Dedoco brings blockchain reality to Australia and New Zealand region

Daphne Ng, Chief Executive Officer of Dedoco

Dedoco celebrated its 2nd anniversary on 15th March 2022. Since its inception, the firm has evolved to go from a little-known start-up to a challenger working with over 150 companies across government, banks, FIs, professional services, real estate and tech platforms.

Co-founded by CEO Daphne Ng and CTO Dr Ernie Teo, Dedoco is a blockchain-based digital document management solution that offers security, trust, and transparency to its users.

Dedoco’s move into ANZ obvious next step

Expansion into the ANZ markets evolved as the next step, with Dedoco already working on a proof of concept for FinTech Australia, the peak advocacy group for FinTech in Australia.

Founders Daphne Ng and Teo launched Dedoco during the early stages of the pandemic in response to the growing need for increased security and trust in document collaboration.

As the coronavirus swept across the globe and work-from-home orders were implemented, signing documents (e.g., contracts) became more complex than it had traditionally been.

Despite the presence of existing solutions prior to Dedoco’s inception, they did not address common challenges like the risk of fraud, unauthorised signatures, and/or non-compliance.

This is something Ng and Teo were cognizant of in developing the blockchain-based solution.

“Dedoco was established to directly address a gap in the market and our success to date is evidence of that,” said Daphne Ng, Chief Executive Officer at Dedoco.

“Our adoption has been incredible in a short time, but to achieve this during a pandemic is almost unheard of. It’s a testament to the people driving the brand forward every single day.”

Dedoco sets ambitious targets following anniversary

As Dedoco now ticks off another milestone in launching in the ANZ region, it has set itself the ambitious target of quadrupling its headcount in Australia and New Zealand by 2024.

Raj Anand, Director & Country Manager of Dedoco made the following remarks.

“Improving business processes, transparency and security is critical in today’s digital landscape, so it’s great to play a part in cementing blockchain’s place in the Australian market. I’m excited to be part of this growth stage as we expand on Australian shores.”

Dedoco will release its first Limited Edition NFTs to commemorate the milestone celebration.