ZorroSign, a patented blockchain digital business platform (DBP) that focuses on security and privacy, has grown to become a pioneer of electronic digital signature technology and document management solutions. It started out as a niche entity in a niche segment, but was quickly adopted by governmental and financial institutions that were looking to resolve issues of privacy and security.
The DBP offers solutions that go beyond digitization to include Artificial Intelligence solutions, Machine Learning, and blockchain allowing companies to validate their users, archive, and retrieve on a non-repudiated chain of custody platform. According to the founder and CEO of ZorroSign, Shamsh Hadi, “With this patent now awarded we will solidify businesses with post execution fraud and tamper protection solutions. We can prove if digital documents have been tampered. One of the biggest industries to benefit from this would be the auction sector where valuable pieces of art of limited edition products can be safeguarded.”
Since founded in 2013, ZorroSign has achieved many milestones; one of the recent achievement is the award of the Best Blockchain Initiative in MENA. This development has paved way for more partnership with new clients like EMPOWER, a subsidiary of DEWA and other inroads in the Kingdom of Saudi Arabia, Oman, and Kuwait in 2020.
The company has also expanded its operations in Sri Lanka, India, and the USA, with headquarters in Arizona. Hadi comments, “We are having progressive discussions in Africa, with governments of Kenya and Tanzania. In addition, we are already moving ahead with our five-year plan and incorporating aspects of Machine Learning being built into the platform as well as integrations with other software platforms such as M365, SalesForce and other out of box integrations.
Hadi further explained, “One of the unique aspects of our solution is its scalability and its ability to integrate with legacy systems in a modular fashion. We are like LEGO® blocks where you can build as you go, take out and add without compromising the effectiveness of the solution.” He adds, “Soon ZorroSign will be offering its solution as a pay per usage model instead of a purely SaaS (Software as a service) platform. Our move to consumption-based pricing is in line with the needs of organizations to be cost effective and efficient, this is appreciated in today’s economies.”
Currently, the company plans to announce its Series A investment round to be used for marketing, expansion and product development, by the end of 2021. This will be done in partnership with its UAE investors.
Source : unlock-bc