The e-auction service allows its users to participate in electronic auctions from anywhere in real time, using a computer. It is a reference point for digital transformation projects in both Greece and Cyprus.
The service became a reality by implementing the relevant Greek and Cypriot legislation, aiming at maximizing the price, with multiple levels of platform security and with technology that allows real time bidding.
The process of managing and conducting electronic auctions is undertaken by certified notaries as auction officials, in a geographically homogenized, fair, and transparent way to the user and the debtor.