KUALA LUMPUR, July 28 -- Securemetric Bhd, a digital security company, has launched SigningCloud, Malaysia’s first universal and legally-binding application that allows users to sign and authorise documents anywhere, anytime and on any device.
Securemetric said the cloud-based pay-per-use digital signature platform, which is in compliance with the Digital Signature Act 1997, is targeting the mass market.
Founder and chief executive officer Edward Law Seeh Key said the company has already registered 4,000 users since its pre-launch last month and it is targeting to attract 20,000 users before year-end.
“This pay-per-use business model will also create another sustainable recurring income stream for the company,” he said in a statement today.
He said there is also the potential to offer these customers other digital security solutions by Securemetric such as CENTAGATE and authentication hardware devices.
Meanwhile, independent market research firm, Technavio, has forecast the global digital signature market to grow by US$2.77 billion between 2020 and 2024, progressing at a compounded annual growth rate of over 27 per cent during the period.
Malaysia National News Agency
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