MY E.G’s public blockchain platform, Zetrix and Beitou launched digital ID and driver’s license services on blockchain, ensuring seamless experiences for individuals, organisations, and governments.
Zetrix, a public blockchain platform of Malaysia-based MY E.G. Services Bhd, announced the launch of its Digital Credentials platform for secure, convenient, and interoperable credentials verification.
The launch marks the commercialisation of the collaboration between Malaysia’s MY E.G. Services Berhad and China’s state-owned Guangxi Beitou IT Innovation Technology Investment Group Co Ltd (Beitou).
Lai Shuiping, Chairman of the Board of Guangxi Beitou IT Innovation Investment Group Co.,Ltd, said, “Beitou it and MYEG jointly develop the China-ASEAN digital driving license cross-border verification platform. The platform will continue to expand into providing more convenient services for communication between citizens of China and ASEAN countries, and promote economic development across the entire region.
“In future, Beitou IT will further strengthen cooperation with Malaysian enterprises in the field of transportation digitalisation and promote continuous improvement of intelligent transportation in ASEAN countries,” Lai Shuiping added.
MY E.G. said in a statement that this innovative solution addresses the challenges of traditional paper-based credentials, offering a range of benefits that will transform the way individuals, organisations, and governments interact in the digital realm. Using digital credentials with the initial pilot of driving licenses based on blockchain technology will significantly enhance security and combat the counterfeiting of electronic licences.
Zetrix’s Zetrix’s Digital Credentials platform will utilise a Self Sovereign Identity (SSI) framework to enable real-time verification of documents digitised as VCs, providing a robust defence against fraud and forgery.
“In addition to ensuring authenticity, documents digitised as VCs offer the ability for selective disclosure or confirmation of data. For instance, document holders can verify their age or home location without having to provide their date of birth or full address. This is extremely useful as it protects raw user data from being shared unless absolutely necessary, thus reducing the possibilities of cyber attacks,” said TS Wong, Founder of Zetrix.
According to the statement, the service will initially be offered to domestic Chinese nationals who can choose to digitise their national ID or driving license as a verifiable credential (VC) on Xinghuo International, the international gateway for China’s national Public Blockchain.
Through Zetrix, which is integrated with Xinghuo, the national ID or driving license VC can then be presented abroad to be authenticated by any verifier wishing to verify the relevant identity or driving license data according to their needs.
Beitou IT’s integration into China’s nationwide police and transport department databases will ensure seamless authentication and digitisation of the documents into VCs.
