Jincor

What Jincor does

Jincor is a private blockchain platform company that provides businesses with smart contract templates, integrated cryptocurrency payment processing, and a decentralized arbitration system, built on a private Ethereum-compatible blockchain using the ERC20 JCR utility token as the platform's native currency. Founded in 2016-2017 with operational headquarters in Singapore and a parent entity in Cyprus, the company packages these three capabilities into a single platform positioned for small and medium-sized businesses seeking to adopt blockchain-based agreements and crypto payments without in-house legal, technical, or operational expertise. The product surface includes the Jincor Platform, Smart Contracts Templates (country/vertical-specific), Cryptocurrency Payment Processing, a Decentralized Arbitration System, Invoicing & Billing, Enterprise Multisig Wallets, B2B Crypto Payments, and B2E Payments.

Jincor's go-to-market is community-led and event-driven, anchored by an Initial Coin Offering that ran December 1, 2017 to January 31, 2018 with a $26.6M hard cap and a $1 starting token price; 76% of the 35M JCR total supply was allocated to the crowdsale, 4% to a pre-ICO in August 2017, 12% to the Jincor team, and 8% to incentives. The company relied on dedicated community managers, content marketing (whitepaper, technical paper, business summary), social channels, and a November 2017 channel partner program for distribution. Target customer growth was aggressive, projecting 200+ Open Beta companies in November 2017, 1,000+ by February 2018, 5,000+ by April 2018, and 10,000+ by Q3 2018.

Revenue is generated, in principle, through token utility and intended platform service fees, but end-customer pricing was not publicly disclosed and no revenue figures are available. The team is approximately 15 people across co-founders, engineers, designers, community managers, and support staff, with notable advisors including Michael Terpin (BitAngels), Marcus Killick OBE (Gibraltar Stock Exchange / ISOLAS LLP), and Simon Cocking. End-customer paying accounts have not been disclosed; the platform remained in Open Beta at the latest available data point, and the ICO is publicly marked as closed on the company website.

Name

Jincor

Legal name

Jincor Pte. Ltd.

Website

https://jincor.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Jincor is a private, Cyprus-domiciled blockchain platform providing SMBs with smart contract templates, integrated cryptocurrency payment processing, and a decentralized arbitration system, built on Ethereum and monetized via the ERC20 JCR utility token following a 2017 ICO.

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

Keywords

• Smart contract platform
• Cryptocurrency payment processing
• Blockchain business solutions
• Decentralized arbitration services
• Private blockchain infrastructure

Headquarters

HQ city

Larnaca

HQ country

Cyprus

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. JCR Token: JCR tokens serve as the native currency for all platform services. The ICO raised funds through token sales (4% presale, 76% crowdsale), with tokens priced at $1 starting during the December 2017 ICO. Token acts as utility for platform access.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Jincor is a secure, regulatory-compliant private blockchain platform that enables businesses to deploy legally binding smart contracts, accept and process cryptocurrency payments, and resolve disputes through a decentralized arbitration system. The platform offers pre-built smart contract templates tailored to specific business areas and country legislation, integrated crypto payment processing, and uses the JCR ERC20 utility token as the native currency for all platform services.

Product overview

Jincor is a unified blockchain-based platform for businesses that combines three core offerings: smart contract templates, cryptocurrency payment processing, and a decentralized arbitration system. The platform is built on private blockchain technology and centers on the JCR (ERC20) utility token as the native currency for all platform services. The architecture follows a platform-plus-modules approach where the core Jincor platform provides the foundational blockchain infrastructure, with smart contracts templates and the arbitration system as integrated modules serving specific business use cases.

Differentiator

Problem solved

Functional benefit

Products and services

• Jincor Platform A secure, regulatory-compliant private blockchain platform that enables businesses to work with smart contracts and cryptocurrency payments without legal, technical, or operational complications and in a cost-efficient manner.
• Smart Contracts Templates Pre-built smart contract templates applicable for specific business areas and countries' legislation, enabling businesses to easily deploy legally binding agreements on the blockchain for employment, invoicing, and business agreements.
• Cryptocurrency Payment Processing Integrated cryptocurrency payment system allowing businesses to accept and process crypto transactions as a means of payment, with planned enterprise integrations for larger customers.
• Decentralized Arbitration System Digital arbitration system to resolve disputes related to smart contract performance and unclear matters in business relations, providing neutral judgement on the blockchain.
• JCR Token ERC20 utility token issued on the Ethereum blockchain that serves as the native currency for all services provided by the Jincor platform; total supply 35M JCR, with 76% sold via crowdsale at $1 starting price.
• Invoicing & Billing System Invoice creation and billing management functionality integrated into the platform for business transaction handling, available to SMBs in the Open Beta program.
• Enterprise Multisig Wallets Multi-signature wallet functionality for enterprise users to manage blockchain assets with enhanced security controls.
• B2B Crypto Payments Business-to-business cryptocurrency payment capabilities enabling enterprise app integrations and corporate crypto transactions.
• B2E Payments Business-to-employee payment functionality for salary and compensation disbursements via cryptocurrency.

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BitPay: BitPay is a leading cryptocurrency payment processor that enables businesses to accept and settle bitcoin and other crypto payments. Directly comparable to Jincor's cryptocurrency payment integration module targeting SMB merchants.
• Coinbase Commerce: Coinbase Commerce provides merchants with crypto payment acceptance tools, including invoicing and settlement. Closely mirrors Jincor's B2B crypto payments and invoicing module for SMB customers.
• OpenLaw: OpenLaw built smart contract templates for legal agreements on Ethereum. Directly comparable to Jincor's pre-built smart contract templates adapted to country-specific legislation for SMB use.
• Request Network: Request Network is a decentralized network for payment requests, invoicing, and B2B crypto transactions. Strongly comparable to Jincor's invoicing and billing system plus B2B crypto payments modules.
• Clause: Clause (acquired by OpenLaw) offered a smart contract templating platform with legal workflow tools. Comparable to Jincor's template-driven, regulation-aware smart contract deployment model.

Broad incumbents

• R3 Corda: R3 Corda is an enterprise-grade permissioned distributed ledger platform serving financial institutions with smart contract capabilities. Comparable as a larger, better-capitalized private/permissioned blockchain alternative for business contracts.
• Hyperledger Fabric: Hyperledger Fabric (Linux Foundation) is an enterprise permissioned blockchain framework for smart contracts and business processes. A broader incumbent competing for the same enterprise smart contract and B2B workflow use cases.
• IBM Blockchain Platform: IBM Blockchain offers enterprise blockchain solutions including smart contract deployment on Hyperledger. A broad incumbent that dwarfs Jincor in scale, brand, and enterprise customer reach.
• Stellar Development Foundation: Stellar is a public blockchain for cross-border payments and tokenized assets. Comparable to Jincor as a payments-and-tokenization platform with enterprise and SMB adoption goals.

Emerging players

• Kleros: Kleros is a decentralized arbitration and dispute resolution protocol using blockchain jurors. Closely comparable to Jincor's decentralized arbitration system for smart contract dispute resolution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/jincorlimited
• Xx.com/jincor_ico
• YouTubeyoutube.com/channel/UCOw-3pimkAADmsMQbET1eLA

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jincor