Jincor

Jincor

Created using Figma
Created using Figma
Jincor is a platform which will allow any business to work with smart contracts and cryptocurrency payments easily with no legal, technical, or operational complications and in a cost-efficient manner.
ICO
Dec 1, 2017
Jan 31, 2018
100% completed
Raised funds - no Data
180
Goal 2 500 000 USD
Cap 26 600 000 USD
past
  • 2 JCR
    =
    1 USD
Pre-Sale
Nov 1, 2017
Nov 29, 2017
100% completed
Raised funds - no Data
180
Goal 350 000 USD
past
  • 2 JCR
    =
    1 USD
Aug 21, 2017
Sep 18, 2017
100% completed
Raised funds - no Data
180
past
Token Details
Ticker
JCR
Company Details
Registered Country
Cyprus
Additional Details
Platform
Ethereum
Categories
Platform, Cryptocurrency, Business services, Communication

About Jincor

The contract takes force as soon as both parties sign it with e-signatures and requires specific elements in order to be executed automatically. For instance, a first-order requirement is the presence of cryptocurrency accounts of those involved. In other words, the executable code should have unhindered access to the smart contracts objects. Besides that, all of the smart contract conditions should be described mathematically and have a clear execution logic, and this is the reason why the first smart contracts in Jincor will be based on the simplest corporate relations, which involve just a few elements. Given that the code has the full access to the objects of an agreement, its execution and compliance will be handled automatically with account for the fulfillment of the smart contract conditions. To sum up, smart contracts automate contractual business relations and provide their total performance. First of all (Q4 2018), Jincor team will create smart contracts for the following applications:

  • Regular payments;
  • Partner programs;
  • Signed transactions;
  • Business-to-business commerce.

Although smart contracts are executed in decentralized environment eliminating the human factor, it is important to realize that there are many cases which may require external interference, no matter how explicit the smart contacts are. For this reason we have developed a decentralized arbitration system aimed at settling disputes arising with the smart contracts execution.

Arbitrage. In case when the execution logic of a contract is not defined clearly enough, the parties to the agreement may be drown to a dispute. This is particularly so with the cases related to the real-world actions and goods. Offline, there are clear regulatory mechanisms for such issues: should the parties have any disputes related to the contract performance, they can always take legal action. The similar patterns should be implemented within the digital jurisdiction, too. For that very reason we created Jincor Arbitrage, which help settling disputes related to the execution of smart contracts.

Jincor arbitration system let the participants of ecosystem resolve arising disputes right there, within the platform. There are three arbitration levels in Jincor: the first requires participation of three arbitrators (i.e., organizations who take the final decision), the second requires nine trusted participants, and the third level involves twenty-seven organizations aside from the parties to dispute.

In order to preclude the possibility of bias and corruption element Jincor arbitration system keep the personalities of parties to the case (and the companies to which they belong) in the dark, so that the arbitrators considered just the facts of the matter. In compliance with the foundations of decentralized society the arbitrators are chosen with the use of mathematical algorithms, which analyze their digital reputation, competence domain and practical experience in the given jurisdiction and economy sector.
With the view to motivate organizations and experts to attend the legal proceedings, Jincor arbitration system provides remuneration for arbitrators, which is paid by non-prevailing party on completing the process.

Within the digital jurisdiction of Jincor smart contracts will be available only to verified users. In common with real world, tainted reputation in the cyberspace will close any available space for irresponsible actors and hinder their further development.

Cryptocurrency wallets is a decentralized module which enables creating of enterprise and individual cryptocurrency wallets. Alongside cryptocurrency transactions these wallets open the door to a wide range of financial instruments used in business, such as bills of credits, overdrafts, insurance of payments and etc. Companies are able to create multiple cryptocurrency wallets for one account (enterprise or individual), which makes it even easier to organize bills and maintain book-keeping.

For further security it is also possible to create multisig wallets, which require approval from a number of people responsible for the wallet to get transaction processed.

Along with basic payment options Jincor cryptocurrency wallets also provide a full range of financial instruments, which one might need while doing business.

E-documents is a decentralized application (dApp), which is embedded in Jincor Messenger interface and allows to securely store, send and sign with digital signatures all kinds of electronic documents (Jincor ecosystem supports several authorized providers of digital signatures). All working papers, which are loaded into Jincor Messenger and signed with e-signatures, are written to the blockchain in order to guarantee their authenticity and save revision history. This application, as well as digital signatures, can also be used for signing contracts between the shareholders, employees and other parties.

