$JTC, the native token of the JTC blockchain, will be listed on BitMart exchange at 10 AM UTC on January 9th, 2024. The legal recourse token will be paired with USDT, with USDC to follow. The listing is a major step forward since it makes $JTC accessible on an exchange that processes daily volumes in the billions of dollars and boats of a worldwide clientele.
The integration of the $JTC coin with the official state and federal judicial system took nearly two years to establish, and the BitMart listing is a key milestone in the journey. Significantly, the listing brings the wider crypto community a step closer to accessing the same legal remedies accessible in traditional finance sector.
The Jurat ecosystem has undergone a series of upgrades, including the launch of JTC Ordinals, onboarding of legal firms and attorneys to mine the JTC blockchain, over the last two years.
Some of the key figures on the significance of the BitMart listing are as follows: $JTC now has access to a vast market; the exchange serves over two million customers in 180 countries. Also, Bitmart supports over 700 trading pairs, and its 24-hour trading volume ranges between $1-2 billion.
Crypto-powered legal recourse
The JTC blockchain, a Bitcoin offshoot that went live at Block Height 717808 on January 8, 2022, uses $JTC as its native token. Everyone who had $BTC on hand before the branch date can claim $JTC at a 1:1 ratio because all $BTC wallets were mirrored when the JTC branch was executed.
Also, similarly to Bitcoin, the total number of JTC tokens is limited to 21 million and is generated by mining on a Proof-of-Work network. Mining on the JTC blockchain is conducted by law firms and attorneys who are interested in building a more robust legal framework for crypto assets. Because it opens up $JTC to a wider audience, the BitMart listing marks a significant step towards the widespread adoption of cryptocurrencies.
With Jurat, state and federal court systems can integrate blockchain technology with their preexisting legal processes. Consequently, it provides a legal basis for cryptocurrency transactions, while aligning with the current legal framework.
Businesses, authorities, and individuals interested in tokenizing off-chain assets find jurat technologies appealing because they allow blockchain to integrate seamlessly with the civil and criminal justice systems.