At this year’s CRF Annual Conference, we received the CRF 2023 Innovation Award (Commendation) –  first international award in recognition of the Ministry’s digitization efforts. Our multidisciplinary team crafted a solution for stakeholders by introducing the “Corporate Profile & Verification Service.”

This service immediately removed 300 requests from our service queue, enabled businesses to access their Corporate Profile Sheet from anywhere, and enabled third parties to verify the information provided in the profile sheet with a technology-based solution that addresses data privacy concerns.

This marks a significant step, as we have created a dynamic framework that will pave way for the development of a commercial API that will support all service-oriented businesses to further develop their systems to quickly create and update information of registered businesses engaged in business transactions.