Written by Dr. Ernie Teo,

Co-Founder, Dedoco, Head of deLab

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Just as a caterpillar undergoes metamorphosis to transform into a butterfly, the last couple of years has been formative years for Dedoco. In 2021, we not only focused on developing our products but also strengthened our business model. 

At the start of 2022, we spun our cocoon and went into the pupa stage, preparing for our transformation. With a number of key senior hires, we were able to strengthen our company structure and organisation, and at the same time, improve our  diversity across all dimensions (notably our female-to-male ratio has improved from the previous 1:4 to 1:3 currently). 

Product enhancements were also planned and executed, leading to the release of a number of key products/features, including VideoSign, Admin Portal, Instant Sign, and integrations with various cloud drives (including the integration of our first Web3 technology partner Akord) and video conferencing tools such as Webex (which will be our first enterprise marketplace listing). 

The engineering team has been hard at work implementing these upgrades, resulting in more than 3700 commits in our code repository! The Dedoco platform has also been gaining traction from our efforts. There were more than 40,000 projects created in the Dedoco platform in 2022, 4 times more than in 2021! The industries we serve now span across finance, fintech, government, real estate, professional services, e-commerce, and more.

We are also launching dCert, a verifiable certificate issuance platform in 2023 with Global Fintech Institute, Blockchain Australia and the Australian Fintech Association as its first users.

Another key initiative was Dedoco’s rebranding and the refresh of our user experience. In October, we broke out of our cocoon with the launch of our new branding. This was followed by the new UX on our platform in November. This refresh didn't come easy, hours and hours of hard work were put in by our marketing and design team, working tirelessly with our branding agency Shift. With the rebrand, our product team took the opportunity to give the SaaS platform a new breath of life, re-invigorating the user experience. 

The end products are nothing short of amazing and we have received much positive user feedback. The new branding signifies a new outlook and our commitment to creating the next-gen business applications, leading to the launch of deLab, our innovation and research arm.

deLab’s role is to grow the network and ecosystem for Dedoco through research and development. We aim to release a sandbox for our Trust Engine APIs to our partners in early 2023. This will allow multi-faceted user led use cases to be built on top of our engine. The sandbox will be released concurrently on both Polygon and Hedera Hashgraph, giving our users choices over blockchain networks. Our APIs will work like traffic controllers, taking away the need to deal with each blockchain at the network level. At the same time, we will work with our partners to consult and co-solution for their specific business processes. We’re excited for more blockchain-based features and Web3 integrations from deLab in the year to come.

Dedoco has metamorphosed in 2022, ready to spread its wings and fly in 2023. Dedoco’s vision for 2023 and beyond is to create a Web3 business document process ecosystem that is easy to integrate, use, as well as flexible, adaptable and agnostic. We look forward to meeting new partners in every part of the world; delivering next-gen document process management solutions, exploring the innovative use of distributed ledgers in business processes and integrating with their technologies. 

Overall, we had an eventful 2022, I would like to take this opportunity to thank everyone who has made Dedoco what it is today. Employees, former employees, investors, partners and customers, we thank you for your support and effort! Hope you have a good festive season ahead and we will be engaging with you soon!

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