ABOUTNDID | BLOCKCHAIN
National Digital ID Company Limited was created by the Ministry of Finance and the Ministry of Digital Economy and Society to emphasize the importance of applying digital technology to public services and the business sector to gain efficiency by developing a system to verify identity and provide Open Data in the digital world.
By creating a Trusted Ecosystem under which data is linked from all sectors, various operations, for example, companies opening for business are supported by digital identities.
Our Solution
At Stream, we offer an NDID Platform that adheres to NDID standards, ensuring verified digital identities. We prioritize privacy policies and seamlessly integrate with banks’ internal systems. Additionally, our services extend to supporting the Bank of Thailand’s Open Data initiative, providing verified information like dStatement. For instance, our platform facilitates account openings at new banks using NDID records and dStatement, streamlining loan applications from customers’ current banks.
NDID IDP
NDID serves as users’ digital identity, enabling diverse online transactions such as opening online savings accounts and applying for loans—eliminating the need to visit a bank branch physically. Our NDID Platform’s digital identity verification service operates under the supervision of the Electronic Transactions Development Agency (ETDA).
Thai ID and NDID Integration
The integration of digital identity verification with DOPA Digital ID – ThaID Application via the NDID Platform offers seamless services and convenience to NDID RP members. This integration supports digital identity verification for business processes, ensuring compliance and efficiency. Connecting to the ThaID application via NDID in a Software as a Service (SaaS) format simplifies processes with Timestamp Log on Blockchain.
Key features include:
- Digital identity verification through ThaID.
- Obtaining customer information as per ThaID specifications.
- Coordinated application submissions and system testing with NDID and ThaID.
- Licensing as a ThaID service provider by the Department of Provincial Administration for RP.
Biz DID Platform: Elevating Corporate Transactions
Our Biz DID Platform supports identity verification and electronic transactions for legal entities, reducing operating costs and enhancing safety. By creating and registering a Corporate Digital ID, entities can conduct online transactions securely and efficiently. Key features include confirming transaction authorities, utilizing reliable e-signatures, and managing e-documents for official and secure online transactions.
