About twenty-five years ago, the Philippine Congress empowered the Supreme Court (SC) to issue rules to allow for electronic notarization in the country. There is reason to be optimistic that the time for e-notarization has finally come.

Twala, a blockchain-powered digital identity, and digital signature platform, recently collaborated with the Philippine Supreme Court to provide inputs in their ongoing work to draft rules to allow electronic notarization in the country.

It can be tough to write up a contract from scratch, especially if you’re doing it for the first time. If you’re not careful, you might end up making some of these common mistakes. Not to worry! We’ve got some tips on how to avoid these mistakes and some tools for making your contract drafting process even easier. Here are some common contract writing mistakes, and how to solve them:

All businesses have important agreements they make with other entities. To ensure that these agreements are legally binding, as well as for an added layer of security for both parties, contracts are formed between or among them. 

Contract cycle time refers to the time it takes to prepare, process, and sign your company’s contracts. While this cycle is wholly necessary, it can be quite tedious and take a lot of time and effort. Thus, reducing the time it takes to finish the cycle can do a lot for the company in terms of saving not just resources, but money in the long run as well. Here are 6 tips to reduce contract cycle time.

The importance of your legal department cannot be overstated. They handle all contracts and agreements that your business needs, from start to finish. However, this process generates massive amounts of paper, which in turn, generates massive amounts of work for your legal team.