National Digital Id

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

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

• Digital identity verification
• Electronic KYC services
• Identity exchange platform
• Consent management platform
• Digital signature services

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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

Core 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

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Office of the Judiciary of ThailandcoreStrategic or Co-development Partner · 21 January 2026NDID 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 LawcoreStrategic or Co-development Partner · 16 December 2025NDID 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)coreStrategic or Co-development Partner · 3 December 2025NDID 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 BankscoreStrategic or Co-development Partner · 26 August 2025MOU 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)coreTechnology or Integration · 10 October 2024Token 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)coreGTM or Marketing Partner · 29 May 2024NDID 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)coreStrategic or Co-development PartnerNDID 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)minorStrategic or Co-development PartnerNDID 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 EconomyminorStrategic or Co-development PartnerNDID 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

Regional 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

• LinkedInlinkedin.com/company/national-digital-id

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Digital Id