NextID
NextID is a Singapore-based SaaS company that operates NextCert, a blockchain-anchored platform for issuing and verifying W3C-compliant tamper-proof digital certificates. It serves academic institutions, corporate HR departments, governments, healthcare providers, and Web3 use cases globally through direct sales and resellers.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What NextID does
NextID Pte Ltd is a Singapore-based blockchain technology company, founded in 2018-2019 by a team of 10 technologists and led by CEO William Claxton, that built and operates NextCert, a multi-tenant SaaS platform for issuing and verifying tamper-proof digital certificates. The platform is compliant with W3C Verifiable Credentials and Singapore's OpenAttestation framework, and supports certificate issuance and verification on Ethereum, Tezos, and Zilliqa blockchains. The technical architecture includes a Merkle Tree Document Store where only digital fingerprints are anchored on-chain, an HTML/CSS-based layout system that allows non-engineers to design certificate templates, and a multi-tenancy model where Issuers can create multiple Producers across departments or partner organizations.
NextID generates revenue through annual subscriptions scaled to certificate volume, per-certificate fees (approximately US$10 per certificate), a freemium first-certificate trial, and a 20% reseller commission model that also lets resellers retain 100% of value-added professional services fees. Distribution combines direct self-service SaaS, an international reseller network spanning Indonesia, India, Philippines, Malaysia, and Vietnam, and an API for enterprise integration. Larger customers producing over 10,000 certificates per year can receive a dedicated instance.
The company's customer base spans academic institutions, corporate HR and training departments, healthcare providers (via authorized HealthCerts for COVID-19 certification), product certification labs, art and collectibles markets, and emerging Web3 use cases including metaverse course credentials, custodial receipts, and asset tokenization. Named customers and partners include the Singapore Government (Safe Travel initiative), the Accounting and Regulatory Authority (ACRA), Singex, ICEFF GmbH, Institute Gineste-Marescotti Singapore, GovTech Singapore, KILT Protocol, and Zilliqa.
NextID firmographics
Firmographics- Name
- NextID
- Legal name
- NextID Pte Ltd
- Website
- https://nextid.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- NextID is a Singapore-based SaaS company that operates NextCert, a blockchain-anchored platform for issuing and verifying W3C-compliant tamper-proof digital certificates. It serves academic institutions, corporate HR departments, governments, healthcare providers, and Web3 use cases globally through direct sales and resellers.
- Ownership category
- akta.pro rank
NextID industry classification
Industry- Product category
- Digital Certificate Management and Verifiable Credentials
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Finance Services (6199)
- akta.pro primary industry
- Verifiable Credentials & Attestations (VC issuance/verification, credential registries) (FSAPACAH)
- akta.pro secondary industries
- Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse) (FSAGAMAE), RWA Oracles, Data Attestation & Proof-of-Reserve/Proof-of-Collateral (FSADAEAM), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Proof of Reserves, Attestations & On-Chain Audit/Assurance (FSADALAK)
Keywords
Where NextID is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
NextID business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Subscription Services: Annual subscription model for professional certificate issuance with packages based on number of certificates used per year. Larger customers (producing over 10k certs per year) can have their own dedicated instance.
- Per-Certificate Fees: Pay-per-certificate pricing model. Approximately US$10 per certificate at current gas rates for individual certificate creation (authenticity certificates).
- Free First Certificate: Free first certificate trial to demonstrate the technology works and is easy to use. Users can create their first verifiable digital certificate at no cost.
- Reseller Revenue Share: International resellers earn 20% commission on sales plus 100% of their value-added professional fees for services like designing certificate layouts, formatting customer data, or implementing APIs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Per-certificate pricing at approximately US$10 per certificate |
| Subscription | Annual | Annual subscription based on certificate volume |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
NextID product offering
Product offeringCore offering
NextID operates NextCert, a SaaS cloud service for issuing and verifying tamper-proof digital certificates anchored on blockchain technology. The platform supports Ethereum, Tezos, and Zilliqa blockchains, complies with W3C Verifiable Credentials and Singapore's OpenAttestation framework, and serves use cases including academic credentials, corporate HR training certificates, healthcare certificates (HealthCerts), artwork authenticity, product certification, custodial receipts, and asset tokenization. Supplementary offerings include the NextCert Wallet browser extension for decentralized identity (KILT-based DIDs) and Social KYC verification.
Product overview
NextID operates as a unified platform-plus-modules architecture centered on NextCert, a multi-function SaaS service for issuing and verifying tamper-proof digital certificates using blockchain technology. The core NextCert Issuer platform handles certificate issuance across multiple blockchains (Ethereum, Tezos, Zilliqa) with W3C Verifiable Credentials compliance. Key product modules include HealthCerts (authorized COVID-19 health certificates), Artwork Authenticity Certificates, Social KYC with NextCert Wallet (KILT blockchain-based credentials wallet), Corporate HR & Training Certificates, Academic Credentials, Product Certification, Custodial Receipts, and Asset Tokenisation services. Additional offerings include Tradeable NFT Coupons, Metaverse Courses Credentials, Document Management, Diamond Authenticity, Carbon Credits, and Fractional Real Estate tokenization. The platform supports custom HTML/CSS layouts for certificate design, offers an API for developer integration, and operates a global reseller program. NextID also provides complimentary offerings like COVID Heroes Certificates and Specimen HealthCerts.
