MBI Ushers New Era For Malaysia's Blockchain
KUALA LUMPUR, April 29 (Bernama) -- In support of the Government Digital Asset initiative, MIMOS Berhad today announced the operationalisation of the Malaysia Blockchain Infrastructure (MBI), a neutral and trusted platform for digital services and innovation across sectors.
MIMOS Berhad, in a statement, said this milestone marks a pivotal moment in the nation's technological advancement, as MBI emerges as a strategic technological innovation and a core component of Malaysia's National Blockchain Roadmap, aligned with the Malaysian MADANI vision.
Developed to be a catalyst for creativity, MBI fosters an environment where developers and innovators can explore and build cutting-edge blockchain applications that drive value and transformation across industries.
'The establishment of the MBI stands as a pivotal catalyst for the nation's digital advancement, purposefully developed to foster sustainable digital integration and support the creation of a cohesive, future-ready national digital infrastructure.
'This initiative is driven by MIMOS in strategic collaboration with its principal partner and key contributor, MyEG, underscoring a shared commitment to accelerating Malaysia's digital transformation and innovation agenda,' it said.
According to MIMOS Berhad, the MBI also plays a vital role in streamlining a wide range of digital assets, including MyDigitalID verifiable credentials, non-fungible tokens (NFTs), and decentralised finance (DeFi) applications, increasing accessibility to blockchain technology by simplifying the user experience and enabling broader participation for nontechnical users.
It said early adopter industry partners, such as Masverse, Cokeeps, iTrace, Heitech Padu, and others, are leveraging MBI to deploy solutions in supply chain traceability, digital identity, asset custody, and tokenisation across public and private sectors.
'Solutions like MyDigitalID will benefit from MBI's integrated capabilities, ensuring verifiability, accessibility, and interoperability to support use cases ranging from simple on-site registrations to complex cross-border and commercial verifications.
'This initiative aims to foster innovation and interconnectivity across platforms, enhance decentralised transaction security, promote an inclusive digital economy, and ensure greater security and transparency in digital transactions, making blockchain technology more accessible and catalysing innovation across all sectors, it said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
3 hours ago
- The Star
Singapore's first home launch since new curbs sells over 90%
Singapore (Bloomberg): Singapore's first mass-market private residential project launched since new curbs were introduced saw the development almost all taken as homes were sold at lower-than-usual prices. The LyndenWoods development sold 324 units Saturday, the first day it started to accept bookings, CapitaLand Development said in a statement the same evening. That's about 94% of the 343 units to be built at a business park in the city's south. The launch came over a week after the introduction of surprise measures targeting speculators in the property market. Owners must now hold their homes for at least four years if they want to avoid paying a seller's tax, from three previously, while those who still choose to do so face higher levies than before. CapitaLand Development - part of CapitaLand Group that's owned by Singapore state investor Temasek Holdings Pte. - said LyndenWoods homes were sold at an average price of S$2,450 ($1,914) per square foot to mainly professionals, couples and families who were attracted by its long-term investment potential. That's lower than median rates for similar units across Singapore and the district. Another project about a mile away has sold less than half of its 358 units after its launch earlier this year. The early performance may validate policymakers' concerns about a trend of flipping properties for a quick profit, which had driven a renewed jump in home prices and risked affecting affordability in one of the world's most expensive residential markets. More than two blank checks were submitted for each unit at LyndenWoods - a step typically taken by interested buyers to ballot for units - and its sales show that "buyers are not concerned' about the extension of the sellers' tax, Mark Yip, chief executive officer of real estate agency Huttons Asia Pte., said in a statement. Private home prices grew for a third straight quarter in the three months ended June, although the pace slowed to 0.5%, preliminary data show. Not all projects have outperformed. High-end homes in the central business district have struggled since seperate curbs in 2023 raised levies on foreigner purchases, and the projects have been less popular among local buyers due to relatively higher pricing and a lack of amenities. One such luxury project boasting over 680 units, W Residences Marina View, was also slated to accept bookings on Saturday. IOI Properties Group Bhd., its Malaysian developer, has not publicly released data on its performance. More projects are lined up for sale in coming weeks, and may give further clues of how buyers are digesting the measures. The opening sales weekend for private projects usually sees the bulk of transactions, and is closely watched for an indication of market sentiment. -- ©2025 Bloomberg L.P.
