The legal landscape in the Philippines can be challenging, especially when it comes to ensuring compliance with digital tools like electronic signatures. For businesses and law firms, making sure that digital signatures meet the requirements of the law—specifically the E-Commerce Act and the Rules on Electronic Evidence—can be a time-consuming and complex process. Understanding these requirements is crucial for ensuring that digital signatures are legally valid and admissible in court.

Many sales teams continue to rely on traditional, manual document signing processes, unaware of the hidden costs these methods can incur. While familiar and seemingly straightforward, manual processes can create inefficiencies, delays, and errors that ultimately affect your bottom line.

In today's fast-paced, mobile-driven world, closing deals swiftly is a priority for sales teams. Salespeople are often on the move, whether they’re at a client meeting, attending a trade show, or working remotely. The traditional process of physically signing sales contracts, scanning, and emailing them back and forth has become outdated. This is where e-signatures for mobile sales come into play—revolutionizing how contracts are signed, making the process faster, easier, and more secure

In an increasingly digital world, document security and integrity are paramount for operations teams that handle sensitive information, including contracts, financial records, and proprietary data. Advanced cryptographic technologies like Public Key Infrastructure (PKI) and Distributed Ledger Technology (DLT), commonly known as blockchain, are emerging as key enablers of secure, efficient, and tamper-proof document management.

As operations teams strive to improve efficiency, digital tools have become crucial for streamlining workflows. One of the most impactful tools in this evolution is the digital signature, offering a faster, more secure way to handle approvals and contracts. This article explores the basics of digital signatures, why they matter for operations, and how they can streamline your team’s processes.

Twala, a cutting-edge e-signature platform, has been named one of the 10 finalists in Sprout Solutions’ Impact ’23: The Philippine B2B SaaS Challenge. Featured in BusinessWorld, Twala joins a diverse group of early-stage startups recognized for their potential to drive digital transformation in the Philippines.

Blockchain-based platform Twala has secured a spot in F6S’s article, “10 Top SaaS Companies and Startups in the Philippines for September 2024.” Twala stands out for its innovative approach to secured digital signing and decentralized identity management, positioning it as a key player in the SaaS market.

Twala, an innovative e-signature platform, was recently featured in Sprouts' article “On the Rise: A Glimpse of Micro SaaS Companies in the Philippines.” The feature highlights the top 10 startups in the IMPACT ’23 accelerator program, with Twala gaining attention for its blockchain-powered solution.

In 2022, the Bangko Sentral ng Pilipinas (BSP) introduced new rules that allow the use of electronic signatures (e-signatures) for opening bank deposit accounts. This move is part of the BSP’s effort to modernize banking in the Philippines and support the country’s shift toward digital financial services.

The Supreme Court has approved new guidelines for the electronic submission of pleadings, which took effect last April 5, 2024. This initiative, part of the Court's Strategic Plan for Judicial Innovations (2022-2027), aims to reduce court congestion and expedite legal processes by shifting to digital filings. The Guidelines are designed to:

August 24, 2024 — Twala, a DOST-supported tech startup, makes waves on Radyo Siyensa. Co-founders Engr. Jeffrey Reyes and Atty. Third Bagro discussed their innovative blockchain-based platform, Twala Sign, and its contributions to digital transformation.

The rise of e-commerce in the Philippines has introduced new challenges, particularly the risk of online fraud. As businesses increasingly rely on digital transactions, ensuring secure and trustworthy interactions has become essential. Digital signatures have emerged as a key tool for addressing these concerns, helping to reduce fraud and build trust in the digital economy. By ensuring document integrity and verifying identities, digital signatures enhance security in contracts, payments, and transactions.

Twala, a DOST-backed Filipino tech startup specializing in blockchain-based digital solutions, has entered into a Memorandum of Understanding (MoU) with the National Development Company (NDC) as knowledge partners to advance digital innovation and boost economic growth in the Philippines. The MoU was signed in May 2024 at the NDC Office, with Twala CEO and Co-Founder Engr. Jeffrey V. Reyes and NDC General Manager Antonilo DC. Mauricio present at the ceremony.

Twala, a pioneering DOST-backed startup known for its blockchain-secured digital identity, digital signature, and intelligent document solutions, played a prominent role at the inaugural Advanced Science, Technology, and Innovation Convention (ASTICon) 2024. Held at Novotel Manila in Cubao, Quezon City, the event marked the 37th anniversary of the Department of Science and Technology’s Advanced Science and Technology Institute (DOST-ASTI) and brought together key figures from industry, government, and the tech sector under the theme “Together, We Can.”

Twala, a startup backed by the Department of Science and Technology (DOST) in the Philippines, has carved a niche for itself in the realm of intelligent document and digital identity technology. The company specializes in providing tamper-proof digital signatures, digital identity solutions, and intelligent document solutions. Leveraging the power of artificial intelligence and secured by blockchain technology, Twala’s innovative solutions address critical needs for security and authenticity in the digital age.

THE Anti-Red Tape Authority (ARTA) has announced a strategic partnership with Twala, a digital signature and digital identity startup supported by the Department of Science and Technology through the DoST Startup Grant Fund, to enhance the agency's digitalization strategy.

Twala's Co-founder and CEO, Engr. Jeffrey Reyes, has been recognized as one of the Movers and Shakers in the Philippine Startup Ecosystem on Esquire Philippines Trailblazers List for 2024.

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 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 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.

Twala Sign has helped NCCB to streamline their approval processes, making them faster, more reliable, and efficient, while also saving time, paper, and money. With the audit trail in Twala Sign,NCCB is audit-ready, ensuring transparency and accuracy in their processes.Twala Sign is a cost-effective solution that is recommended by NCCB's CEO, making it a trustworthy choice for other companies looking for a reliable digital signature solution.

Twala, a DOST-funded startup in the Philippines providing digital identity and blockchain-based signature solutions, is excited to announce its membership in the Cloud Signature Consortium (CSC), a global organization dedicated to promoting the adoption of cloud-based electronic signatures. As a member of the CSC, Twala will collaborate with industry leaders to develop, enhance, and advocate for secure digital authentication and electronic signature standards.

Twala has partnered with the DOST - Advanced Science andTechnology Institute (DOST-ASTI) to accelerate research and development in the field of Blockchain Technology.

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. 

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?