KUALA LUMPUR, June 16 — The Malaysia Automotive Robotics and IoT Institute (MARii), Geno Group, and ACO Tech have jointly released a comprehensive White Paper Version 1, exploring blockchain technology and token-based economic solutions, or tokenomics, within Malaysia’s mobility ecosystem. This initiative represents a pivotal step in applying Web 3 powered Direct-to-Customer (W3-D2C) technology to support sustainable business growth.
The white paper details how the commercialized tokenomics approach will complement MARii and ACO Tech’s solutions for the e-Mobility Service Platform (eMSP), integral to the Government’s Connected Mobility Vision. This aligns with the National Automotive Policy 2020 (NAP 2020) to accelerate xEV infrastructure development in Malaysia. Ensuring compliance with existing legal frameworks, the initiative emphasizes data privacy, data monetization, and fostering a sustainable ecosystem to attract long-term strategic investors.
By deploying blockchain technologies and smart contracts, the engagement between brand owners, vendors, and customers is enhanced, securing funding for infrastructure and ensuring returns on investment through long-term contracts with guaranteed benefits.
