Jur, a blockchain-based ecosystem providing trust solutions in the legal and justice industries for any business-related circumstances, announced that Fenbushi Capital, a blockchain-focused venture capital firm in China, has made a significant investment in the project.
“We are excited to have closed this deal with one of the most authoritative VCs in the blockchain world, and one that is notoriously selective. Representing their first investment in legal technology also allows us to write a page of history for blockchain-based investments and we are proud of that. I’m sure that this collaboration will allow us to produce significant results in the near future.”
– Alessandro Palombo, Jur CEO
Jur’s unique set of tools allow anyone to create contracts and resolve disputes online, in a fast, easy, affordable, and incorruptible way. Jur’s legal ecosystem consists of:
- The Jur Editor for crafting smart legal contracts;
- Three decentralized online dispute resolution mechanisms (the Open Layer, the Community Layer, and the Court Layer) to resolve any kind of dispute arising between business parties in an easy and affordable way;
- The Jur Marketplace, an entire legal contract-template store for regulating business relationships of all kinds.
“We are thrilled with this deal and we identify with the importance of providing solutions that leverage blockchain and legal in the right way to encourage the adoption of blockchain technology by companies. We are happy to support Jur as a first investment in the legal tech industry and its future. It is essential to work in this direction with a good team.”
– Fenbushi Capital Team
In the days prior, it was announced that the VeChain Foundation’s investment round in Jur had been successfully concluded. Also, at the end of the month, Jur will be the first project launched on OceanEx’s new IEO launchpad — OceanEx GO.