My guest today is Mike Kanovitz (https://twitter.com/mikekanovitz ), Founder of Jurat (https://twitter.com/JuratNetwork ) a startup with an ambitious goal of bringing legal rights to web3 by connecting courts to the blockchain. Mike is a founding partner at Loevy & Loevy (https://twitter.com/LoevyAndLoevy ), one of the most prominent civil rights litigation firms in the US. After practicing civil rights for 20+ years he had his first crypto consumer protection case, which soon led to the discovery that the world of web3 aligned with the values he was already seeking to enforce. Now he is building a solution to make it possible.
We discuss:
The way courts can provide protection and preserve decentralization, cryptographic security and anonymity
What will it take for Jurat to help web3 become the backbone of commerce?
Suit filed by Jurat to enforce OFAC sanctions on BTC
The use cases for a better global commerce system if law can be enforced on chain
Jurat’s Business Model (https://jurat.io/whitepaper/ ):
Chapters
2:05 Mike’s Founding Story
4:16 Jurat’s Founding Story
6:46 Legal Protections w/o Sacrificing Blockchain Value
16:24 How to Help Web3 become the Backbone of Commerce
37:07 A world where blockchain and laws coexist
50:36 Jurat’s Business Model
54:06 Closing Questions
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