Features

Smart Contracts Templates.
Corporate Identity Verification.
Enterprise digital signatures.
Verified Digital Wallets.
Decentralized Arbitration System.
1 Click Cryptocurrency Payments Integration.

All elements for corporate interaction within the framework of the blockchain econmy are in the same product and operate as a single system.
Intuitive and easy process of creation Enterprise smart-contracts.
Advantages of using blockchain technologies without their independent development and implementation in the workflow.
Search and establishment of business contacts with organizations around the world.
Transparent crypto-currencies transactions between organizations.

Technical Info

Technical details:  Jincor ecosystem is the set of decentralized (dApp) and classic web-applications which allow each person to create and control their organization on the Ethereum Blockchain. Jincor is developing its own enterprise permissioned blockchain solution based on Hyperledger frameworks. The source code:  The code of the product is partially available on Github https://github.com/jincortech Proof of developer:  Public team

Jincor Roadmap

  • July 2017

  • Performing closed beta testing, launching an ICO campaign
  • August 2017

  • Issuing JCR tokens on the Ethereum blockchain
  • October 2017

  • Public beta launch
  • November 2017

  • Invoicing & billing system implementation. Channel partner program launch
  • Read More
  • December 2017

  • Finishing up the crowdfunding campaign and distributing JCR tokens among supporters. Listing on exchange platforms
  • February 2018

  • Japan Market Expansion and Local Partnerships. 2000+ companies in Open Beta.
  • January 2018

  • 2000+ business customers. Rolling out mobile apps for iOS and Android
  • March 2018

  • Corporate Identity Verification. Marketing Campaigns in Europe and Asia.
  • April 2018

  • Getting to the global market, localization. Adding enterprise app integrations, digital verification of companies
  • April 2018

  • Adding enterprise app integrations, B2B crypto payments. 5000+ companies in Open Beta.
  • June 2018

  • Enterprise digital signatures integration
  • Q3 2018

  • 3000+ business customers. Enterprise multisig wallets, blockchain asset transactions, B2E (business-to-employee) payments etc.
  • Q4 2018

  • Enterprise smart contracts, decentralized arbitration system, blockchain-based corporate management, stock issuance and shareholders transactions, dividend payments,

Activity

Activity:
51
LOW
Posts:
230
MEDIUM
Views:
13 137
VERY HIGH
Activity:
166
MEDIUM
Merit:
100
MEDIUM
Posts:
1 868
VERY HIGH
Views:
40 805
VERY HIGH
Users:
659
VERY HIGH
Posts:
105
MEDIUM
Followers:
1 156
LOW
Likes:
1 056
LOW
Rating:
5
VERY HIGH
Followers:
1 945
LOW
Tweets:
142
MEDIUM
30 Days Growth:
-27
Members:
229
VERY LOW
30 Days Growth:
-5
Year commits:
787
Watchers:
76
Stars:
36
Forks:
11
Open issues:
57

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

International Ambassador
unverified
CTO & Blockchain Expert
unverified
Middle Front-End Engineer
unverified
Full-Stack Engineer
unverified
Product & Conceptual Design
unverified
Community manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

CBDO & Legal Advisor
unverified

Last News

N/A
5.0 1
ICO Profile Vision Activity Potential Product Team

Jincor Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

JINCOR is a secure and regulatory compliant platform based on the Jincor block chain that allows any business to work with smart contracts and crypto currency payment easily with no legal technical or operational complications and in a cost efficient manner

PROS:

  1. Provided legal issue advise and support related to the use of crypto currencies and smart contracts
  2. Reduced cost off business implementations
  3. Adequate security through the strict verification processes involved
  4. Detailed whitepaper on the project implications

CONS:

  1. Fewer management team
  2. The token sale is projected at a lower rate
  3. Requires more details and restrictions to be a token holder

SUGGESTIONS:

  1. Involve more management team in order to create awareness of the project implications
  2. Reduce the legal requirements of the project for the other people using fiat or other crypto currencies
Read More
Expert Invested: $250
bitcoinexchangeguide.com
reviews

ICOs should be carefully studied before making investments. It is wise to invest in an ICO only after thoroughly examining the business model, market viability, and especially the people involved with the company. More information about Jincor’s business model, their plans, and the people involved can be found at their website. Detailed information on the upcoming ICO is available on their whitepaper.


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