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.

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.

PLDT Enterprise inked an MOU with Twala to co-innovate and productize Twala, a blockchain-powered document and digital signature platform.

Pangilinan-led IdeaSpace Foundation has infused P3 million into three startups that capitalize on the shift to digital platforms to address challenges and risks arising from the new normal.

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?