRC-20 tokens.
Who is the Team behind JTC?
JTC was created by a team of attorneys and blockchain engineers. The team member most closely associated with JTC is Mike Kanovitz, a seasoned civil rights and consumer protection attorney. The Government Blockchain Association (GBA) awarded Mr. Kanovitz its 2023 Achievement Award in Innovation for his leadership on the Jurat project and promoting decentralized law enforcement technologies. He speaks, publishes, and engages with government agencies on the topic of blockchain-based legal rights. He holds a Juris Doctor degree from Cornell University.
Dan Wasyluk is a blockchain veteran who has been building in the space since 2012. He co-founded and developed the Syscoin ($SYS) blockchain, a Bitcoin-fork that adds Layer 2 EVM smart contract capabilities. In addition to overseeing Syscoin’s growth into a top-100 market cap project, Dan has extensive experience developing NFTs, smart contracts, decentralized identity solutions (DID), wallets for digital assets, and cross-chain solutions. His most recent Web3 venture, Blockchain Foundry, was acquired by WonderFi (TSX: WNDR, OTCQB: WONDF, WKN: A3C166) in late 2022. Dan holds a Bachelor of Science from the Rochester Institute of Technology.
Additional team members included Vadim, a high-powered engineer with multiple patents in the blockchain space and banking expertise; Alexzandra, a serial entrepreneur and go-to-market expert; and Jon, a celebrated civil rights trial attorney highly respected in the United States federal judiciary.
The live Jurat price today is $3.16 USD with a 24-hour trading volume of not available. We update our JTC to USD price in real-time. Jurat has no change in the last 24 hours. The current CoinMarketCap ranking is #9070, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000 JTC coins.