Contract disputes in the Philippine legal sector can be costly, time-consuming, and damaging to business relationships. One effective way to mitigate these issues is by adopting tamper-proof digital signatures, which offer enhanced security and document integrity.

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.

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.

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.

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 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 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.

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.

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. 

Blockchain startup Twala has received a P4.6 million grant fund from the Department of Science and Technology (DOST) — Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD) to further help companies power their remote or hybrid work arrangements through its digital signature solution.

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.