National Digital Id
- Company typePrivate
- Founded2018
- HeadquartersBangkok, Thailand
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
National Digital Id firmographics
Firmographics- Name
- National Digital Id
- Legal name
- บริษัท เนชั่นแนลดิจิทัลไอดี จำกัด (National Digital ID Co., Ltd.)
- Website
- https://ndid.co.th
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
National Digital Id industry classification
Industry- Product category
- Digital Identity Verification
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ)
- akta.pro secondary industry
- Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents) (FSAPACAG)
Keywords
Where National Digital Id is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Offices1 record
Markets served
National Digital Id business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Licensing / Subscription: Member institutions (banks, insurers, securities firms, government agencies) pay licensing fees to access and connect to the NDID digital identity exchange platform. Revenue is derived from membership and platform access fees charged to regulated entities operating within the NDID ecosystem.
- Transaction Fees: Per-transaction fees are generated from eKYC, eConsent, and eSignature verifications conducted across the platform. With over 2 million transactions processed monthly, transaction volume drives incremental revenue.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
National Digital Id product offering
Product offeringCore offering
NDID operates a decentralized digital identity exchange platform licensed by Thailand's ETDA, enabling consent-driven identity verification, eKYC, eConsent, eSignature, and corporate digital identity services across a federated network of 180+ member institutions including banks, securities firms, insurers, telecom providers, and government agencies. The platform processes approximately 2 million transactions monthly, supporting 60+ million digital identities through blockchain-based distributed PKI architecture.
Product overview
NDID operates as a consent-driven, federated digital identity network offering multiple interconnected platforms and services. The core DID Platform serves as the foundational infrastructure, supported by eKYC, eConsent, and eSignature services for identity verification and document signing. The ecosystem includes VC Platform for verifiable credentials, AS Connext Platform for authoritative data source connectivity, and Biz DID Platform for corporate identity. All platforms interconnect through standardized APIs, enabling seamless data exchange across banking, securities, insurance, and government sectors under user consent.
Differentiator
Problem solved
Functional benefit
Products and services
- DID Platform (Decentralized Identity Platform) Core digital identity exchange platform enabling consent-based identity verification and data sharing between public and private sector institutions. First in Thailand to receive Digital Identity Exchange Service License from ETDA and ISO 27001:2022 certification.
- eKYC (Electronic Know Your Customer) Electronic Know Your Customer service providing secure digital identity verification through standardized DID Platform processes including ID card verification with DOPA, facial comparison, and liveness detection. Enables reliable customer identity authentication with adjustable assurance levels based on risk.
- eConsent Digital consent management service enabling customers to authorize data disclosure to service providers. Allows continuous consent for seamless transactions after initial identity verification and enables cross-bank data sharing for credit information and other services.
- eSignature Electronic signature service relying on Public Key Infrastructure (PKI) based on international standards. Enables signatory identity authentication and document modification detection.
- VC Platform (Verifiable Credentials Platform) Verifiable Credential platform enabling data owners to store and control their credentials in a Digital Data Wallet. Credentials can be shared with Verifiers without routing through the platform operator. Supports RP/Verifier, AS/Issuer, and IdP/Wallet Provider roles for user-controlled credential management.
- AS Connext Platform API-based platform connecting to authoritative data sources (DOPA, DBD, AMLO) for real-time data retrieval. Provides 100% online data exchange with end-to-end encryption via cloud computing with no paper documents required.
- Biz DID Platform Corporate digital identity infrastructure enabling legal entities to conduct online transactions including bank account opening, legal contracts, e-signatures, digital power of attorney, and electronic document management with real-time authoritative data connectivity.
Quantifiable outcome
- 60% faster loan approval processing for home loans (Kasikorn Leasing case study)
- +4 more outcomes
Companies that use National Digital Id
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
National Digital Id technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature8 records
National Digital Id partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Office of the Judiciary of ThailandcoreNDID participated in a workshop on digital identity verification and digital signatures for the Office of the Judiciary. District court judges from Bangkok and surrounding areas attended, using case studies including digital signatures for online mediation and online evidence submission.
- Chulalongkorn University Faculty of LawcoreNDID participated in a national academic conference on Digital Trust & Legal Certainty hosted by Chulalongkorn University's Faculty of Law. CEO Boonsun Prasitsumrit joined a panel on technology and trust in digital transactions.
- NCSC (National Cybersecurity Committee, Thailand)coreNDID met with the National Cybersecurity Committee (สกมช.) to discuss cybersecurity collaboration and elevate national Digital ID standards. Led by CEO Boonsun Prasitsumrit, discussions focused on strengthening Thailand's digital identity infrastructure security posture.
- Court of Justice of Thailand / Chulalongkorn University / 11 Thai BankscoreMOU signed between the Court of Justice, Chulalongkorn University, NDID, and 11 leading Thai banks to enable digital identity verification through mobile banking for public access to Court of Justice applications. This expands NDID's government service use cases to the judicial sector.
- Token X Co., Ltd. (SCBX Group)coreToken X, an ICO portal operator under SCBX Group, partnered with NDID to provide e-KYC services for opening ICO portal accounts. This enables investors to access digital token investments on primary markets through NDID's digital identity verification, starting October 10, 2024.
