Funding Received
No Funding Found in CrunchBase
Headquarters:
Espirito Santo
Description:
Negonation is a Spanish startup that is using advanced identification verification to create a one-touch system to hand the life-cycle of a
Categories:
Design, Security, Legal, Curated Web
Website:
http://www.negonation.com

Detailed Description

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Negonation is a Spanish startup that is using advanced identification verification to create a one-touch system to hand the life-cycle of a contract. Combing hardware smart coder readers, Spain's national ID card, and their software,Tractis, the system is being leveraged to provide a full range of identification and legal services, online. Once users sign up, they will be able to conduct contracting without the need of a lawyer. Additionally, similar to the United States, digitally signed contracts in Spain are legally binding, meaning that the contracts created by tractis are fully legal. As a final security measure, Negonation offers a guarantee against fraudulent transactions similar to credit card companies.

The largest single provider of online contracting is Ebay, although the contracts are exclusively for its auction and sales services. Through its ranking of individuals and Paypal division, Ebay provides the kind of service that Tractis seeks to do, but only for one type of transaction. Similarly, other services let individuals verify themselves and rate others based on trustworthiness, and digitally sign documents. These discrete services are provided by RSA, Truste, Echosign, and Ikarma. However, Tractis is the first to offer a turn-key legal solution.

Current Team (4)

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Products (1)

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  • Cb default image

    Tractis

    Tractis is a full service legal solution for end-to-end contracting. Currently only open to...

Offices/Locations (1)

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  • Office

    , Espirito Santo

    ESP

Competitors (1)

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  • 5c1464b12cc636898182616c6c714374

    Acendi Interactive

    Acendi Interactive provides software-as-service solutions for online security, authentication and...