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Nexia TS & Dedoco Collaborate to Establish Blockchain-Based Electronic Signatures

Nexia TS and Dedoco have signed a Memorandum of Collaboration (MOC) to formalize a mutual framework for cooperation in the digital signature domain, which will see close partnership in the areas of information development, capabilities sharing and business development.

Under the MOC, Dedoco is the Digital Signing partner for Nexia TS group and will oversee the development of the NTSign. The NTSign will register a decentralised audit trail of the signing evidence with blockchain technology. Digital documents are not stored by an external platform in this process, ensuring that it only goes into the hands of the relevant parties. With this technology in place, it gives organisations the confidence of carrying out secure transactions in the digital world

The MOC was signed on 1 June 2020 by Mr. Henry Tan, Group CEO and Chief Innovation Officer, Nexia TS and Dr. Ernie Teo, Co-Founder, Dedoco.

“The COVID-19 pandemic has ushered in a new digital economy. Digitalization and data security are now every companies’ strategic priority. With NTSign, companies can expect faster turnaround, stronger and more enforceable contracts than the average paper-based transactions that can be easily forged.”

Mr. Henry Tan Group CEO and Chief Innovation Officer, Nexia TS

“Dedoco is excited to partner with Nexia TS to bring next generation business tools to their clients. Our aim is to streamline business processes and drive true digitisation, allowing organisations to transact efficiently and safely in the digital world.”

Dr. Ernie Teo, Co-Founder, Dedoco

About Nexia TS:

Founded in 1993, Nexia TS today is recognised as an established mid-tier local accounting firm. Headquartered in Singapore, the firm has strong presence in various countries across the region. Nexia TS Shanghai is a one-stop centre providing advisory services for foreign-invested enterprises in China. NTS Malaysia and NTS Myanmar provide a full suite of corporate advisory services for clientele with operations and new foreign investments in the respective countries. Being an independent member firm of Nexia International also means that we have more than 32,000 staff serving clients at 727 offices in 122 countries. It is ranked as the top 10 largest international accounting and consulting network. For more information, please visit www.nexiats.com.sg.


Nexia TS and Dedoco have signed a Memorandum of Collaboration (MOC) to formalize a mutual framework for cooperation in the digital signature domain. Read more.

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First Blockchain-Backed Virtual MOU Signing by BAS, BFSU, & NTUC, Powered by Dedoco

Disruptions arising from the emergence of the Covid 19 pandemic, have forced businesses to take some of their business processes digital. Measures like social distancing, working from home arrangements and lockdowns, causing even simple business processes like attaining a “wet ink” signature, overly complex and in some cases impossible.

Globally, many borders are closed, and air travel has yet to reopen to most leisure and business travellers. Just 6 months ago, a businessman could simply hop on a plane and fly to a different country to ink an agreement with another firm. However, the situation now is a stark contrast to the past, with most international borders still closed, in a bid to contain the pandemic and “flatten the curve”.

While digital signatures are not something new, the volume of organisations adopting this practice had been low. Organisations have traditionally stuck to using paper trails, contracts or invoices which require a “wet ink” signature and are couriered between parties. Now most organisations have begun to move towards digital and electronic signatures.

In the early days of the global spread of Covid-19, organisations worldwide had put out announcements over the cancellations, postponement or extensions of their Annual General Meetings (AGMs) to comply with various laws and regulations that arose due to Covid-19. As the societies and the workforce adjusted to being a part of the remote workforce. Organisations too have also come to terms that virtual AGMs are now a necessary reality. A simple search in Google shows news of organisations worldwide conducting their AGMs virtually via teleconferencing platforms.

Signing ceremonies are also now virtual. Blockchain Association Singapore (BAS) has signed a Memorandum of Understanding (MOU) with the Banking and Financial Services Union (BFSU) and the National Trades Union Congress (NTUC) to grow the blockchain professionals in Singapore and build a sustainable pipeline of talents to bolster the blockchain ecosystem.

