KUALA LUMPUR, Feb 14 — MY EG Services Bhd’s blockchain infrastructure Zetrix has been selected by the Chinese government as a component of its government-to-government collaborative research programme leading to commercialisation.
MYEG said that UM and CAICT’s project entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” was selected as part of the intergovernmental collaboration between Malaysia and China in the field of science, technology and innovation. MYEG said that the research would involve proposing a system that could prevent fraud in supply chain processes using blockchain technology for cross-border trade.