The Allure Of The Spectacular, Paradigm-shifting Juro System

Juro is the Conscious Capitalism Ecosystem™

Empowering the Global Juro Community

Around the world, the concept of community as used in open source projects does not neatly fit into the legal and regulatory framework of banking and financial services (including insurance). The regulatory requirements for authorizations, capitalization, personnel qualifications, are operational, compliance, and administrative minefields. Not to mention that all of these requirements vary from jurisdiction to jurisdiction.

This built-in national and global complexity raises the barrier of entry into the banking and financial services industry.

For many, these barriers to entry are insurmountable by using enterprise-grade open source solutions alone. As our modern lives are increasingly internationally interconnected, market entrants are further frustrated by the fact that cross-border operations are only more complex and seemingly have obstacles added daily. It should be no surprise then that in the open source communities there is an inherent attraction to non-regulated decentralized financial solutions (“DeFi”) which are made possible by open source blockchain projects.

The problem is that with adoption of DeFi is the potential for bad actors. Which brings us back to the reasons why financial services regulations are of the most complex and strict in the world in the first place; to protect citizens (or users) from predatory and non-social behaviors.

However true this may be, in the view of the “well-meaning” new market entrants that would be “good actors”; the cure to protect users is becoming an equally abhorrent problem. Curiously, this systemic anomaly results in the creation of global financial service provider oligarchies and fiefdoms.

It is a part of Juro’s mission to be the global platform and conduit that reconciles the ethos and common practices of the open-source-minded community with the existing (and ever-evolving) regulatory realities. Simultaneously, Juro shall be democratizing financial services.

It is also the part of Juro’s mission to be the permanent global platform and conduit for economic remediation, providing stability to the global economy, preserving values and deposits, all without the need for unpopular bailouts (or corporate welfare) that are paid by taxpayers.

The Juro Central Bank™ shall be the global custodian, clearing, and transaction settlement provider of the Juro community and Juro’s clients.

Our community members, referred to as “Members of the Juri”, subscribe to the trust deed of the Juro Organization and are bound by a code of conduct, principals, and standard terms and conditions. Interestingly, the Members of the Juri have ultimate authority of defining, adapting, and evolving them. As in open source communities, membership is always free and open to everyone who abides by the community rules. All activities are also subject to the Juro Revenue Sharing Program.

Juro Ltd

Juro Ltd is domiciled in the city of Nassau, in The Bahamas. It is the ultimate holding company of the global Juro Enterprise. Juro provides economic remediation solutions, acts as a permanent global bad bank, and provides financial stability and support for environmental remediation through its structure:

• the Juro Organization & the Members of the Juri™ (Worldwide | USA | The Bahamas)

• Juro Inc. (Nevada | USA)
  • Devices
  • Data centers & Web Services
  • Zero-Emission Developments
  • Transfer Agency Services (a part of the neutral platform services – SEC Registered)
  • Provider and seller of prepaid access in the Juro Central Network, Juro Decentralized Network, the Juro Revenue Sharing Program, Members of the Juri Awards Programs, and the Capital Conversion of the Juro System (“CCJS”)
  • Trust Administration Services

• Juro Funds (Nevada | USA)
  • investment funds
    • including the Shepherds’ Mount series; and
    • all series of the Juro Revenue Sharing Program LLC; and
    • the Juro Money Zero Maturity ETF statutory trust (as applicable)

• Juro’s neutral de novo marketplaces & services (using Juro technologies & networks):
  • PEER-EX™: stock exchange
  • COMMOD-EX™: commodities, futures, options, and derivatives exchange
  • SICUR-EX™: insurance marketplace
  • CCJS™: economic remediation / capital conversion of the Juro System
  • Global Custody, Clearing, Payments, & Transaction Settlement (including transfer agency services)

• Royalties of the Juro Revenue Sharing Program as per the irrevocable trust deed

collectively “Juro”.

Paying it forward with the Juro Tithe

Ten percent of the gross receipts are allocated to the Juro Tithe. This amount is applied to a universal and standardized annual debt forgiveness and debtor support payment mechanism.

There is great investment potential in the Juro System.

There are many business opportunities to earn money with Juro. This includes economic remediation, global commerce, the internet of things, and uses of distributed ledger technologies (“blockchain”).

Juro is not cryptocurrency. Juro is untethered from any cryptocurrency.

Juro is both platform and systems agnostic.

Juro Economic Remediation™

Definition: (NOUN)

1. the action of remedying  something, in particular reversing or stopping economic damage with Juro’s “values-based” approach.

2. the overall re-capture of lost values where values represent  social, economic, and environmental concerns both locally and globally.

Pursuant to the United States Bank Secrecy Act (BSA) regulations at 31 CFR 1022.380(a)-(f), administered by the Financial Crimes Enforcement Network (FinCEN), Juro Inc is registered as a Money Services Business (“MSBs”).

In its capacity as provider and seller of prepaid access in the Juro Central Network, Juro Decentralized Network, the Juro Revenue Sharing Program, Members of the Juri Awards Programs, and the Capital Conversion of the Juro System (“CCJS”); on January 26, 2003, Juro Inc was assigned the following National Issuer Identification Number (“IIN”): 984000147.