BAS<>BFSU<>NTUC MOU Signing Ceremony, Powered by Dedoco

The digital signing ceremony was backed by Dedoco, a decentralized digital signing platform. The signing ceremony was  completed in real-time, with 6 signatories,  across 6 different locations via digital signing and blockchain registration. The transaction can be verified on Etherscan and viewed here. The MOU is hashed, thus only those who have the original document can see it while others who want to view the transaction can only see the hash.

“True to our credo, we inked the MOU virtually via Blockchain…compliments of Dedoco”

Patrick Tay, Member of Parliament and Assistant Secretary-General, NTUC.

It is a time for many businesses and organisations to take a huge step forward towards embracing digital tools as the world settles into a new digital era post pandemic. And we believe Dedoco will be well-positioned to be the leading digital signing and document solution for enterprises’ digital transformation.

About Dedoco

Dedoco is a decentralized, digital signing and document solution. Our solution is built with the aim of improving efficiency and compliance, whilst ensuring document security and enhanced privacy. Dedoco aims to help enterprises digitize documents and signing with an easy-to-use SaaS that can be adopted across all industries.

For more information, visit us at https://www.dedoco.com/ or follow us on LinkedIn at https://www.linkedin.com/company/dedoco .

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Inaugural Singapore Blockchain Living Lab

Organised by Meshbox, SmartMesh and SUSS issues blockchain enabled Certificate of Attendance to students, powered by Dedoco.

The inaugural Singapore Blockchain Living Lab advocates for sustainable blockchain innovations in real-world applications. SUSS and SmartMesh has jointly organised the SUSS-SmartMesh Workshops and Blockchain Challenge 2020 starting on 23rd June 2020. It is important for the public and the young to learn about blockchain and related technologies.

Participants will attend a series of workshops which includes an introduction to blockchain technology and the SmartMesh HyperMesh Architecture. Both theory and practice are emphasized, through workshop and lab respectively, to teach about blockchain, couched in the context of education. At the end of the workshops, participants will have to identify a problem, propose a solution, and design a smartphone application prototype, following the theme of a SUSS core philosophy, “Head, Heart, Habit”. Armed with their newly gained knowledge, we are expecting students to come up with a killer idea and incredible decentralized applications in this blockchain era.

“At SUSS, we hope to transform students and attendees into Technology Consultant, Digital Strategist, and Blockchain Project Manager over a series of courses. By attending this event, hopefully, they will begin to get a taste of what technology can and cannot do, how nascent technology fits into the transformation strategy of the SMEs, as well how to execute the digital plans. Token of participation on the blockchain is the first step.”

SUSS Professor David Lee.

Working Demo QR Card for the Blockchain Living Lab Participants

Dedoco is proud to be a technology partner in this event. Dedoco has developed a verification application for students to track their workshop progress with a progress tracker verified by blockchain. At the end of the workshop, students will receive a Certificate of Attendance that can be verified on the blockchain. As the spread of the Covid-19 pandemic has pushed learning institutions to adapt their teaching to go virtual, this is an opportunity to give students a real-life experience of new technologies such as blockchain.

The blockchain challenge, a joint initiative by SUSS and SmartMesh aims to solve a community problem using blockchain technology. SmartMesh promotes an ecosystem that aims to bridge the growing divide and to promote inclusivity. to address such inequities by enabling the HyperMesh Infrastructure.

“We are excited to collaborate with SmartMesh to apply our technology for the SUSS workshop, which is also used for Proofs of Employment and other Certifications. The Cert of attendance allows students to track their progress on the blockchain and is an easy to understand application to get started with.”

Dr Ernie Teo, Co-Founder of Dedoco.

“The SUSS-SmartMesh Blockchain Competition, and the accompanying eight days of Workshops are built on the SUNSHINE (Singapore UNiversities Sustainable HyperMesh INfrastructure Ecosystem) Blockchain Living Lab. Students and general attendees will experience the benefits that blockchain and token technologies can bring to the world, on a decentralized blockchain network, enabled by MeshBox hardware. After the intensive interactive lectures and hands-on activities in the Workshops, students can team up to tackle the Blockchain Challenge which immediately follows.  From the Workshops, students will be equipped to design innovative blockchain-based applications, in areas such as inclusive finance, inclusive connectivity, transactive IoT, and other decentralized open systems.”

