Notarify, the leading Italian company in blockchain notarization, signed an agreement on January 19 with NX Digital Technology, a provider of artificial intelligence solutions based in Abu Dhabi, United Arab Emirates. Through this partnership, Notarify aims to expand its activities in the Middle East, as reported by journalist Federico Morgantini on Forbes Italy.
According to the company’s website, Notarify is the first platform for the management of the entire lifecycle of documents with Blockchain validation, the so-called “notarization,” which makes it possible to obtain proof of immutability of the content of documents. Every document uploaded to Notarify becomes, automatically and without any intellectual effort, a “digital original.” Notarify makes it also possible to remotely sign any document, guaranteeing the identity of each subject involved, thanks to an innovative Artificial Intelligence algorithm.
In September last year, Notarify won the “most successful blockchain project” prize at the Italian Insurtech Awards, organized by the Italian Insurtech Association (IIA). The award represented an important recognition for a highly innovative company with excellent growth prospects in a rapidly expanding sector.
In October 2021, Notarify opened a branch in Dubai. The company aims at expanding its business in the MENA region through partnerships with local market leaders. The agreement with NX Digital Technology, signed during the last day of Intersec, Dubai’s international cybersecurity fair, moves in this direction, looking at the development of a Go To Market strategy specific to the needs of the Middle Eastern market.
The partnership looks at clients interested in streamlining bureaucratic processes and strengthening security in the management of data and documents.
Interviewed by Federico Morgantini, the founder and CEO of the company, Federico Monti, said: “NX Digital Technology will act both as a reseller of the Notarify.io platform, and as a system integrator to ensure the best integration and interoperability of the functions provided by Notarify within the IT infrastructures in use by local customers.”
Mr. Monti then concluded: “thanks to the union of the skills of both companies in supporting large companies in the fields of finance, construction, transport, energy, and public administration, I am sure that our presence, not only in the United Arab Emirates but throughout the Gulf area will allow us to be a fundamental reference for the correct spread of the benefits of Blockchain technology.”