The backbone of Accredify’s technology is blockchain, the potential of which Quah understood early, in 2016. “As a chartered accountant, the first thing that came to my mind was the possibility of real-time audit with the world’s transactions instantly verifiable yet securely private,” he describes. It didn’t take him long to realise that the potential applications are much wider. Besides health records, Accredify also works with educational institutions to issue verifiable degrees and certificates.
“I strongly believe that we are in the midst of a structural and systematic change from digital data to verifiable data,” Quah says. And as an early entrant to this space, he has big dreams for Accredify. “I want to make Accredify the Google for verifiable data.”