Karanovic & Partners has partnered up with Blocknify to launch an electronic signature technology called "k/signing."
With k/signing, according to Karanovic & Partners, the firm aims to “facilitate the procedure of electronic execution of documents in a secure and transparent manner using blockchain.”
“The absolute need for remote execution of documents is now more evident than ever. This is why we have partnered with Blocknify, a startup which was found within our k://lab program and started our joint k/signing project,” commented Karanovic & Partner Senior Partner Rastko Petakovic. “We see a great future and potential in technology, and especially in legal tech since this is the area where we can fully provide our added value both from the client and expert perspective.”
Karanovic & Partners also stated that “electronic execution of documents is exactly what it sounds like, i.e., the signing of documents without the need to previously print them out and use wet ink. All electronic signatures (simple, advanced, and qualified ones) are generally recognized as legally binding throughout the jurisdictions we cover.”
The firms k://lab program is a “platform through which a network of our professionals and partners are supporting chosen start-ups in the SEE region,” Karanovic & Partners added. “One of the startups which were found within our k://lab program is Blocknify, which is developing multiple solutions for legal signing. K/signing is only first in a line of projects we have in the pipeline with Blocknify.”