Henry Wang, Founder and CEO of SmartMesh Foundation.

This is the first time that Tokens will be used and circulated specifically for educational and inclusive applications in Singapore universities.  These include the SmartMesh Token (SMT) and MeshBox Foundation’s MESH token.

“MeshBox Foundation is proud to partner with SmartMesh and Decodo, providing a mesh-interconnected edge-computing and edge-storage appliance, called MeshBox.  As part of the SUSS-SmartMesh SUNSHINE Blockchain Living Labs, MeshBox Foundation is deploying ten MeshBoxes on the SUSS campus, to serve as the underlying hardware platform, on which to build the HyperMesh Infrastructure. MeshBox Foundation works closely with SmartMesh, and ecosystem partners to bridge the Divide between the developed and developing countries.  Realizing the inequities of four Billion people without internet access, two Billion unbanked, and one Billion without access to electricity, the ecosystem is building the next-generation HyperMesh Infrastructure, targeted at providing inclusive connectivity, inclusive payment systems, and inclusive energy to the world.”

Peter Yan, CEO of MeshBox

With enterprises, institutions, workers, students and families going digital, Singapore is speeding up its embrace of digitalisation. As home-based learning becomes more commonplace, it is vital for solutions like Dedoco to reduce the digitalization process and help make adoption smoother. Singapore’s Smart Nation initiative has pushed institutions to redesign courses meant for physical classroom into ones suitable for the virtual classroom, exploring ways to effectively manage students and maximising ways to increase student engagements. Opencerts, an open-sourced platform by GovTech, issues and validates tamper-resistant digital academic certificates. When done right, a home-based learning system can be beneficial to all parties involved, in terms of cost-saving benefits, reduced time in verification processes and increased transparency.

About Dedoco

Dedoco is a decentralized, digital signing and document solution. Our solution is built with the aim of improving efficiency and compliance, whilst ensuring document security and enhanced privacy. Dedoco aims to help enterprises digitize documents and signing with an easy-to-use SaaS that can be adopted across all industries.

For more information, visit us at https://www.dedoco.com/ or follow us on LinkedIn at https://www.linkedin.com/company/dedoco.

About SmartMesh Foundation

SmartMesh® Foundation has optimized the integration of an edge-computing node, Wifi mesh router, and blockchain technology as a platform onto which ecosystem partners are building disruptive new applications such as Blockchain-based Social Banking, Transactive Renewable Energy and IoT, and decentralized fog computing and storage.  SmartMesh has deployed the Spectrum public Blockchain, which currently runs on hundreds of generic Miner and special Beacon computer nodes on the Internet, but is also optimized to run on a decentralized Mesh network, implemented with MeshBoxes, to realize the blockchain of the Internet of Everything (IoE).  Users run the SmartMesh Tango Distributed Application on their smart-devices to access MeshBox-based Internet connectivity, and banking features.  These include secured transfers over Spectrum, and Peer-to-Peer (P2P) payments through Photon, even with intermittent internet connectivity, through the use of MeshBoxes.  Such P2P Photon payments are executed with lower latency and higher Transactions per Second (TPS) metrics than possible on conventional Distributed Ledger Technologies (DLT).  To build a broad ecosystem, SmartMesh has developed the Atmosphere Cross-Chain Interoperability Architecture platform.

About MeshBox Foundation

MeshBox® Foundation has developed indoor and outdoor Mesh appliances, with Wifi Mesh networking, content delivery, data storage, and integrated support for Spectrum and Photon.  MeshBoxes interface to wide area broadband networks such as Satellites (via Space-Ground Integration Network (SGIN)), and wide area low-power IoT networks such as LoRaWAN.  MeshBoxes integrate Disk drives to store IoT big-data, content, user data, and blockchain data-structures. Ecosystem partners are working with MeshBox to bridge the Internet to IoT Access Points, IoT sensors, actuators, cameras, and AI-based biometric devices.

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