It's a Web, Web, Web 2.0 world

It's not just Silicon Valley. The user-generated revolution is in full swing worldwide. Business 2.0 Magazine picks the best non-U.S. sites to watch.

Tractis
Web applications
Tractis
This Web service allows companies and individuals to create, sign and manage business contracts online. To deal with the problem of online identities, Tractis plans to offer insurance that will reimburse customers and help enforce contracts when there's a dispute. Tractis plans to expand throughout Europe and South America -- mainly countries where governments are issuing ID cards with digital signatures.

CEO: David Blanco

URL: tractis.com

Location: Barcelona, Spain

Launch: 2006

Funding: About $500,000 (angel investors)

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.