- ETDA / Ministry of Digital Economy and Society (MDES)coreNDID participated in DGT2024 (Digital Governance Thailand 2024) exhibition organized by ETDA and MDES alongside government and private sector partners to promote Thailand's digital government ecosystem.
- GLEIF (Global Legal Entity Identifier Foundation)coreNDID welcomed GLEIF CEO Stephan Wolf to discuss collaboration on legal entity services. Discussions focused on enabling corporate/legal entity identity verification through NDID's Biz DID Platform in alignment with global LEI standards.
- ABtC (Automotive and Battery Traceability Center Association)minorNDID welcomed ABtC executives to discuss and exchange views on data sharing development approaches. CEO Boonsun Prasitsumrit and team hosted the delegation at NDID office.
- Cambodian General Department of Digital EconomyminorNDID received a delegation from Cambodia's Ministry of Finance led by Mr. Kong Marie, Assistant Minister and Secretary-General of Cambodia's Digital Economy and Business Committee. Discussions centered on potential digital ID collaboration between the two nations.
Scale indicators6 records
Recent moves10 records
Expansion highlights7 records
National Digital Id competitors and assessment
Company assessmentRegional players
- Singpass: Singapore's national digital identity system operated by GovTech, enabling citizens and businesses to access government and private sector services. Comparable to NDID as a government-backed federated digital identity infrastructure, but Singapore-only.
Broad incumbents
- Okta: Major identity and access management platform serving enterprises globally with authentication, verification, and identity governance. While broader than NDID, it competes in regulated customer onboarding and identity verification for financial services.
- Auth0: Identity platform for application builders offering authentication, authorization, and identity verification APIs. Represents a broad incumbent alternative in digital identity infrastructure, particularly for digital onboarding and KYC use cases adjacent to NDID's API offerings.
- Microsoft Entra Verified ID: Microsoft's decentralized identity platform built on open standards for verifiable credentials. Represents the broad incumbent alternative to NDID in the DID and verifiable credentials space, with substantially larger R&D resources.
Direct peers
- Onfido: Global digital identity verification platform providing AI-powered eKYC and document verification for financial institutions and regulated businesses. Competes with NDID's eKYC service in the regulated digital onboarding segment.
- Jumio: Digital identity verification and eKYC platform serving banks, fintechs, and digital asset businesses globally. Overlaps directly with NDID's eKYC, identity verification, and digital asset customer onboarding use cases (e.g., Bitkub, Token X).
- Trulioo: Global identity verification platform providing business and person verification across 195+ countries. Competes with NDID in cross-border KYC and AML data connectivity for regulated digital asset and financial services customers.
- ID.me: US-based digital identity network enabling identity verification and group affiliation checks across federal agencies, financial institutions, and enterprises. Comparable to NDID in operating a federated identity network serving regulated entities with consortium-style member onboarding.
- iProov: Biometric identity verification specialist offering liveness detection and facial comparison for eKYC. NDID's eKYC service uses similar computer vision capabilities for facial comparison and liveness detection, making iProov a direct technology and product peer.
- Persona: Identity verification platform offering configurable KYC, AML, and identity orchestration for enterprises. Comparable to NDID's identity verification infrastructure for regulated businesses and digital asset platforms.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
National Digital Id social profiles
Digital presenceNational Digital Id compliance and trust
Trust signalCompliance5 records
National Digital Id financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Digital Id leadership team
Management profileNumber of profiles
Profiles2 records
National Digital Id funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Digital Id 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 National Digital Id
What does National Digital Id do?
NDID operates a decentralized digital identity exchange platform licensed by Thailand's ETDA, enabling consent-driven identity verification, eKYC, eConsent, eSignature, and corporate digital identity services across a federated network of 180+ member institutions including banks, securities firms, insurers, telecom providers, and government agencies. The platform processes approximately 2 million transactions monthly, supporting 60+ million digital identities through blockchain-based distributed PKI architecture.
Is National Digital Id a public or private company?
National Digital Id is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was National Digital Id founded?
National Digital Id was founded in 2018. It employs 11 to 50 people.
Where is National Digital Id based?
National Digital Id is headquartered in Bangkok, Thailand, in the Asia region.
How does National Digital Id make money?
Two revenue lines are on record. Platform Licensing / Subscription is the primary driver. The others are transaction Fees.
Who are National Digital Id's main competitors?
Singpass is listed as a regional player. Broad incumbents are Okta, Auth0 and Microsoft Entra Verified ID. Direct peers are Onfido, Jumio, Trulioo, ID.me, iProov and Persona.
Does National Digital Id have an API?
Yes. NDID platform provides Standard API connections for government and private sector data exchange. The AS Connext Platform enables organizations to connect data through NDID using end-to-end encryption and Cloud Computing technology. API connections include government agencies (DOPA, Department of Business Development, AMLO) and private sector entities through standardized APIs. Developer documentation is at ndid.co.th/developer.
What industry is National Digital Id in?
National Digital Id's product category is Digital Identity Verification. Its primary akta.pro industry code is BPAMAEAJ, Decentralized Identity (DID) & Verifiable Credentials, with a secondary code of FSAPACAG, Decentralized Identity (DID) & Identity Wallets (DID methods, DIDComm, identity agents). Its NAICS code is 518210 and its SIC code is 7370.