Pasay City, Philippines – In a significant recognition of its transformative contributions, Twala was honored by the Anti-Red Tape Authority (ARTA) on October 30, 2024, at the Sheraton Hotel in Pasay City. The prestigious award acknowledged Twala’s pivotal role in promoting the Ease of Doing Business and delivering more efficient government services across the Philippines. Among the 21 awardees celebrated for their exceptional contributions, Twala stood out as the only non-government agency, underscoring the company’s unique position and impact in supporting ARTA’s mission through private sector innovation.

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.

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:

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 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.

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.

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.

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.

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.