The reasons for this are threefold – security, speed and overall user-friendliness, both for the buyer and the seller. Although more portable, smartphones don’t offer all of these conveniences.
In order to address this, DocuSign, Inc. has announced that Samsung Venture Investment Corporation (Samsung Ventures) will invest in DocuSign to become a part of the DocuSign Global Trust Network.
“DocuSign is the global standard for Digital Transaction Management empowering the world to keep business digital,” said Michael Jeon, director of Samsung Ventures in a press release. “Our investment is evidence of our belief in the need to bring the ease, speed and convenience of DocuSign’s DTM platform to the billions of consumers and mobile professionals who use smartphones and tablets every day.”
This investment is believed to be a precursor for a bigger strategic relationship in the shift toward digital transformation. This will reduce operational costs like printing, faxing and scanning to create a simple, convenient and secure way for business transaction.
“We believe the most successful companies will be fully digital by the end of the decade,” said Keith Krach, chairman and CEO of DocuSign. “Samsung is a digital leader who is bringing innovative technology and solutions that enrich peoples’ lives to market. With Samsung Ventures’ investment, we look forward to strengthening the DocuSign Global Trust Network to empower anyone to transact anything, anytime, anywhere.”
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