SINGAPORE, 14 July 2023 – Accredify, Asia Pacific’s leading verification technology solutions provider, today announced that it was awarded the Most Pioneering Verification Technology Provider at APAC Insider’s 2023 South East Asia Business Awards, an annual event that celebrates companies which continue to make a difference in the economical ecosystem.  

Accredify enables businesses to engage in trusted information exchange by creating, issuing, and managing verifiable data, identities, and documents – a technology that the company has coined as TrustTech. Since 2019, Accredify witnessed revenue growth of 17 times, creating more than 2 million verifiable digital documents that have been verified over 13 million times. 

Existing verification processes have costly and tedious backend workflows. Along with the digital era and a rise in deep fake or fraudulent information driven by Artificial Intelligence (AI), a new need has surfaced known as digital trust – a state where any receiver of information instantly knows that the data they have received can be trusted and is authentic. 

Accredify leverages the blockchain to enable organisations to create and issue instantly verifiable digital documents that are traceable back to the source. Every document can be verified with a QR code scan or through an online drag-and-drop verifier portal. This automation of document issuance and verification processes has obsoleted traditional authentication workflows and document formats such as PDFs, which are easy to forge or which content is easy to alter. 

“This award is tribute to Accredify’s commitment to providing a secure and simple method for corporations and individuals to remain assured that the documents and information they receive can be trusted; a quality that is of extreme importance especially in this age of artificially generated data,” said Quah Zheng Wei, CEO and Co-founder, Accredify, “We will continue to develop products with the objective of creating digital trust in all interactions and data transfer.” 

Laura O’Carroll, APAC Insider’s Awards Co-ordinator, commented on this year’s winners: “We are always proud to lend a platform to the businesses that’re shaping the future, and this year’s South East Asia Business Awards programme is no different. I extend my congratulations to all who’ve been recognised in APAC Insider’s 2023 programme, and wish you all the best in the year to come.” 

Accredify has collaborated extensively with Singapore government agencies. During COVID-19, we worked with the government to develop verifiable medical records, known as HealthCerts – Singapore’s internationally recognised national COVID-19 test standard – with the Ministry of Health and GovTech. The company also collaborated with Accounting and Corporate Regulatory Authority (ACRA) to issue verifiable Business Profiles to simplify the due diligence process third parties must engage in before conducting initiatives with Singapore companies, thus increasing trust in working with Singapore-based companies and digitalising the business ecosystem.  

About Accredify 

Accredify is pioneering the world’s transition to verifiable data. Accredify is Asia Pacific’s award-winning leading verifiable technology solutions provider. To date, Accredify has processed over 13 million verifications on 2 million issued documents. 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