(Alliance News) – Spindox Spa announced on Monday a collaboration agreement with WizKey, a provider of blockchain solutions for financial markets and owner of a Market-as-a-Service platform for intangible and physical assets. announced that it had concluded
The partnership, which the company described in a memo, aims to combine their respective expertise to provide the market with an innovative system for managing financial transactions.
The deal includes the development and marketing of solutions based on the Define platform for banks and other financial institutions.
“WizKey will manage the infrastructure hosting of the technology, Spindox will be responsible for its maintenance, and will provide system support and first-level troubleshooting services to our customers. Spindox will also be responsible for marketing and distribution of the platform.” the company explained.
“Define leverages blockchain technology to automate workflows related to managing financial and physical assets, enabling significant revenue gains and significant reductions in operational costs.”
Spindox on Friday closed 0.4% green at €9.86 per share.
Chiara Bruski, Alliance News Reporter
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