Blockchain presents a challenge to the authority of regulators and law enforcement officials everywhere. Unlike with centralized entities, there is no manager in charge of a blockchain so there is no representative to task with compliance in the event of a violation. The same is true of DAOs more generally: once a DAO unleashes an automated smart contract no one can exert control, not even the creators.
Jurat levels the playing field. With Jurat solutions, regulators can bring enforcement actions directly against a decentralized protocol or smart contract, there is no need for a centralized manager. Court orders will trigger any transaction or contract call needed to bring about compliance with rules or regulations. This method provides effective vindication of legal rights in all decentralized environments (including Web3). Moreover, Jurat accomplishes on-chain enforcement in a completely decentralized manner that keeps all of the blockchain’s native protocols intact. Therefore, on-chain enforcement comes without any downside. This technology is fully discussed in the Jurat Whitepaper.
With blockchains and DAOs increasingly falling under agency jurisdiction, it makes sense for officials to begin mandating that regulated entities include on-chain enforcement as a matter of course.