BUKIT JALIL, Jan 24 (Bernama) — In a significant step towards strengthening Malaysia’s position in the blockchain space, MIMOS Berhad and Masverse Sdn. Bhd. officially joined forces by signing a Memorandum of Understanding (MoU) on 23 January 2025 to advance Malaysia’s national blockchain ecosystem, focusing on MasChain, a robust Layer 1 blockchain infrastructure.
The collaboration highlights the transformative potential of blockchain technology to foster efficiency, transparency, and accountability in Malaysia. MasChain, as a locally developed Layer 1 blockchain network, is poised to address industry needs with secure and scalable solutions, including fintech advancements, supply chain traceability, Web3 platforms, and blockchain-based certification systems.