MIMOS Berhad, a strategic agency for technology under the Malaysian government, and MY E.G. Services Berhad, a Malaysia-based digital services company, have announced the operationalization of the Malaysia Blockchain Infrastructure (MBI), a neutral and trusted platform for digital services and innovation across sectors, to boost Malaysia’s digital economy and in support of the government digital asset initiative.

The duo said in a statement on Tuesday that 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.

According to the statement, 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.

The MBI also plays a vital role in streamlining a wide range of digital assets, including MyDigitalID verifiable credentials, non-fungible tokens (NFTs), and decentralized finance (DeFi) applications, increasing accessibility to blockchain technology by simplifying the user experience and enabling broader participation for non-technical users.

It is noted that 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 tokenization 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 also aims to foster innovation and interconnectivity across platforms, enhance decentralized transaction security, promote an inclusive digital economy, and ensure greater security and transparency in digital transactions, making blockchain technology more accessible and catalyzing innovation across all sectors.

Guided by the MADANI core values of Sustainability (Kemampanan), Prosperity (Kesejahteraan), Innovation (Daya Cipta), Respect (Hormat), Trust (Keyakinan), and Compassion (Ihsan), the statement said MBI is redefining the way the market interacts with blockchain technology.

By offering unified access across platforms, MBI simplifies cross-chain transactions, eliminating the complexities of navigating multiple systems.

“MBI will drive competitiveness, positioning Malaysia as a regional leader in blockchain adoption and development, potentially attracting investment and highly-skilled talent,

“More importantly, it embodies digital inclusivity, making blockchain technology accessible to all Malaysians, regardless of their technical expertise. This streamlined approach enhances liquidity by aggregating resources from various platforms, enabling faster, more efficient, and cost-effective trading,” said Dr. Saat Shukri Embong, MIMOS Acting President and Group Chief Executive Officer.

“As a catalyst for Malaysia’s digital transformation, MBI is driving technological progress and contributing to the greater well-being of Malaysians and the nation,

“This platform is a testament to MIMOS’, MOSTI’s, and the MADANI Government’s commitment to ensuring that the benefits of this transformative technology are shared equitably, driving sustainable economic growth and societal progress,” he added.

As the nation’s applied research and development centre, MIMOS said the firm is pivotal in driving blockchain adoption.

According to the statement, MBI aims to address the challenges of a fragmented ecosystem by unifying diverse platforms.

It uses MYEG’s blockchain infrastructure, Zetrix, as its core chain, working in tandem with other public chains like Ethereum, Solana, and Private Blockchains to create a single interface.

All stakeholders, industry, researchers, and policymakers must maintain a strong collaborative spirit to bring this initiative to fruition, and a robust public and private partnership is essential for Malaysia to establish an inclusive, sustainable, and resilient blockchain ecosystem regionally, said the statement.

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