OTT-One develops a document management system based on blockchain technology

OTT-One has received an order worth approximately HUF 280 million from DocFinIT Ltd. for the execution of design and development of a document management system based on blockchain technology. In addition, under the contract, OTT-One also got resale rights for the blockchain based document management system.

The contract consists of two parts: first, OTT-One undertook to execute the technical design of the blockchain based document management system. Then, the development of components based on blockchain technology and the various IT security backend modules will begin.

Thanks to the developments, a document management system with high-tech security solutions will be created. Due to these developments, it is impossible to exchange or to garble the documents.  Furthermore, as a result of the improvement the permission settings won’t be possible to modify without a trace.

According to Gergely Vesszős, blockchain expert of OTT-ONE, the combination of blockchain-based security technology and document management solutions could result in a highly secure system which provides an effective answer against present challenges related to safe document management.

OTT-ONE receives license for defence-related activities

OTT-ONE has been granted activity license for the development and production of defence-related goods and services by decree of the Department of Trade, Defence Industry, Export Control and Precious Metal Assay of the Government Office of the Capital City Budapest.

With the activity license we have become eligible for the production and development of defence-related instruments and the offering of defence-related services. We now have the opportunity to become an active player in the industry, enabling us to further strengthen the position for our security technology business arm” – stated Balint Majer, president and CEO of OTT-ONE.

OTT-One has successfully qualified for the Official NATO Supplier title

OTT-One has successfully qualified for the Official NATO Supplier title based on the decision of the Minister of Defence of Hungary. Our profile is now included in the public list of suppliers on the NATO Supplier Information Webpage.

The Hungarian board of the NATO Security Investment Programme (NISP) examined whether OTT-One fulfils the eligibility requirements related to our references, organizational structure and finances, and found that we meet all the criteria.

The qualification is an important step in the history of OTT-One as the company will be eligible to participate in future bids financed by the NISP announced by the Minister of Defence of Hungary.

OTT-One and TV2 Group sign long-term strategic agreement

After more than one and a half years of negotiations, a long-term strategic partnership was formed between OTT-One Nyrt. and leading Hungarian media company TV2 Group with the goal of developing and operating “Spíler Extra”, a video streaming application. The new application will offer live sports content on mobile platforms. TV2 Group has chosen OTT-One as a strategic partner based on a complex international market analysis. The new long-term agreement means great business potential for the company, as most prominent streaming technologies are connected to mobile-based live sport broadcasting.

OTT-One Nyrt. has accumulated great expertise in streaming technologies –it currently provides technical background to Telenor MyTV, thus demonstrating proficiency of their word-class high-tech solutions. The company is continuously developing unique, flexible and integrated streaming services that can easily be adopted for different purposes and audience needs: the services of OTT-One are now present in the fields of e-learning and e-sports as well.

OTT-ONE visited Colombia

On the 20th October 2017, fulfilling the official invitation of the Ministry of Foreign Affairs of Hungary, the OTT-ONE Group and its strategic partner iSRV Zrt. participated on the inauguration ceremony and related business events of the Hungarian Embassy in Bogotá, Colombia. Within this event Mr. Bálint Májer, president of our company together with four other Hungarian companies was given the opportunity to present the company’s security solutions to the representatives of the large number of Colombian companies.