For release: Thursday, 23 April 2026, 9:00am Bangkok time.
BANGKOK, THAILAND, 23 April 2026 , Turnkey Communication Services PCL (TKC), in partnership with Transformational and ShareRing, has announced a strategic alliance to launch Thailand’s first integrated Verifiable Credential and Digital Document Wallet infrastructure, bridging the trust gap between government and private sector transactions.
This partnership is about establishing a ‘National Trust Infrastructure’, which is a critical national policy direction. TKC’s role is to merge our existing infrastructure with global technology standards to drive widespread adoption in alignment with MDES and ETDA. We aim to reduce costs and increase transparency without burdening existing systems, while ensuring future international connectivity.
Mr. Sayam Tiewtranon, CEO of TKC
Thailand’s Digital Paradox: Connectivity vs. Physical Friction
Despite a 95% internet penetration rate, transactions that matter most, such as proving where you live, verifying a professional qualification, or applying for a loan, still require a physical visit and photocopies.
In 2026, citizens are still taking half-days off work to manage paperwork at service counters that close at 3pm. What Thailand lacks is a shared infrastructure layer connecting verified documents to real transactions.
Khun Ariya Banomyong, CEO of Transformational
The High Cost of Unverifiable Documents
The reliance on paper documents leaves citizens and businesses vulnerable.
Paper documents are the ‘weakest link’ in the trust chain; easy to forge and impossible to verify. Once data is on paper, you lose control. For businesses, scanned affidavits prove nothing without independent verification, exposing them to massive risks, from unauthorised directorship changes to fraudulent contracts. Nationally, the cost is measured in hundreds of billions of baht in untraceable educational loan portfolios and public services.
Mr. Ariya Banomyong, CEO of Transformational
The Solution: Digital Document Wallet + Verifiable Credential
This alliance introduces a Digital Document Wallet infrastructure, acting as a “Digital Twin” for critical documentation. Powered by ShareRing’s blockchain technology, already deployed in multiple international markets, the platform provides a secure framework capable of supporting a wide array of Verifiable Credentials (VCs). The infrastructure is designed to accommodate various digital formats as they transition to the ecosystem, such as professional licences, employment certifications, company affidavits, academic transcripts, and other identity documents (IDs).
Compliant with Global Security Standards (Private & Secure by Design)
The platform is built on privacy-first global standards, with User Consent at its core.
By utilising Zero-Knowledge Proof (ZKP) and Self-Sovereign Identity (SSI), we ensure users verify information without exposing sensitive data. No information is accessed without explicit user consent, ensuring only the owner holds the access keys to their digital identity.
Mr. Tim Bos, CEO and Founder of ShareRing
From Policy to Implementation
The alliance focuses on providing enterprise-ready solutions to bridge the gap between policy and execution:
- Seamless connectivity via SDKs and APIs for immediate integration into existing legacy systems.
- Sovereign issuance infrastructure enabling organisations to securely issue their own verifiable digital documents.
- Real-time verification to eliminate manual delays and fraudulent documentation risks.
We are building the trust layer that the whole country runs on. By deploying W3C-compliant and ISO-accredited technology, we are providing Thailand with an infrastructure built for global interoperability and international business expansion.
Mr. Rohan Le Page, Co-CEO of ShareRing
Implementation Roadmap
We are already in execution. Our first deployment goes live with a major state-owned enterprise in June 2026, followed by digital credential issuance for a network of Thai universities in August 2026, with active discussions underway across financial services, hospitality, and public administration.
Mr. Piya Jirapapongsa, Deputy Managing Director (Operations), TKC
For further project enquiries, please contact Mr. Ekkapol Promratanapong, Digital Product Director, TKC, who leads this initiative.
Companion commentary from ShareRing’s Co-CEOs
For the commercial strategy and what the Thailand alliance means for ShareRing’s next chapter, read Rohan Le Page’s piece, Why Thailand: What the TKC Alliance Means for ShareRing’s Next Chapter.
For the technical architecture under the hood, read Tim Bos’s companion piece, Thailand’s Digital Document Wallet: What’s Under the Hood (and What It Does to ShareLedger).
About the Companies
TKC | Turnkey Communication Services PCL. TKC is Thailand’s full-service digital infrastructure provider, covering telecommunications, cybersecurity, and digital solutions for government and large enterprises. The company focuses on building infrastructure that is resilient, secure, and compatible with international standards, supporting the country’s transition to a digital economy.
Transformational Co., Ltd. Digital transformation consultancy, working with corporate clients and state-owned enterprises, specialising in digital document trust infrastructure and verifiable credential solutions. Led by CEO Ariya Banomyong, formerly Country Head of Google Thailand and Managing Director of LINE Thailand.
ShareRing. ShareRing is a global digital identity and verifiable credential platform operating across multiple markets. W3C Verifiable Credential compliant, DIATF-certified, and ISO-accredited, ShareRing’s infrastructure is built for institutional scale. ShareRing holds a strategic equity stake in Transformational Co., Ltd.
Media Contacts
TKC: Ekkapol Promratanapong, Digital Product Director | ekkapol.p@tkc-services.com | www.tkc-services.com
Transformational: info@transformational.co.th | www.transformational.co.th
ShareRing: marketing@sharering.network | www.sharering.network
