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SMARTCARD MARKETING SYSTEMS INC. ( SMKG:OTC) ANNOUNCES SIGNING OF NATIONAL ID, DIGITIZATION OF JUDICIAL SYSTEM AND BAD ACTORS REGISTRY FOR GOVT.
SMARTCARD MARKETING SYSTEMS INC. ( SMKG:OTC) ANNOUNCES SIGNING OF NATIONAL ID, DIGITIZATION OF JUDICIAL SYSTEM AND BAD ACTORS REGISTRY FOR GOVT..
About this update from Smart Card Marketing Systems, Inc.
[{"type":"text","content":" \r\n\r\nSmartCard Marketing Systems Inc. (SMKG:OTC) announced that it is set to begin implementation of its latest government\r\n project focused on digitizing processes for the Judicial Systems, a National ID\r\n and “bad actors” verification system framework for a Government in the\r\n Caribbean. The project, valued at USD $7.2 million USD,\r\n has received formal approvals across multiple internal government agencies,\r\n including a key \"letter of no objection\" clearance from the parliamentary\r\n committee and treasury department. The initial funding phase includes a USD\r\n $1.8 million deposit to commence the undertaking. This marks another significant milestone\r\n for SmartCard Marketing Systems Inc. in advancing secure identity, digitization\r\n through tokenization and verification technologies for government\r\n infrastructures.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\n\r\nA permission-based digital\r\n infrastructure engages Government to enable Judicial, Police and National\r\n Institutions to report and publish activities and case files generating\r\n profiles on known Bad actors (individuals and businesses) through authorized access\r\n tiers. This structure supports secure collaboration among internal departments,\r\n law enforcement, financial institutions and regulatory bodies for the purpose\r\n of profiling, monitoring, managing and reporting on bad actors. The ability to\r\n report and publish relevant profiles to proper authorities is critical for both\r\n internal and external agencies.\r\n\r\n \r\n\r\nThe project includes\r\n\r\n \r\n\r\n• \r\n Bad\r\n Actors data input and verification system where Government institutions can\r\n implement a secure, multi-tiered permission-based infrastructure that enables\r\n centralized monitoring and profiling of suspected, incarcerated and released\r\n criminals. This fully digitized framework enhances transactional oversight and\r\n supports real-time data exchange across authorized agencies.\r\n\r\n \r\n\r\n• \r\n National\r\n ID verify: To strengthen identity verification and risk management, it is\r\n essential for government bodies to adopt virtual in-person onboarding\r\n processes. These include video-based eKYC, digital document attestation with\r\n eSig...