BUKIT JALIL, January 27 — MIMOS Berhad and Masverse Sdn. Bhd. have joined forces to propel Malaysia’s blockchain ecosystem through the development of MasChain, a robust Layer 1 blockchain infrastructure. The collaboration, formalized through a Memorandum of Understanding (MoU) on January 23, underscores the transformative potential of blockchain technology in fostering transparency, efficiency, and accountability across various sectors, including fintech, supply chain traceability, and Web3 platforms.
Acting President and Group CEO of MIMOS, Dr. Saat Shukri Embong, highlighted this partnership as a milestone in Malaysia’s digital transformation, emphasizing MasChain’s role in unlocking opportunities for businesses and public entities. Masverse CEO Chew Kian Kok added that the collaboration positions MasChain as a strategic partner in Malaysia’s blockchain ecosystem, paving the way for innovative applications and national progress in the digital economy.
