Trident and the Democratic Republic of Congo, Office of the President through National Intelligence Sign Collaboration Agreement (PROTOCOLE D’ACCORD DE COLLABORATION) to Develop and Implement a National E-Government System
December 18 2024 - 8:00AM
Trident Digital Tech Holdings Ltd (“Trident” or the “Company,”
NASDAQ: TDTH), a leading catalyst for digital transformation in
technology optimization services and Web 3.0 activation based in
Singapore, today announced the signing of a landmark collaboration
agreement with the Democratic Republic of Congo (the “DRC” or
“Republic”), represented by the President of the Republic via the
National Intelligence Agency, to drive digital transformation in
the DRC for effective, accountable, and transparent governance.
Under this collaboration agreement, Trident will explore the
development of a comprehensive electronic government (“e-GOV”)
system for the DRC, aimed at digitizing the Congolese government’s
administrative framework through the integration of cutting-edge
technologies, including blockchain, to provide secure and efficient
government services to citizens while protecting personal data.
The agreement establishes a framework for both parties to enter
into a definitive agreement for Trident to develop and implement a
platform that will manage the digital identities and data of
Congolese citizens. This platform will provide secure and
streamlined access to a wide range of government services,
including business registration, land registries, immigration
services, civil registry, as well as digital payment and approval
functions for government services. Each service will be customized
to meet the specific needs of the DRC.
Soon Huat Lim, Founder, Chairman, and CEO of Trident, stated,
“We are honored to collaborate with the Democratic Republic of
Congo on this transformative project that will revolutionize how
citizens interact with government services through secure digital
identities. Our platform enables robust authentication processes
via encrypted digital identities, enhancing security while
optimizing the citizen experience when interacting with government
services. This collaboration with the DRC is a significant
validation of our technological capabilities and our commitment to
developing secure and efficient digital solutions tailored to
various scenarios. This agreement marks a significant milestone in
our company’s growth trajectory, demonstrating our ability to
deliver large-scale digital transformation solutions to global
standards. We are confident that the success of this initiative
will open opportunities to implement similar digital identity and
secure authentication solutions for other clients seeking to
develop their digital infrastructure.”
Justin Inzun Kakiak, Director General of the DRC’s National
Intelligence Agency, commented, “Our selection of Trident for this
crucial digital transformation initiative reflects our commitment
to adopting and coordinating innovative solutions for the benefit
of our country and our citizens. This e-Government system will
significantly improve access to government services in our country,
and we are delighted to move forward with Trident on this
groundbreaking initiative.”
About Trident
Trident is a leading catalyst for digital transformation in
digital optimization, technology services, and Web 3.0 activation
worldwide, based in Singapore. The Company offers commercial and
technological digital solutions designed to optimize its clients’
experience with their end-users by promoting digital adoption and
self-service.
Tridentity, the Company’s flagship product, is an innovative and
highly secure blockchain-based identity solution designed to
provide secure single sign-on authentication capabilities to
integrated third-party systems across various industries.
Tridentity aims to offer unparalleled security features, ensuring
the protection of sensitive information and preventing potential
threats, thus promising a new secure era in the global digital
landscape in general, and in South Asia etc.
Beyond Tridentity, the company’s mission is to become the global
leader in Web 3.0 activation, notably connecting businesses to a
reliable and secure technological platform, with tailored and
optimized customer experiences.
Safe Harbor Statement
This announcement contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. The Company may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in announcements and other written
materials, and in oral statements made by its officers, directors,
or employees to third parties. Statements that are not historical
facts, including statements about the Company’s beliefs, plans, and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, including the
possibility that a definitive agreement will not be concluded as
contemplated under the collaboration agreement discussed in this
announcement, and the possibility that the e-GOV system will not
materialize as contemplated under the collaboration agreement or a
definitive agreement if and once concluded. A number of factors
could also cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: the Company’s strategies, future business
development, and financial condition and results of operations; the
expected growth of the digital solutions market; the political,
economic, social and legal developments in the jurisdictions that
the Company operates in or in which the Company intends to expand
its business and operations; the Company’s ability to maintain and
enhance its brand. Further information regarding these and other
risks is included in the Company’s filings with the SEC. All
information provided in this announcement is as of the date of this
announcement, and the Company does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
Investor/Media Contacts
Investor Relations Robin Yang, Partner
ICR, LLC
Email: investor@tridentity.me
Phone: +1 (212) 321-0602
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/60d62bc2-fb8b-4540-bfb9-ef48e13b5fd0
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