Differentiator
Problem solved
Functional benefit
Brands
- NextCert: Digital certificate issuance and verification platform that supports multiple blockchains (Ethereum, Tezos, Zilliqa), compliant with W3C Verifiable Credentials and Singapore's Open Attestation framework. NextCert allows users to issue tamper-proof digital certificates, supports HTML/CSS layouts for attractive certificate designs, and offers batch issuance with email notifications.
- NextCert Wallet
Products and services
- NextCert Issuer A multi-function SaaS platform for issuing and verifying tamper-proof digital certificates. Supports multiple blockchains (Ethereum, Tezos, Zilliqa), allows customers to upload HTML/CSS certificate layouts, handles gas fees so customers don't need cryptocurrency knowledge, and provides 99.9% uptime with 24x7 availability. Available as a self-service platform or as dedicated instances for high-volume enterprise customers.
- NextCert Wallet A browser extension credentials wallet for storing multiple certificates and token rewards. Provides gateway to KILT blockchain identity protocol and Web3 services, contains W3C compliant Decentralised Identifiers (DID) and stores W3C compliant Verifiable Credentials. Enables Social KYC for decentralized identity verification using social media accounts.
- NextCert Verify A certificate verification service (v0.8) that allows relying parties to verify the authenticity and currency of digital certificates by browsing certificate files. Free for relying parties to use for instant verification of credentials.
- HealthCerts Authorized vendor for HealthCerts digital certificates with QR codes proving COVID-19 health status. Implements FHIR medical data format and W3C Verifiable Credentials, interoperable with CommonPass and IATA Travel Pass for international travel verification.
- Reseller Program Global reseller opportunity for IT resellers offering 20% commission on sales plus 100% of value-added professional fees. Provides access to the NextCert certificate issuance platform, pre-sales and post-sales support, and marketing materials. Active resellers in Indonesia, India, Philippines, Malaysia, and Vietnam.
- Academic Credentials Digital Certificates Digital degree certificates compliant with the OpenCerts/OpenAttestation framework. Enables graduates to share credentials with institutions or employers for instant verification, with free verification for relying parties. Targets universities, academies, and schools requiring tamper-proof academic credentials.
- Corporate HR & Training Certificates Digital certificates for employee recognition, training certification, and competency tracking. Enables social sharing on LinkedIn and integration with competency databases. Replaces paper certificates and acrylic plaques with verifiable digital credentials.
- Artwork Authenticity Certificate Verifiable digital certificate for certifying authenticity of digital artworks. Captures high-resolution images, digitised artist signatures, and metadata. Creates unique image hash stored in certificate for tamper detection and provenance documentation.
- Asset Tokenisation (NFT Certificates) Converts certificates into NFTs for transferable assets such as wine, whiskey, collectibles, real estate (fractional property titles), and carbon credits. Includes Tradeable NFT Coupons for goods or services with royalties to coupon issuers and simplified redemption via token burning. Certificates can be attested by sellers and independent reviewers.
- Product Certification Verifiable digital test reports and certificates of product compliance. Tamper-proof certificates provide detailed information about product and supplier, combating product certificate fraud and Photoshop/PDF tampering in lab test reports.
- Custodial Receipts Verifiable certificates representing assets held in custody such as gold, diamonds, or cryptocurrencies. Tamper-proof receipts can be used to pledge collateral for portfolio line of credit loans.
- Document Management Certification Certification enabling relying parties to verify authenticity and currency of archived documents such as engineering designs, accounting records, and legal contracts. Similar to ACRA's TrustBar service for verifying authenticity of regulatory documents.
- Metaverse Courses Credentials Verifiable digital certificates for metaverse course participation and achievement. Integrates with Social KYC to assure certificates are delivered to verified individuals meeting prerequisites for advanced metaverse learning experiences.
Quantifiable outcome
- Eliminates coupon fraud and simplifies redemption
- +3 more outcomes
Companies that use NextID
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles5 records
NextID technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability3 records
Feature6 records
NextID partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Singapore Government (Safe Travel)coreNextID is an authorized vendor for HealthCerts as part of the Safe Travel initiative involving Singapore government agencies and industry partners. HealthCerts provide digital certificates for COVID-19 health status verification.
- GovTech SingaporecoreNextCert was originally based on OpenCerts technology developed by GovTech Singapore. The OpenCerts technology was later rebranded as OpenAttestation framework. NextCert was the first web-based end-user service for OpenCerts.
- Zilliqa Research Pte LtdminorCo-supported HealthCert development and deployment with specimen HealthCert service.
- JFC SPACEminorInternational reseller in Indonesia located at Jl. Cireundeu Raya 10A, Ciputat Timur, Tangerang Selatan 15419. Contact: Jopie Mambu.
- USN Edutech Private LimitedminorInternational reseller in India located at 4th Floor, Sri Sri House, R.B. Colony, Dilsukhnagar Colony, Hyderabad - 500060, Telangana. Voice/Text/WhatsApp: +91-90-3001-8800.
- Above The Clouds Philippines Inc.minorInternational reseller in Philippines located at 12 G. Sanciangco St. Sto. Nino, Quezon City 1113. Contact: [email protected].
- People Prowess Sdn BhdminorInternational reseller in Malaysia located at Kenwingston Square Garden #0607, Persiaran Bestari, 63000 Cyberjaya, Selangor. T: +603-8322-5622.
- CI Moneta Investments Co LtdminorInternational reseller in Vietnam located at 3Q8X+G78, Khu Ngoai Giao Doan, Tu Liem, Hanoi.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
NextID competitors and assessment
Company assessmentDirect peers
- Dock Labs: Blockchain-based verifiable credential platform with reusable digital ID. Comparable to NextID's NextCert Wallet and Social KYC in building user-owned credential wallets and DID-based identity flows for education and HR.
- Indicio: Open-source decentralised identity and verifiable credentials platform serving government and enterprise. Comparable to NextID in its focus on W3C VCs, government-grade deployments, and DID infrastructure alongside credential issuance.
- MATTR: Verifiable credentials and digital trust platform with strong standards alignment (W3C VCs, SD-JWT). Competes with NextID in offering reusable, interoperable credential infrastructure for governments, education and enterprises.
- Trinsic: API-first verifiable credentials and digital identity platform with a self-serve and developer-led GTM. Overlaps with NextID's NextCert Issuer and API-first distribution model, targeting similar developer and enterprise identity use cases.
- Hyland Credentials (formerly Learning Machine): Direct peer offering blockchain-anchored digital credential issuance (Blockcerts lineage) for academic and professional certificates. Closely comparable to NextID's NextCert in product category, W3C VC and standards-based approach, and target customers in education and training.
Emerging players
- cheqd (Danube Tech): Verifiable credentials network with a focus on payment-rail enabled trust infrastructure. Comparable to NextID's multi-blockchain architecture and NextCert Wallet integration, but with a stronger focus on credential monetisation and trust registries.
- Procivis: Swiss e-government and verifiable credentials platform. Overlaps with NextID's government document verification and ACRA-style use cases, with comparable compliance, e-ID and trust service positioning.
- Serto (formerly Verity One): Decentralised identity and verifiable credentials platform focused on enterprise integrations. Comparable to NextID's API-first, enterprise integration model and W3C VC compliance for issuing and verifying claims.
Others
- Blockcerts (open source): Open-source blockchain certificate standard from MIT/Media Lab and Learning Machine. Functionally overlaps with NextID's NextCert for academic and professional credentials, and shapes the broader standards-based issuance market NextID serves.
- Digital Bazaar: Provider of verifiable credentials and digital wallet infrastructure that underpins much of the W3C VC ecosystem. Comparable to NextID in standards-based VC issuance, though positioned as infrastructure and tooling rather than a turnkey SaaS.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
NextID social profiles
Digital presenceNextID compliance and trust
Trust signalCompliance5 records
NextID financial estimates
Financial estimateRevenue estimate
Valuation estimate
NextID leadership team
Management profileNumber of profiles
Profiles1 record
NextID funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NextID M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NextID
What does NextID do?
NextID operates NextCert, a SaaS cloud service for issuing and verifying tamper-proof digital certificates anchored on blockchain technology. The platform supports Ethereum, Tezos, and Zilliqa blockchains, complies with W3C Verifiable Credentials and Singapore's OpenAttestation framework, and serves use cases including academic credentials, corporate HR training certificates, healthcare certificates (HealthCerts), artwork authenticity, product certification, custodial receipts, and asset tokenization. Supplementary offerings include the NextCert Wallet browser extension for decentralized identity (KILT-based DIDs) and Social KYC verification.
Is NextID a public or private company?
NextID is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was NextID founded?
NextID was founded in 2019. It employs 11 to 50 people.
Where is NextID based?
NextID is headquartered in Singapore, Singapore, in the Asia region.
How does NextID make money?
Four revenue lines are on record. Subscription Services are the primary driver. The others are per-Certificate Fees, free First Certificate and reseller Revenue Share.
Who are NextID's main competitors?
Direct peers on record are Dock Labs, Indicio, MATTR, Trinsic and Hyland Credentials (formerly Learning Machine). Emerging players are cheqd (Danube Tech), Procivis and Serto (formerly Verity One). Others are Blockcerts (open source) and Digital Bazaar.
Does NextID have an API?
Yes. NextID offers a certificate issuance API. Developers can access API documentation via Google Drive and can write to request an API key. The API supports certificate issuance and verification, with capabilities to create plugins for additional blockchain support and verification of certificates not issued by NextCert. Developer documentation is at drive.google.com/file/d/1rzNuZhN1-PQvsjRND1X7LRLl1GhBAYHO/view.
What industry is NextID in?
NextID's product category is Digital Certificate Management and Verifiable Credentials. Its primary akta.pro industry code is FSAPACAH, Verifiable Credentials & Attestations (VC issuance/verification, credential registries), with a secondary code of FSAGAMAE, Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse). Its NAICS code is 518 and its SIC code is 7370.