As the money issuer, provider, and seller of prepaid access in these programs, Juro acquires its own transactions and its networks does not accept, allow, or process any card program other than its own. This number is an identifier for Juro’s programs which are administered in the United States and available worldwide to Members of the Juri.

NOTE: This does not prevent other licensed / authorized parties from offering cross-network / cross-platform services. Also, allows for financial institutions to issued Juro-branded payment cards and programs.

The entire Juro enterprise has been designed to operate internationally within Apostille Treaty countries and UNIDROIT Member countries. As such, expansion to key countries through the establishment of international, regional, and national operations centers is a must.

Subject to any applicable regulatory approvals and licensing, the following business activities will be undertaken worldwide by Juro:

(through Affiliate banks, financial institutions, insurance companies, public authorities, and authorized Members of the Juri)

• Prepaid debit account(s)
• Transfer Agency Services (ie securities transactions, shareholder ledgers, investor services, DTC services, dividend & interest coupon payments to securities holders, etc)
• Fund administration services
• Paying agency and Collateral services
• SEC registered securities offerings and private placement services (ie subscriptions management, due diligence, transaction accounts, etc)
• Correspondence services for multi-jurisdiction transactions (ie second listing in the United Kingdom or Europe)
• Web hosting and data management services
• Smart contract authorship, testing, and deployments in our proprietary distributed ledger system
• Encrypted communications services
• Information technology services
• Branded Credit / debit card issuing program for their respective customers using the Juro System and prepaid programs
• Consulting for digitalizations and securitizations
• We also plan to provide banks a white label platform as a service for their customers & business, for most of our products and services
• Regional divisions of the PEER-EX™ stock exchange located around the world
• Regional divisions of the COMMOD-EX™ commodities, futures, options, and derivatives exchange located around the world
• Regional divisions of the SICUR-EX™ insurance marketplace located around the world
• The CCJS™ economic remediation / capital conversion of the Juro System, including standardized securitizations
• Global Custody, Clearing, Payments, & Transaction Settlement

Strategy Moving Forward

In order for Juro System to remain a neutral platform, Juro’s stakeholders agreed to establish segregated funds which would administer portfolios and operate businesses at an arm’s length capacity, while exclusively implementing the tools of the Juro System, promoting Juro, and subsequently proving the respective Juro concepts at significant scale in real-world scenarios.

A Juro Affiliate bank would be utilized by Juro, the Juro Neutral Marketplaces, and the Juro Funds for the custody, clearing, and bank services associated with the respective businesses.

Juro’s global custody banking and clearing needs shall be handled through a Juro Affiliate bank named “Juro Central Bank” which is being formed in the Bahamas at this time. Branches and jurisdiction-specific subsidiaries and/or corresponding bank relationships shall be established as economically and strategically appropriate.

Juro Ltd, domiciled in the Bahamas, in association with Juro System Inc, domiciled in Wyoming, and Juro Funds JV domiciled in Nevada, are in the process of establishing the permanent global bad bank and special depository financial institution which is called for in the Juro Organization Trust Deed and the Juro White Paper. In several jurisdictions, the licensing and authorization requirements for the planned activities of the perpetual global bad bank is unclear. 

For that reason, the The Juro Central Bank™ shall be established as a regulated financial institution with operational units being duly licensed in the respective jurisdictions, or they shall rely on passporting of licenses and authorization, and / or shall rely on any exemptions pertaining to the activities. The financial institution is to be the global custodian and provide limited lending services.

The planned institution (“the JCB™”) shall receive deposits and conduct other incidental activities, including fiduciary asset management, custody, debt / asset servicing, and related activities. The JCB™ will focus heavily on custody of physical commodities (ie good delivery gold and silver), legal documents (ownership titles and certificates), digital ledgers, disaster-proof digital archives and back-ups (ie protection against solar flares), traditional assets, complementary currencies, virtual currencies, digital securities and utility tokens. 

The JCB™ shall also be focused on storing assets, fiduciary management, conducting a variety of transactions with assets and providing an ‘on/off’ ramp to securities markets, commodities markets and customer bank accounts within the scope of the standard securitizations of the multi-series funds offered by Juro Funds JV domiciled in Nevada through the Juro Revenue Sharing Program LLC, or Juro affiliates, and any related securitizations of Members of the Juri.

Juro Ltd shall establish a wholly-owned subsidiary for the purposes of operating the JCB™. The headquarters of that planned subsidiary may be domiciled and licensed in any state or territory of UNIDROIT Member Countries and Apostille Convention Member States, although the Bahamas has been identified as the preferred jurisdiction for the headquarters.

Branches and subsidiaries of the JCB™ shall be opened in any other jurisdictions or countries, where appropriate and where required. The JCB™ shall also employ the services of other global custodians and sub-custodians who are Members of the Juri, as and where needed.

Business within a Business

For more information, please refer to the various articles, documentation, opportunities, and “business-within-a-business” possibilities which are available in the “Juro Knowledge” Blog and in the “Shared” folder in the Juro Cloud.