Draft:Jurat

Jurat is a blockchain technology company based in Chicago, Illinois. The company develops technologies to improve access to the justice system for web3 users. This is achieved through a connection between the JTC Network layer-1 blockchain and US courts, ensuring that on-chain activities comply with the law. Additionally, the company offers users the capability to enforce their legal rights and recover their digital assets in the event of theft or fraud.

History
Mike Kanovitz, a civil rights and consumer protection attorney and partner at Loevy & Loevy law firm, founded Jurat LLC in 2021.

JTC Network
The JTC Network a layer 1 blockchain branch of Bitcoin with consumer protection abilities. It provides access to legal recourse through official courts in the event of hacks, fraud, and errors.

JTC
Jurat's native coin, JTC, was created through a hard fork of Bitcoin on January 8, 2022 at block height 717808. JTC is a coin on the Jurat blockchain which connects with the state and federal court systems allowing users to potentially freeze and recover stolen coins by petitioning the court. It listed for sale for the first time on January 9, 2024 on the BitMart exchange.

JTC Ordinals
JTC Ordinals are non-fungible tokens (NFTs) recorded, stored, and exchanged on the JTC Network. Through JTC, users have the ability to seek legal remedies in case of hacks or frauds. Additionally, they can incorporate licensing, copyrights, and other legal agreements that can be activated on the blockchain.

Court Case
In February 2023, Jurat technology was used in court to freeze several Russian and North Korean accounts on the JTC blockchain. The suit was filed by Jurat miners and defendants included Hydra Market, CHATEX, Blender.io, Anton Andreyez, a Russian hacker, and Jiadong Lee. In August 2023, a U.S. District court issued a final judgement to prevent the defendants from gaining access to their cryptocurrency wallets through Jurat's on-chain enforcement technology.

Awards
The Government Blockchain Association awarded Jurat founder and CEO, Mike Kanovitz, the 2023 Achievement Award in Innovation for the creation of Jurat's court-integrated blockchain technology.