Jur's Legal Decentralized Ecosystem Explained - CLO Raffaele Battaglini
Channel: Jur Official
Date: 11/12/2019

CLO Raffaele Battaglini explains the Jur Platform and the Jur Decentralized Ecosystem in this comprehensive video, shoot for INSPER's course on blockchain.

Here is the integral transcription:

Jur Editor
Smart legal contracts are traditional contracts written in natural language linked to smart contracts. 
The Jur Editor system identifies obligations that can be automated and then links to those obligations smart contracts. 
In this way, Jur allows the automation of performance of obligations such as escrow accounts, payments, and dispute resolution.
The aim of smart legal contracts is to prevent disputes. As a matter of fact, if you have a well-written contract with embedded performance and enforcement functions, you have stronger contracts that prevent disputes.
Any user can upload, create, customize and sell smart legal contract templates through the Jur marketplace.

Intro ADR
As mentioned, Jur offers dispute resolution services. In particular, there are three different mechanisms: Court Layer, Open Layer, and Community Layer. In any case, the parties may open disputes at a fraction of the usual costs and saving time.

Court Layer 
The court layer is the traditional arbitration procedure built on blockchain and is designed for high value and complex disputes. 
The Court Layer is based on Arbitration Hubs created by Admins. Anyone can be an Admin. 
The Admin has different tasks:
the Admin has to choose if the arbitrators will be chosen centrally or in a decentralized way
the Admin is required to stake JUR tokens as an anti-corruption tool and the relevant amount determines the maximum value of disputes that the Arbitration Hub may deal with
the Admin is required to choose an arbitration rules in order to be compliant with the New York Convention and the UNCITRAL model law
The aim of the court layer is to be fully compliant in order to offer enforceable arbitration awards. 
The blockchain technology is applied to the entire procedure and for hashing documents and evidences. And when the draft arbitration award is ready, it is sent to three arbitrators from another Arbitration Hub for peer review. If the peer review is positive, then that draft becomes the final award. Otherwise, a new arbitrator is appointed instead.

Open Layer 
If the Court Layer has been built to solve the inefficiencies of a traditional and well-known dispute resolution system (the arbitration), the Open Layer is a totally new way to solve disputes entirely based on blockchain technology and decentralization principles.
The Open Layer is designed to solve disputes up to 500 euros, in other words micro claims that usually parties do not seek to solve because it would be too expensive or because they live in different jurisdictions.
The Open Layer allows any party to open a dispute, and to ask the JUR token holders to express a vote by staking JUR tokens.
Each party is required to propose a way to solve the dispute. Then, any JUR token holder can express the vote in favor of party A or party B or even reject the dispute. Provided that a proper amount of tokens had been previously put in escrow through smart contract, the party receiving the higher amount of votes will gain such escrowed tokens.
And the parties do not pay the voters: the voters of the majority side will gain the JUR tokens staked by the minority side.
The voting system is entirely based on game theory principles, meaning economic incentives and disincentives in order to have an anti-gambling and anti-bribery system incentivising the users to behave in an honest way and to choose the proposal that they believe is the most fair.
The Open Layer is built so that decisions on disputes are solved in 24 hours. 

Community Layer
Finally, Jur offers the Community Layer whose principles and functioning are the same as the Open Layer. However, on the Community Layer there will be several Hubs, several communities; each with some degree of specialization. For example, there might be communities whose members are only lawyers, or engineers, or professors.
So the parties will have to decide to which community they want to bring their dispute and only JUR token holders belonging to that community will have the possibility to express the vote.
In our vision, the community layer is consistent with disputes up to 5000 euros.