‘High-trust’ sectors handling sensitive and confidential information tend to be more hesitant towards technological enhancements out of fear of data breaches and difficulty in finding tools that meet their compliance regulations. At the same time, the legal industry is confronted with cases involving technological developments like NFTs and the metaverse. How do they go about navigating the current Web3 landscape?
Enter TechLaw.Fest, the world’s leading conference that connects the international law and technology community to debate, deliberate, act and innovate in both the law of technology (policies, regulations, legislation, case law and governance) and the technology of law (infrastructure, business transformation and people development). Dedoco had the opportunity to be a supporting partner of the festival’s 5th edition in 2022, where hot topics like Web 3.0, the metaverse and data authenticity, etc and its impact on the legal industry were discussed.
Through this hybrid festival, the Dedoco team shared insights into digital signatures on the blockchain, the Web3 landscape and the Dedoco difference. (You can see the full videos in our Youtube Channel.)
Fireside Chat: How is Web3 Looking to Evolve the Legal Technology Landscape
Presented by Jason Williamson, Director of Growth and Partnership and Michael Vassilieff, Head of Sales ANZ
Synopsis: With the next iteration of the internet making waves across the profession, we take a look at how legal tech is leveraging the potential of Web3 and question where it is likely to head next?
Tech Talk: Digital Signatures on Blockchain
Presented by CTO and Co-Founder, Dr. Ernie Teo
Synopsis: Other than being the underlying technology behind cryptocurrencies, blockchain can have many other applications including its use in managing business processes. We look at how blockchain can be used to manage digital signing processes, creating a stronger and more neutral evidence trail.
Leaders Dialogue: HELLO WEB 3.0... MEET LAW 3.0: Understanding the Legal Challenges Posed by the Metaverse and Decentralisation and Suggestions for New Legal Approaches
Dedoco CEO, Daphne Ng was a panelist at this leaders dialogue.
Synopsis: We are used to living in a centralised world, with the heralded benefits of hierarchical relationships and formal authority and trusted proxies. Consequently, our legal frameworks have been developed to reflect and reinforce a centralised world.
With the rise of the use of the metaverse, Web3 and blockchain technology, promising benefits of decentralisation, trustless systems, peer networks, and consensus as an alternative way of organising how we transact with each other, how will our legal frameworks respond and evolve? In the Leaders Dialogue session, the panel discussed whether the metaverse presents a new world order with new promises and opportunities; and what legal challenges it poses.
The session was moderated by Mr Benjamin Gaw, Director, Drew & Napier LLC, the panel which comprised of Ms Daphne Ng, Co-founder & CEO, Dedoco, Mr Jeffrey Castellano, Global Design Executive Director, IBM, Mr Chia Hock Lai, Co-Chairman, Blockchain Association of Singapore and Dr Eliza Mik, Chinese University of Hong Kong engaged the audience in fervent discussions of the current and future challenges.
Beyond our speaking engagements, Dedoco was highlighted as a finalist for the 2022 ALITA Awards in the Outstanding Legaltech Entrant Award which was presented at the festival. With submissions from 15 jurisdictions across the APAC region, it was an honour to be recognized as a mover and shaker of the legal innovation and legal tech industry. This greatly encourages us as we strive to revolutionise the way organisations manage document workflows by circumventing cumbersome challenges within existing document process management practices.
TechLaw.Fest is the world’s leading conference that connects the international law and technology community to debate, deliberate, act and innovate in both the law of technology (policies, regulations, legislation, case law and governance) and the technology of law (infrastructure, business transformation and people development).
About the ALITA Awards
ASIA-PACIFIC’S FIRST COMMUNITY-BASED LEGAL INNOVATION AND TECHNOLOGY AWARDS
The ALITA Awards is the Asia-Pacific’s first community-based legal innovation and technology awards and seeks to give a voice and recognition to contributors of the legal tech and legal innovation ecosystem across the region. In 2022, the 5 Award Categories were
- Outstanding Legaltech Entrant Award [Organisation-based],
- Outstanding Legal Innovator Award - Law Firm [Organisation-based]
- Outstanding Legal Innovator Award - Industry [Organisation-based]
- Legal Innovation / Legal Tech (LI/LT) For Good Award [Project-based]
- Outstanding Legal Innovator Award - Individual [Individual-based]