Information Technology
LuxTrust and Shanghai Genyan Network Technology join forces to offer transcontinental electronic signatures
LuxTrust, Shanghai Genyan Network Technology and Whale Cloud, the integrator of Qiyuesuo , joined forces to simplify electronic signature processes in complex legal environments. This partnership enables companies to easily navigate between EU and Chinese regulations, ensuring compliant signatures despite stringent legal processes. The current lack of solutions makes electronic signatures between a Chinese and a European company overly complex, requiring costly travel and local regulations that are not always straightforward to understand and navigate. Unique in its regulatory coverage, this interface offers a seamless user experience, integrating electronic signature flows into existing business ecosystems. It also spares users the need to switch platforms, improving efficiency and reducing errors.
Thanks to this collaboration, companies benefit from jurisdictional sovereignty. For each contract, companies sign within the appropriate jurisdiction: in China for Chinese contracts and in the EU for European contracts. Companies use their usual platform (COSI for the EU, Qiyuesuo for China ) to sign, ensuring compliant and legal signatures regardless of location. This partnership is unique as it ensures reciprocal digital identities for each region - Chinese companies use a LuxTrust digital identity to sign in the EU via Qiyuesuo, while EU companies use a Qiyuesuo digital identity to sign in China via COSI. This approach ensures legal compliance, thereby enhancing the reliability and legality of international transactions.
For Fabrice Aresu , CEO of LuxTrust: " ."
" ." said Tang Xingkun, CEO of Shanghai Genyan Network Technology.
In addition to operational and legal advantages, the alliance between LuxTrust and Shanghai Genyan Network Technology also offers significant financial benefits for businesses. By streamlining contractual processes, companies can reduce their administrative costs while maintaining a high level of efficiency and security. This profitability-focused approach allows companies to achieve substantial savings while improving their productivity and competitiveness in the international market.
" added Wu Pan , General Manager of Whale Cloud for the European region.
Contact email: sophie.renard@lasuiteandco.com
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