Bright Ideas

Councilbox: Lawtech that helps cut corporate meeting costs by up to 80%

  • Spain
  • 4 min read
  • Jul 01, 2019
  • By Emanuela Ferraro

Image: Shutterstock

The startup behind legally validated meeting software is one of the first market movers, targeting some 3m companies in Spain

Councilbox has developed software that enables formal and legally binding corporate meetings through video streaming from anywhere in the world and from multiple devices. This saves 80% of the cost of meetings that typically require the physical presence of company directors, shareholders and attorneys who may be based in different cities or countries.
According to the new Capital Companies Act in Spain, companies are required to organize shareholder and board meetings once every quarter. Thanks to blockchain technology, Councilbox’s distributed ledger technolo...

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Edited by Matt Stanley

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