February 23, 2024

We are creating some awesome events for you. Kindly bear with us.

ETDA Thailand initiates National Digital ID project to promote online transactions

ETDA Thailand initiates National Digital ID project to promote online transactions

Recently, the Thailand Government revealed that it is initiating
a National Digital ID project to promote digital transactions for the public as
well as the private sector.

ETDA Director, Ms Surangkhana Wayuparp said that the system is part of the government’s national digital ID project to verify the identity of individuals and corporations when receiving various services from both the public and private sectors. The system will reduce the complexity of online transactions and increase speed and convenience with high security. Initially, the system will be used between government units and companies which share information, such as the Revenue Department and insurance companies.   

The Electronic
Transactions Development Agency (ETDA)
under the Ministry of Digital Economy and Society which is responsible for developing,
promoting and supporting electronic transactions in Thailand, has entered
into a cooperative partnership with Japanese venture-backed payments startup, Omise,
for the project. Omise is currrently operating in Thailand, Japan, Singapore,
and Indonesia.

The National Digital ID Platform is an intermediary and open
infrastructure that provides online service providers (Relaying Party) with
standardised ways to identify and authenticate their subscribers or customers
using existing digital identifications. Then the Platform would allow the
customers or subscribers to access a variety of services remotely.

Examples of digital identifications could include user
accounts on the governmental services, such as the Revenue Department (RD) and the
Department of Business Development (DBD), Internet Banking accounts and e-Wallet
accounts.

ETDA is the
primary governmental organisation responsible for the development and
management of the Federation Proxy. The
Federation Proxy, which is part of the Digital ID Platform, is a
component that acts as a bridge for connecting the components in digital ID
ecosystem together with an interoperable authentication protocol. The protocol
is designed to be open-standard and offer strong security for integrating and
communicating among different components in an ecosystem.

The digital ID
architecture will have three major components. First is the ‘Identity Provider’
(IdP), which is the party that provides subscriber authenticating
services in order to process a transaction or grant access to information or a
system. The IdP must ensure service conformity to the standard Levels of
Assurance (LoA) for identity proofing and authentication.

The second component
is the ‘Relying Party’ (RP). This refers to the entity that is relying upon the
digital identity issued by an IdP. The RPs should assess their own
business risk and choose an appropriate set of IdPs, which can provide assurance
level corresponding to result of risk assessment.

The final component
is the ‘Authoritative Source’, an entity that has access to, or verified
copies of, accurate information from an issuing source such that IdP can
confirm the validity of the identity evidence supplied by a subscriber during
identity proofing.

Eight parties have already joined the first phase of this project: 1)Revenue
Department; 2) Student Loan Fund; 3) Thailand Securities Depository Company
Limited; 4) Thai Bankers' Association; 5) Association of Thai Securities
Companies; 6) The Thai Life Assurance Association; 7) Thai General Insurance
Association; and 8) National Credit Bureau.

Bangkok Post reported that the
project has been allocated a budget of 100 million Baht for the first year. Ms Wayuparb was quoted saying, “ETDA aims for at least 10,000 people to adopt
the national digital ID system through digital transactions for greater
assurance of online activities.” 

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend