myBID is a revolution in digital interactions. Expand financial accessibility and reduce operational costs to catalyse a new wave of economic development.
3.4bn people have IDs that lack any use in digital space.
1.7bn people globally stand to gain access to financial services.
90% potential reduction in customer onboarding costs.
Aggregating and encrypting data across systems, the identity hub paves the way for secure nationwide sharing of verified data.
An intuitive digital tool at your fingertips, our Wallet offers 24/7 access, prioritising user experience and privacy.
A digital incubator/accelerator to cultivate use cases. Empower populations with Web3 skills and fosters innovative ideas.
Experience security and liberation. Our innovative solutions harness technology to amplify the potential of a billion lives.
Verified credentials enhance efficiency, enabling citizens and service providers to access the ecosystem of services seamlessly.
With advanced Web3 security, myBID provides governments with a powerful tool to safeguard citizens in an increasingly digital world.
Simplifies the creation and management of digital identities, broadening access to vital services such as banking, healthcare, and education transformative for the underserved.
Unlocks instant verifications for essential transactions, ensuring smooth, instant access to services and information.
Empower citizens with the power to decide who sees their personal information in a user-friendly dashboard.
myBID’s flexible infrastructure allows the development of almost unlimited use cases.
Unlock truly trustworthy e-signatures for digital documents and online transactions, unlocking a more secure digital economy.
The road traveled and the path ahead: a bird’s eye view of myBID’s innovative game plan
We are among the first private entities to pioneer the research and development of Self-Sovereign Identity.
We gear up for an upcoming IEO with an enhanced website and whitepaper for early backers.
$MBID tokens are set to make their debut. Concurrently, we'll start rolling out myBID ecosystems in collaboration with our first nations and organisations.
Development begins on the first national myBID app, built on our robust pre-existing myBID SSI architecture.
A milestone moment with the rollout of our bespoke national digital identity solution; a real use case for the transformative potential of myBID.
Get to know the members of our team and what makes us tick.
Datuk Paul Khoo
Co-Founder & Executive Director
Darren Saw
Chief Revenue Officer
Ruzilah Alias
Chief Operating Officer
Tan Hui Koon
Chief Finance Officer
Paul Agada
Chief Technology Officer
Ryan Ewe
Chief Product Officer
Suneet
Lead Tech Architect
Jeff Liew
Independent Director
Dato Loh Eng Wee
Independent Director
Jasmine KC Ng
Advisor
Jason Lee
Advisor
KV Soon
Advisor
To access further details, kindly read our whitepaper for more information.
myBID is a next-generation digital identity solution that offers a user-controlled, transparent and flexible identity ecosystem using Self-Sovereign Identity (SSI) standards. It stands out by leveraging enterprise-ready open-source blockchain tools and libraries to champion inclusivity and a safer, more trustworthy digital economy. MyBID is built based on the European Union’s gold standard in digital infrastructure to support the launch and operation of cross-border public services.
These features make myBID ideal for both the private and public sectors to exchange data that is not only precise but also trustworthy. At its heart, myBID is crafted with the modern user in mind, positioning myBID as an innovative digital identity solution that is transparent and secure, perfectly suited to the demands of the 21st century.
Users retain complete sovereignty over their data. They possess the final say in approving or rejecting data requests, thereby enhancing control over their personal information. Aligning with the European Union’s (EU) eSSIF framework, myBID also adheres to the highest standards of data privacy regulation, ensuring that user data is treated with the utmost respect and privacy.
In addition, myBID ensures the security of user data by tapping into the inherent strengths of blockchain technology. Decentralisation, a key feature of blockchain, ensures that data isn't stored in a central database, diminishing points of weaknesses and greatly reducing data breach risks. A combination of this and cryptographic encryption techniques help to safeguard the security of myBID uses.
myBID's scope transcends mere identity infrastructure. Serving as an "identity layer", it is the backbone for a number of real-world solutions.
The versatility of myBID ensures it can be tailored to address diverse needs, making it an adaptable tool ready to integrate into a myriad of ecosystems.
Our myBID digital ID system is built on the open-source Hyperledger Aries framework, designed for interoperability across different ledgers to prevent vendor lock-in and ensure system flexibility. Hyperledger Indy underpins myBID, providing a decentralized identity management structure that supports the creation of user-controlled Digital Identifiers (DIDs).
