📋 Tender Overview
President Ferdinand R. Marcos Jr. issued a directive Thursday to speed up the digitalization of the National Identification ID system that could be used for public and private transactions.During his meeting with the Private Sector Advisory Council PSAC on Digital Infrastructure in Malacaang among those discussed were the Philippine Statistics Authoritys PSA proposed Public-Private Partnership PPP for the launching of the Digital PhilID App. Among the Philippine Identification System PhilSys targets are the kickstarting of a mobile app in the first quarter of this year with private sector assistance through PPPs to support PSAs efforts to digitalize the National ID system.During the discussion President Marcos asked the private sector to help get the National ID out noting it has the technology and capability for new digital IDs.Naiwanan na tayo sa technology so we have to catch up Marcos said stressing a digital ID system is easier to upgrade and implement.The benefits of adopting a digital ID system include automated eKYC Know Your Customer identity theft protection credit card and loan applications and digital wallet.Digital ID integration to a digital wallet will result in the elimination of long lines in Assistance to Individuals in Crisis Situations AICS distribution anti-fraud and anti-scamming DSWD programs monitoring as well as faster disbursement of government cash aid.According to a study by the Mckinsey Global Institute the implementation of a digital ID program to an emerging economy with high adoption rates can unlock an economic value of up to an additional 3 percent of the gross domestic product GDP by 2025 or P700 billion.
