Twala, a DOST-backed digital signature and digital identity startup, e-signed a Memorandum of Understanding (MOU) with the Senate of the Philippines to help its digitalization efforts. This is the first time the Senate has entered into such an agreement with a Filipino innovative tech-startup.

Pinoy tech startup Twala said businesses can make their processes more efficient by shifting from paper-based documents to digital documents secured by blockchain. Lawyer Third Bagro, co-founder and general counsel of Twala, said by using a blockchain-powered digital identity and digital signature, businesses can also rest assured that their documents are tamper-proof and court-admissible.

Twala, a DOST-backed digital signature and digital identity startup, and the Organization of Socialized and Economic Housing Developers of the Philippines (OSHDP), the preeminent consortium of mass housing developers in the country, have come together in a groundbreaking partnership to digitalize the housing sector. This significant collaboration was unveiled during the OSHDP Affordable Housing Summit 2023, held at the Henann Regency Resort & Spa on September 1, 2023.

The National Confederation of Cooperatives (NATCCO) has concludedits inaugural Billionaire Co-ops' Summit 2023 by signing a landmark 2-year contract worth 2 million pesos with innovative Philippine startup, Twala. This agreement heralds a new stage of financial and social inclusion within the cooperative sector, through digitalization of paper-based workflows.

Twala, a DOST-backed digital signature and digital identity startup is proud to announce the participation of its CEO, Jeffrey Reyes, at the Cloud Signature Consortium General Assembly held in Utrecht, Netherlands, on June 15-16.

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.

By leveraging Twala's automation system, CGSDCI was able to incorporate secure esignatures and meet regulatory standards for its QMS, including maintaining an audit trail. Twala's customer support team provided invaluable assistance to CGSDCI, resolving any issues that arose in a timely and effective manner.

After integrating Twala's secure esignature into their operations, Secuna experienced a significant improvement in their document processing turnaround time.

All audit trails can serve as legal tools to present proof of a transaction’s history, and a digital audit trail in an application makes it possible for even digital processes to be verified and proven in court.

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. 

Human Resources is one of the departments in a business or corporation that needs signatures very often. From employee agreements to benefits and payroll forms, from performance evaluations to compliance documents, HR may require signatures to ensure legal and regulatory compliance as well as for documentation of the agreements between companies and their employees.

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.

Common operational documents — such as sales contract approvals, account openings, applications, hiring, and onboarding — all have one common requirement: a signature. 

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.

Recruitment, as we mentioned, involves a very lengthy and challenging documentation process — especially when it comes to facilitating new employment contracts. ‍Electronic or digital signature platform, such as those offered by Twala, can help your business take the pain out of this aspect of recruitment. 

Twala, a tech startup that offers digital transformation of businesses with their legally binding and secure electronic signature platform powered by blockchain technology, got selected as one of the startups that will join the IdeaSpace Philippines Acceleration Program 2021.

The use of electronic signatures in the Philippines remains a vast sea of opportunities that is unexplored by different industries.

As companies embrace new ways of working like remote or hybrid work setups, having a systematic process of saving, retrieving, sharing, and retaining business data is now more important than ever.

They’re an important tool in an effective and efficient contract management process. Curious to see how this tool could revolutionize how you do business?

So, you’re finally convinced of the significant cost and productivity benefits that esignatures can bring to your business. But there’s one compelling thought that has been keeping you from giving your green light to adopt the technology – are e-signatures legal in the Philippines?