LIMIX and TIDC Unite to Combat Crypto Wallet Scams with AI —Strengthening Thailand's Blockchain Security Landscape and Redefining Digital Identity

This landmark collaboration is focused on developing and deploying an advanced, AI-powered fraud detection and digital identity verification system that mitigate risk in Thailand's burgeoning crypto wallet ecosystem, and support national ambitions to become a regional blockchain and digital finance powerhouse.

As Thailand embraces digital transformation across industries, crypto wallets have become essential tools for consumers and businesses alike, enabling peer-to-peer transfers, decentralized finance (DeFi), and access to tokenized assets. However, this shift has also exposed users to increasingly sophisticated scams, phishing tactics, social engineering, and impersonation.

Recognizing this urgent challenge, LIMIX and TIDC are co-developing a robust framework to address the issue from both a technological and ecosystem level. At the center of the solution is a combination of LIMIX's proprietary KYC Identity Engine and AI-powered real-time fraud detection, which together form a powerful shield for digital asset users and providers.

The Role of LIMIX: Technology for Trust

LIMIX, a fast-growing global tech company based in Bangkok, brings deep expertise in AI, blockchain, cybersecurity, and digital infrastructure development. Known for building intelligent systems that scale across public and private sectors, LIMIX is leading the technical architecture of this solution.

At the heart of its contribution is the LIMIX KYC Identity Engine, an advanced digital identity solution tailored for the fast-moving world of digital finance and blockchain. Unlike traditional verification systems, LIMIX's KYC platform combines biometric recognition, liveness detection, behavioral analytics, and blockchain-anchored data encryption to ensure secure, accurate, and compliant onboarding for crypto wallet users.

This KYC solution is purpose-built for scalability and regulatory alignment, allowing exchanges, fintech platforms, and wallet providers to quickly integrate identity verification that meets local compliance (such as Thailand's Personal Data Protection Act - PDPA) and international standards (such as FATF and AML guidelines).

LIMIX's AI-driven fraud detection layer complements its KYC platform by analyzing transaction behavior in real time, flagging unusual activity, and issuing smart alerts to both users and service providers. This dual-engine approach ensures protection before, during, and after each transaction—bridging the critical gap between identity and action in the digital finance journey.

"In the current digital movement, cybersecurity has become a backbone of global progress. As Thailand's rapid digitalization opens new doors, the risk is more and more complex —from AI-driven threats to quantum-era vulnerabilities. Addressing these challenges demands global collaboration, which is why LIMIX is proud to partner with TIDC. Together, through shared innovation and strategic dialogue, we foster innovation, spark dialogue, and create lasting solutions that protect people, businesses, and the future of digital finance" said Andre Barros, Project & Strategy Director at LIMIX.

TIDC's Vision: A Future-Proof Digital Economy

As a key partner, TIDC is dedicated to fostering a thriving ecosystem where emerging technologies such as blockchain, artificial intelligence, fintech, and digital identity can flourish within a secure, efficient, and collaborative framework. By spearheading pilot programs, cross-sector partnerships, and strategic infrastructure development, TIDC enables startups, small and medium-sized enterprises (SMEs), corporations, and foreign investors to scale innovative digital solutions that are both future-ready and deeply rooted in the local landscape.

At the heart of TIDC's mission is a commitment to creating a secure foundation for innovation, as emphasized by Raymond Chu, Executive Director of TIDC. "As digital assets continue to grow rapidly in Thailand, it is essential that our infrastructure is resilient, intelligent, and built on a foundation of public trust. Our partnership with LIMIX exemplifies the exciting possibilities that emerge when innovation is paired with responsibility, and we look forward to driving progress in the digital economy together."

Why This Matters for Thailand and National Digital Infrastructure

Thailand's national roadmap—anchored in Thailand 4.0 and the Digital Economy Development Plan—prioritizes blockchain, AI, and digital finance as key drivers of sustainable economic growth. The country is already emerging as a leader in fintech adoption, ranking high in crypto usage globally and exploring initiatives such as a central bank digital currency (CBDC) and tokenized government bonds.

However, security concerns remain a significant barrier to full-scale adoption. From DeFi platforms and Web3 gaming to cross-border payments and tokenized commerce, digital identity assurance and fraud prevention are foundational to scaling these innovations responsibly.

This is why the LIMIX-TIDC partnership matters: it not only secures the present but prepares Thailand for what comes next.

The solution will be piloted in 2025 through partnerships with leading crypto platforms and fintech providers, with national rollout expected in the next 5 years. In the long term, the technology may expand into other use cases—such as e-Government, digital citizen services, cross-border digital ID frameworks, and smart city integrations—cementing Thailand's position as a trusted leader in digital innovation in the ASEAN region.