If you are a licensing authority, you can enhance digital trust in your country’s business ecosystem with blockchain-powered, digitally attested, instantly verifiable licenses.
Static PDF licenses are unable to provide the trust, efficiency, and reliability necessary for licenses.
PDF licenses are low in digital trust as they can be easily forged and tampered with.
It is difficult to authenticate a PDF license, often involving tedious, manual visual comparisons.
There is no reliable and efficient way to determine if a license is still valid There is no reliable and efficient way to determine if a license is still valid.
Once PDF licenses are issued, it is difficult to inform the larger ecosystem of any updates to a particular license’s status, such as it being revoked or suspended.
Built on blockchain technology, trusted digital licenses are secure, tamper-proof, and digitally attested by the licensing authority.
Trusted digital licenses can be instantly verified by either scanning a QR code or dropping the license file into a verification portal. This process authenticates the license and checks for its latest status.
Trusted digital licenses are dynamic documents. They can be updated in real-time to show the latest status, such as whether they have been revoked or suspended, when they are verified by anyone – even if it is the old copy that is being verified.
The data in trusted digital licenses can be easily extracted and fed into downstream processes, such as analytics and automation, to improve operational efficiency.
Banks and other counterparties can automatically monitor for changes with trusted digital licenses, instead of having to rely on manual, periodic checks.
Read the press release to learn more on how Accredify collaborated with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) in making its Business Profiles and Business Certificates (Incorporation/Registration) verifiable via its new online verification portal, trustBar – a digital site in which enterprises can verify tamper-evident documents of these information products issued by ACRA.
Replicate the look and feel of physical licenses so your stakeholders can instantly recognise your trusted digital licenses. From displaying your organisation’s logo, fonts, and colours, everything is customisable.
Brand-preserving with complete visual replication of your physical licenses
Custom-built by Accredify for you
Create and distribute batches of trusted digital licenses with a click
Improved data portability for stakeholders as trusted digital licenses can be read and verified by anyone
Accredify’s Verification Portal can be hosted on your website so your stakeholders can easily verify your licenses. What’s more, every verification made on your issued trusted digital licenses can bring verifiers to your website’s Verification Portal page, or any other important page on your website of your choosing, thus boosting your website’s SEO ranking with each verification.
Enhances SEO ranking
Demonstrates your organisation’s leadership in building digital trust
Trusted digital licenses are dynamic documents that reflect their latest status upon verification. This includes showing the verifier whether the license is authentic, suspended, revoked, expired, outdated, or valid for use!
Greater control over issued licenses
Greater business transparency within the ecosystem
Easier monitoring for banks and counterparties as updates to business licenses are automatically reflected, meaning they do not have to rely on manual, periodic checks. Learn more about how a multinational investment bank is piloting this solution here!
Create multiple user roles with different levels of permissions to reflect pre-existing processes.
Enables an intuitive transition to trusted digital documents as existing workflows can be digitalised
Makes solution easy to learn for the working team
Preserves process integrity at the highest level
Already working with a custom front-end, and looking for a solution to help complement your existing platform? No worries, because Accredify’s solution can be adopted as a Backend-as-a-Service product!
Power existing or new custom front-ends for you to issue, manage, and verify trusted digital licenses
No need for overhaul of existing platforms
Ease of integration through APIs
Accredify has a proven track record of creating and deploying our solution on complex environments, such as Singapore’s Government Commercial Cloud, Healthcare Cloud, MINDEF Commercial Cloud, and more. Accredify is familiar with deployment on intricate cloud environments and has experience working with large government clients in Singapore, such as ACRA, CAAS, SCDF, and MOH.
With tamper-proof, digitally attested, instantly verifiable trusted digital licenses, your business ecosystem’s stakeholders can transact with peace of mind. The greater business transparency across all players within your market also enhances your ecosystem’s attractiveness to foreign businesses.
By enabling your ecosystem’s stakeholders to instantly verify and validate licenses, your stakeholders can speed up checks and perform higher volumes of transactions in a shorter amount of time.
Your data, and your stakeholders’, are protected by industry-leading security technology and practices. We are ISO27001, ISO22301, ISO27017, ISO27018, and IMDA Data Protection Trustmark certified, and are compliant with PDPA.
With Accredify, you can issue documents and credentials in multiple internationally-recognised technical standards, such as OpenCerts, OpenBadges, OpenAttestation, HealthCerts, W3C, SMART Healthcard, IATA Travel Pass, EU DCC, and more.
Transform your ecosystem overnight with Accredify. Our system-agnostic solution is built to enable straightforward API integration with your existing data systems.
Learn more about our stringent approach towards protecting your data,
such as our ISO 27001, ISO 22301, ISO 27017, and ISO 27018 certifications,
IMDA Data Protection Trustmark, CSA Star Level 1, and robust security management programme which includes a comprehensive Information
Security Management System (ISMS).
Accredify announces its pilot of Project CapitalView, the first blockchain-powered initiative in the financial sector to automate equity ownership in Singapore.
Asia Pacific’s leading verifiable technology solutions provider, Accredify collaborates with ACRA in making its Business Profiles and Certificates verifiable.
Gems Origin Partners with Accredify to Pioneer New Industry Benchmark in Bespoke Fine Jewellery Using Blockchain Technology.
Whether you are looking to transform your business, have questions about our solution, or are curious to explore new use cases with trusted digital documents, we are always happy to chat!
