Xago integrates with Bizzamm to scale legal compliance processes

by | Aug 30, 2021 | News

Xago, an innovative crypto fintech that moves money at a fraction of the cost of traditional financial institutions, is pleased to announce a strategic partnership with Bizzamm, to empower exponential growth in real-time legal compliance processes.

Bizzamm, a provider of world-class legal expertise, offers on-demand legal and compliance tools for contract and organisation management, at exceptional value for money, when compared to other service providers. The global cryptocurrency market is growing at a CAGR of 60.2% over the next 5 years with Europe, Middle-East and Africa holding the largest share, according to Mordor Intelligence.

“Building highly-secure and legal digital solutions for our Partners and Clients is what Xago ascribes to. Integrating via API with Bizzamm’s real-time, document signing processes, will enable Xago to not only provide scalable and compliant solutions for our Business Partners, but comfort to our Clients that their personal information is secure,” confirms Mark Chirnside, CEO and Co-Founder of Xago Technologies.

Bizzamm now records each document that is signed onto the Ripple Ledger, tagging it with a transaction identification to show that the signature has been, in fact, actioned and making the document immutable.

“Bizzamm’s electronic signature and blockchain storage solution is an ideal fit for this type of requirement and offers a simple, seamless integration of the two systems via API. It goes a long way in minimising procedural risks associated with these transactions and carries a multitude of benefits for all involved parties, ” states Melanie van Biljon, CEO and Co-founder of Bizzamm.

Xago continues to develop highly secure, fast and legally compliant blockchain products and services including a payment gateway, trade exchange, fiat on- and off-ramps all based on trading ZAR/XRP cryptocurrency on Ripple’s XRP Ledger and the partnership with Bizzamm is an obvious next step.

About Bizzamm

Bizzamm was founded by a talented group of lawyers, software engineers and finance advisors, all of whom are also business operators who have experienced all the current challenges of contract and document management.  Drawing from their extensive experience (collectively over 100 years) in legal, financial and software development, uniquely enables Bizzamm’s qualified team to provide a host of intuitive, technologically advanced document and process management tools. www.bizzamm.com

 

For more information, please contact:

Cheridan Inglis, Chief Marketing Officer

Xago Technologies (Pty) Ltd.

marketing@xago.io