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Signaturit

Objective

We want to change the way we sign contracts and other documents, and in doing so, the whole process that accompanies them. Currently, when documents need signatures, we use the post/ courier to send them and then wait, sometimes days, to get the signed copies back. This is a manual process, slow, costly, prone to human error, with a negative impact on the environment and on the bottom line.
Research shows that companies are not ready to switch to e-signature solutions for 3 reasons: (a) lack of security , (b) usability –and (c) add minimal value. Our e-signature solution is:
(a) very secure – we use a unique, proprietary, multi-authentication process, including biometric data, encrypting and sending material using a secure channel and logging every action,
(b) easy to use from any device – the user can sign with a finger, mouse or stylus and send the signed material via regular email, with no special hardware or software installation and
(c) provides significant value added through Smart contracts that take out the inefficient administrative processes around contract implementation.
Our solution will finally allow companies to stop using a manual process, reducing paper use, improving companies’ competitiveness and boosting the economy. Signaturit is the first e-signature service that guarantees 100% legal validity in business digital transactions, minimises the risk of cybercrimes and drastically improves productivity. During this project we aim to add unique advanced biometric and blockchain encryption tools that ensure an unreachable level of cyber security in e-mail transactions, while Smart contracts will ensure that productivity is optimised.
We are Signaturit Solutions S.L. an SME that recently obtained the SME Instr. Phase 1 funding. After completion of the SME Inst. Phase 2 project, we aim to aggressively market our innovation to 5 European countries, with projections to gain an annual net profit of €17M by 2024 while directly creating 30 new jobs.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

SIGNATURIT SOLUTIONS SL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 217 431,25
Address
CL AVILA 29
08005 BARCELONA
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Cataluña Barcelona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 1 739 187,50
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