SINGAPORE, 1 September 2023 – Accredify, Asia Pacific’s leading verifiable technology solutions provider, today announced that it was named as one of Forbes Asia 100 to Watch companies. The list recognises the most pioneering companies in Asia which have had a powerful impact on the region’s business ecosystem.
The selection process included an extensive evaluation of the company, looking at metrics such as a track record of strong revenue growth or ability to attract funding, promising business models or markets, and a persuasive story.
“Companies on this year’s Forbes Asia’s 100 to Watch list are a study in resilience. With rising interest rates, funding is harder to come by for startups. The companies on this year’s list therefore represent those with strong prospects to become success stories,” says Justin Doebele, Editor of Forbes Asia.
The state of the world has changed and threats to digital trust will continue to intensify in the years to come. The accessibility of generative AI and deepfake technology is contributing to the rise in misinformation, playing a disruptive influence on traditional digital trust mechanisms which has major implications for society and the business ecosystem.
By harnessing blockchain technology, Accredify creates and issues verifiable documents that can be instantly verified with a simple QR code scan – a technology that the company has coined as TrustTech. The company is committed to its vision of a trustless future – one where digital trust is guaranteed in every interaction between entities and individuals in a global village interconnected by verifiable information products. Accredify’s decentralized solution also connects disparate data silos between institutions by returning complete data ownership to the individual, who acts as the vehicle for data transfer, simplifying information sharing whilst enhancing data portability and security.
“Highly regarded as one of the most recognised awards to receive, the team at Accredify is excited to be hand-picked as one of the companies in Asia which is profoundly changing the world,” said Quah Zheng Wei, Co-founder and CEO of Accredify, “We will continue to set our sights on helping organisations establish digital trust in an affordable manner whilst supporting their pivot to using verifiable data to create digital identities and assets for secure information exchange.”
TrustTech has been used by multiple stakeholders in different industries, with our clientele ranging from SMEs to government agencies. During COVID-19 amidst the rise of forged COVID-negative medical records, Accredify worked with the Ministry of Health and GovTech Singapore to create the national standard for verifiable COVID-19 medical records to ensure that an individual who was traveling was COVID-negative, as well as developing a digital wallet for individuals to store their verifiable documents. Accredify also worked with the Accounting and Corporate Regulatory Authority (ACRA) to issue verifiable Business Certificates and Profiles, allowing stakeholders to perform instant cross-border verification of a business’s information, further establishing Singapore as a trusted business hub.
Accredify aims to be at the forefront of pioneering digital trust by accelerating the world’s adoption of verifiable data in any medium such as documents, images, or videos.
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About Accredify
Accredify is pioneering the world’s transition to verifiable data. Accredify is an award-winning leading verifiable technology solutions provider. By enabling automation and secure information exchange, Accredify provides clientele with the technology to simplify complex processes and discover new frontiers of digital trust. With a dedicated team that embraces the highest standards of customer service, security, and privacy, Accredify’s mission is to be the foremost verifiable technology solutions provider for moments when trust matters most.
For more information, visit www.accredify.io and follow us on LinkedIn @Accredify
Media Contact
Jessica Tan Shu En
Chief Marketing Officer, Accredify
jess@accredify.io
