Blockchain coalition to drive adoption in Malaysia

MOU to drive adoption of blockchain technology

A coalition of blockchain enthusiasts and financial technology firms have come together to improve literacy in blockchain tech, in order to draw more startups in the space to Malaysia.

World Crypto Organisation (WCO) executive committee member Nicholas Lim said the groups had come together with a memorandum of understanding to form a holistic community and push forward the adoption of blockchain in the country.

“So far, we’ve seen many companies in the field have left Malaysia, but we believe by doing events like a this Summit, we can attract startups to return to Malaysia,” he said at the Fintech Blockchain Summit 2018 today.

During the summit, eight groups signed the MOU, including WCO, MSOGO co-working space, crypto currency trading platform MBAEX Online, World Crypto Asset Club (WCAC), online market place CCG Mall, International Blockchain Research and Development Club (IRBC), International Fintech Academy (IFTA) and Linton University College.



Wednesday, 6 Jun 2018