Source: Socialist Republic of Vietnam
It is part of a series of events aimed at introducing Vietnamese-made services in the nation’s national digital transformation until 2025 with a view to 2030.
VNPT stated that eKYC can spot fake IDs, validate documents, authenticate portraits, detect invalid papers and identify customers video calls, among others, thanks to a large Vietnamese-specific database and the high accuracy of its optical character recognition.
The company says that the solution can warn about ID cards which have been tampered with, helping to reduce risk, shorten check-in times and enhance security in information validation.
eKYC has been developed based on cutting-edge technologies such as artificial intelligence, blockchain and biometric recognition.
At the ceremony, Director of the Authority of Information Technology Application Nguyen Huy Dung praised the solution as a passport for entering the digital world.
According to Ngo Dien Hy, General Director of VNPT-IT, eKYC can be applied in many sectors such as banking and insurance whilst noting that the identity verification might not be completely accurate but can significantly minimise fraud.