Twala

About Twala

Twala offers a secure electronic signature solution that utilizes blockchain technology and smart contracts to ensure legally binding document signing. This platform addresses the inefficiencies of traditional paper-based agreements by enabling fast, tamper-proof digital signatures that comply with various eSignature laws globally.

```xml <problem> Traditional methods of document signing rely on paper-based agreements, leading to inefficiencies, delays, and increased costs. Ensuring the security and legal validity of these agreements can also be challenging. </problem> <solution> Twala offers a secure electronic signature and digital identity solution leveraging blockchain technology and smart contracts to provide legally binding and tamper-proof document signing. The platform enables users to digitally transform their agreement workflows, reducing turnaround time and costs while ensuring compliance with eSignature laws. Twala's solution extends beyond basic e-signatures to offer a full intelligent document management system with secure forms, cloud storage, document verification, audit trails, and AI-powered document processing. Additionally, Twala provides a digital identity solution that allows individuals to prove their identity without revealing sensitive personal information, enhancing privacy and security. </solution> <features> - Legally binding e-signatures compliant with various eSignature laws (e.g., ESIGN, UETA, eIDAS) and the Philippines’ Electronic Commerce Act - Tamper-proof digital signatures powered by blockchain smart contracts and PKI technology - AI-powered ID verification process using government-issued IDs and selfies - Hashproof Technology to ensure document integrity - Passwordless authentication/login via QR code or push notification - SOC 1 Type II, SOC 2 Type I, and ISO 27001 certified data centers with AES 256-bit encryption for data storage - Digital identity solution with Zero Knowledge Proof technology for privacy-focused identity verification - Support for verifiable credentials such as employment records and academic credentials </features> <target_audience> Twala targets businesses across various industries, including human resources, finance, accounting, legal, education, real estate, and sales, as well as government institutions seeking to streamline document signing and identity verification processes. </target_audience> <revenue_model> Twala bills based on the number of senders (users who send documents for e-signature) and offers different pricing tiers based on usage. Signers can create a free account and sign documents without a paid subscription. </revenue_model> ```

What does Twala do?

Twala offers a secure electronic signature solution that utilizes blockchain technology and smart contracts to ensure legally binding document signing. This platform addresses the inefficiencies of traditional paper-based agreements by enabling fast, tamper-proof digital signatures that comply with various eSignature laws globally.

Where is Twala located?

Twala is based in Taguig, Philippines.

When was Twala founded?

Twala was founded in 2020.

Location
Taguig, Philippines
Founded
2020
Employees
19 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

Twala

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

Twala offers a secure electronic signature solution that utilizes blockchain technology and smart contracts to ensure legally binding document signing. This platform addresses the inefficiencies of traditional paper-based agreements by enabling fast, tamper-proof digital signatures that comply with various eSignature laws globally.

twala.io1K+
Founded 2020Taguig, Philippines

Funding

No funding information available.

Team (15+)

No team information available.

Company Description

Problem

Traditional methods of document signing rely on paper-based agreements, leading to inefficiencies, delays, and increased costs. Ensuring the security and legal validity of these agreements can also be challenging.

Solution

Twala offers a secure electronic signature and digital identity solution leveraging blockchain technology and smart contracts to provide legally binding and tamper-proof document signing. The platform enables users to digitally transform their agreement workflows, reducing turnaround time and costs while ensuring compliance with eSignature laws. Twala's solution extends beyond basic e-signatures to offer a full intelligent document management system with secure forms, cloud storage, document verification, audit trails, and AI-powered document processing. Additionally, Twala provides a digital identity solution that allows individuals to prove their identity without revealing sensitive personal information, enhancing privacy and security.

Features

Legally binding e-signatures compliant with various eSignature laws (e.g., ESIGN, UETA, eIDAS) and the Philippines’ Electronic Commerce Act

Tamper-proof digital signatures powered by blockchain smart contracts and PKI technology

AI-powered ID verification process using government-issued IDs and selfies

Hashproof Technology to ensure document integrity

Passwordless authentication/login via QR code or push notification

SOC 1 Type II, SOC 2 Type I, and ISO 27001 certified data centers with AES 256-bit encryption for data storage

Digital identity solution with Zero Knowledge Proof technology for privacy-focused identity verification

Support for verifiable credentials such as employment records and academic credentials

Target Audience

Twala targets businesses across various industries, including human resources, finance, accounting, legal, education, real estate, and sales, as well as government institutions seeking to streamline document signing and identity verification processes.

Revenue Model

Twala bills based on the number of senders (users who send documents for e-signature) and offers different pricing tiers based on usage. Signers can create a free account and sign documents without a paid subscription.

Want to add first party data to your startup here or get your entry removed? You can edit it yourself by logging in with your company domain.