Coinfeeds Daily → Tezos Enables Izikap To Reimagine Company Registers

Tezos Enables Izikap To Reimagine Company Registers

Published: Jan 19, 2024 | Last Updated: Mar 17, 2024
Howard Kane
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Xelians group's Izikap leverages Tezos blockchain for secure, digital register management, aligning with legal standards.

The business world is witnessing a significant transformation with the integration of blockchain technology into Software as a Service (SaaS) platforms. A prime example of this is the recent launch of Izikap, a platform developed by the Xelians group and powered by the Tezos blockchain. This innovative service is designed to revolutionize the way companies manage their registers, moving away from traditional paper-based systems to a more secure, digital approach.

Understanding the Shift to Digital Registers

Izikap's introduction marks a pivotal change in company register management. Traditionally, maintaining company registers involved a lot of paperwork, which was not only time-consuming but also prone to errors and security risks. With Izikap, these records are now digitized, providing a more efficient and reliable system. The platform allows for the recording of securities movements, offers real-time analysis of capitalization tables, and ensures secure transmission of documents.

Blockchain: The Backbone of Izikap

The Tezos blockchain is the underlying technology that powers Izikap, providing several benefits over conventional databases. Blockchain technology is renowned for its enhanced security features, such as immutability and encryption, which make it an ideal choice for managing sensitive company data. By leveraging the Tezos blockchain, Izikap ensures that all transactions and changes to the register are securely recorded and easily traceable, offering peace of mind to businesses.

Legal Framework and Accessibility

The legal framework supporting the use of electronic registration devices, such as Izikap, has been established by a 2018 French decree and a 2017 order. This legal endorsement is crucial as it provides businesses with the confidence to adopt this new technology, knowing that it complies with regulatory standards. Furthermore, Izikap is not only secure and compliant but also accessible, offering a digital safe for document storage and an option for a free trial, making it easy for companies to test the platform and see its benefits firsthand.

For businesses considering a transition to a digital company register management system, Izikap presents a compelling option. The platform's use of blockchain technology ensures a high level of security and transparency, while its compliance with legal standards provides assurance of its legitimacy. The availability of a free trial allows companies to experience the platform's features without any initial investment, making it a low-risk opportunity to explore the advantages of digitalization.

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