https://finance.yahoo.com/news/malaysia-own-national-public-blockchain-130057947.html
MY E.G. Services Berhad (MYEG) and Mimos Technology Solutions Sdn Bhd (MTSSB) signed a memorandum of understanding (MOU) on Thursday to co-develop and operate Malaysia’s national blockchain infrastructure to onboard the nation’s private and public sectors to Web 3.0.
MYEG’s Zetrix blockchain and Mimos blockchain will be the components of the Malaysia Blockchain Infrastructure (MBI), according to a press release published on Thursday.
Zetrix is a layer 1 public blockchain operated by Malaysia’s e-government service provider, MYEG.
MYEG, through Zetrix, serves as an international supernode that connects businesses to China’s state-backed blockchain network, Xinghuo BIF.
Zetrix also unveiled on Thursday its supply chain financing decentralized application, Zetrix TradeFi, which aims to simplify trading in the Regional Comprehensive Economic Partnership (RCEP) with blockchain technology
The MBI is a key element of the National Blockchain Roadmap that was launched by the tech ministry in August.