The Star
3 hours ago
- The Star
Malaysia hosts largest ever higher education fair in Indonesia
JAKARTA, July 13 (Bernama): Malaysia is holding the largest-ever higher education fair in Indonesia, aiming to attract more Indonesian students and boost regional academic cooperation under its 2025 Asean Chairmanship. The Mega Ayo Kuliah di Malaysia 2025 fair organised by Education Malaysia Global Services (EMGS) is taking place in Central Jakarta from July 12 to 13 and in Bekasi, West Java on July 15. The fair features 21 Malaysian universities and showcases the country's close geographical proximity, affordable tuition fees, and globally recognised institutions. The fair is expected to attract some 2,000 visitors. Prospective students have the opportunity to get advice and conditional offer letters. Established in 2012, EMGS operates under Malaysia's Higher Education Ministry to promote the country as a global education hub. A total of seven Memoranda of Understanding (MoUs) were signed between Malaysian and Indonesian universities, including Universiti Utara Malaysia with Universitas Airlangga, Asia e University with Universitas Hasanuddin, and Lincoln University College with Universitas Borneo Lestari. "Malaysia continues to strengthen regional academic mobility through initiatives such as the Graduate Pass, which offers a one-year post-study visa for graduates from 32 countries, including Indonesia,' said Higher Education Ministry secretary-general Datuk Dr Anesee Ibrahim at the fair. He also highlighted the Asean Global Exchange Mobility and Scholarship (ASEAN GEMS) platform, which connects students with over 300 scholarship providers across Asean, offering total commitments of more than RM19 million. Also present at the event was Minister Counsellor (Education) at the Malaysian Embassy Dr Hasnul Faizal Hushin Amri. "Malaysia offers internationally recognised institutions, a reasonable cost of living, and strong cultural ties with Indonesia, making it an ideal and comfortable destination for Indonesian students,' said EMGS chief executive officer Novie Tajuddin. He pointed out that several Malaysian universities feature in the QS World University Rankings 2026, Kuala Lumpur ranks among the top 25 student cities globally, and Malaysia is 13th in the 2025 Global Peace Index, underscoring its safety and appeal as a study destination. Indonesia remains one of the top sources of international student applications to Malaysia, with around 11,445 Indonesian students currently enrolled, he added. -- Bernama
New Straits Times
3 hours ago
- New Straits Times
MOHE strengthens cooperation with Indonesia
PUTRAJAYA: The Higher Education Ministry remains committed to strengthening regional cooperation, especially with Indonesia, to make Malaysia a top destination for international students. The ministry, in a statement today, said that among the areas of cooperation set to be strengthened with Indonesia include research collaboration and the mobility of lecturers and students in strategic fields such as artificial intelligence (AI), renewable energy technology and aerospace. It said cooperation between higher education institutions in both countries will also be a key focus, building upon existing collaborations in the higher education sector. This commitment was formalised following a two-day working visit by ministry Secretary-General Datuk Dr Anesee Ibrahim to Indonesia on Friday. During the visit, he attended a series of programmes, meetings, and courtesy visits with his Indonesian counterparts, which successfully opened new avenues and opportunities for enhanced bilateral cooperation in higher education between Malaysia and Indonesia. Indonesia remains one of the top countries sending students to pursue higher education in Malaysia, with 11,293 Indonesian students recorded as of March 2025. As of December last year, there were 464 collaboration agreements established between Malaysian and Indonesian higher education institutions, covering initiatives such as student and academic staff mobility for capacity-building programmes. In addition, the Malaysia International Scholarship initiative continues to offer opportunities for Indonesian students to further their studies at Malaysian institutions of higher education, with 21 students benefitting from the programme as of December 2024. "The ministry is confident that efforts to promote Malaysia as a preferred destination for international students will further enhance the country's image globally. "The higher education internationalisation policy, which is aligned with current global trends and demands, will help strengthen Malaysia's competitiveness on the world stage, in line with the core values of Malaysia Madani, namely sustainability, prosperity, creativity and confidence." – Bernama
