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科学上网(www.tg888.vip)_MY EG'S Zetrix partners Xinhuo BIF to introduce blockchain-based services to international markets

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KUALA LUMPUR: My E.G. Services Bhd’s (MYEG) blockchain platform, Zetrix and China's Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF) have jointly introduced blockchain-based services that pave a major milestone in enabling cross-border business with China on the blockchain.

In a filing to Bursa Malaysia, MYEG said the two parties have introduced Blockchain-based Identifiers (BID)/Verifiable Credentials (VC) and Blockchain-based E-signing services to international markets.

The BID, an official decentralised identifiers (DID) method listed in the DID Specification Registry of the World Wide Web Consortium (W3C), is a new approach to realise decentralised identity based on Xinghuo BIF.

"The initial phase of the BID rollout will include the introduction of Chinese-related credentials, agreements and the corresponding legal frameworks that would serve as the foundation for the establishment of such agreements.

"Zetrix will connect Chinese parties signing on the domestic Xinghuo BIF network with their international counterparts signing on the Zetrix network,” MYEG said.

The BID service is an extension of the existing Xinghuo BID and Xinghuo Blockchain-based E- Signing services that were officially deployed in February 2022.

On Oct 12, 2021, a memorandum of understanding between the China Academy of Information and Communications Technology (CAICT) and MYEG, which established the Zetrix chain, announced the strategic cooperation framework between Xinghuo BIF and Zetrix as the international infrastructure to connect China’s Xinghuo network to international markets.

MYEG group managing director TS Wong said BIDs and VCs are critical building blocks of more interconnected Web3 services.

"They are the foundational tools that decentralised apps can call upon to deliver a myriad of new services that would unleash the full potential of blockchain platforms,” he said.

Meanwhile, trading in MYEG's securities was halted effective 2.30 pm and resumed trading from 3.30 pm today. - Bernama


转载说明:本文转载自Sunbet。

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  • 2023-01-31 00:26:55

    进入学校后,陈恒一直绷紧“精益求精”的弦,不断在专业上追求突破。他的努力被老师看在眼里,2017年被推荐代表学校参加中国技能大赛“全国智能制造应用技术技能大赛——切削加工智能制造单元生产与管控项目”和“华中数控杯”机器人装调与智能加工单元应用大赛。“集训的一个多月里,我除了上专业课,就是和队友待在生产车间抓紧练习,每天从7时30分开始,一直练到21时结束。”功夫不负有心人,陈恒在两个大赛上均斩获一等奖。还会评论的