Close Menu
    • Fintech Startups Malaysia – List of Fintech Startups and Fintech Companies in Malaysia
    • About Fintech News Network
    • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit Fintech Startup
    • Submit Press Release
    • Submit Interview Request
    • Submit Fintech Event
    • Webinar Inquiry APAC
    LinkedIn Facebook X (Twitter) YouTube RSS
    • About
      • About Fintech News Network
      • Work With Us
    • Contact Us
    • Media Kit
    • Advertise With Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit
      • Submit Press Release
      • Submit Fintech Startup
      • Submit Interview Request
      • Submit Fintech Event
      • Submit Your Vacancy
      • Webinar Inquiry APAC
    • Fintech Events in Malaysia
    • MY Fintech Startup Directory
    Fintech News Malaysia
    part of Fintech News Network

    Fintech News Network

    LinkedIn Facebook X (Twitter) Instagram YouTube TikTok RSS
    Free Newsletter
    • Blockchain
    • Digital Banking
    • Lending
    • Payments
    • Insurtech
    • Wealthtech
    • Regtech
    • Report
    • Startups
    • Events
    Fintech News Malaysia

    Fintech News Network

    Home»Blockchain/Bitcoin»MIMOS Partners with Sam Altman’s Worldcoin to Explore Digital Identity Solutions
    Blockchain/Bitcoin

    MIMOS Partners with Sam Altman’s Worldcoin to Explore Digital Identity Solutions

    Fintech News MalaysiaFintech News MalaysiaAugust 19, 20242 Mins Read
    LinkedIn Facebook Twitter Copy Link Telegram Email
    Malaysia Considers Local Manufacturing of Worldcoin's 'Orb' Device for Blockchain KYC
    Share
    LinkedIn Facebook Twitter Telegram Copy Link Email
    Free Newsletter

    Get the hottest Fintech Malaysia News once a month in your Inbox

    MIMOS Berhad, the applied research and development arm of the Malaysian Government, has signed a Memorandum of Understanding (MOU) with the Worldcoin Foundation, Tools for Humanity (TFH), and MY E.G. Services Berhad (MYEG) to integrate Worldcoin’s technology into Malaysia’s digital infrastructure.

    The collaboration seeks to advance the digital proof of humanness through iris imaging technology developed by TFH as part of the Worldcoin project.

    This partnership builds on the October 2022 MOU between MYEG and MIMOS to develop and operate Malaysia’s Blockchain Infrastructure (MBI).

    The latest agreement aims to leverage the Worldcoin protocol and TFH technologies to enhance ongoing and future efforts related to digital credentials.

    In addition to exploring the local manufacturing of Worldcoin’s Orb, the partnership will also focus on bridging Worldchain with Malaysia’s National Blockchain Infrastructure.

    The Orb is a hardware device designed for human verification, and the partnership will assess the feasibility of producing these devices locally.

    The Worldcoin Foundation will ensure its technology remains open-source and freely available, while TFH will provide technical expertise for the Orb and World App integration.

    MYEG will play a key role in technical integrations and hardware deployment to support MIMOS’s initiatives.

    The partnership comes amid growing scrutiny of Worldcoin’s activities in Hong Kong, where the project has faced privacy concerns.

    The Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) recently found that Worldcoin’s project breached privacy laws, particularly in how biometric data was collected and used without proper consent and safeguards.

    As part of the collaboration, the entities aim to improve the security, efficiency, and scalability of Malaysia’s digital platforms, enhancing trust in online transactions and supporting innovation.

    The initiative also focuses on building a skilled workforce through training and educational programmes to ensure Malaysians are equipped to thrive in the digital age.

    This partnership highlights Malaysia’s efforts in digital transformation while incorporating cryptographic solutions like Worldcoin’s secure multi-party computation (SMPC) system.

    The SMPC system enhances privacy by dividing iris codes into separate components, enabling verification without disclosing personal information.

     

    Featured image credit: Edited from Freepik

     

    MIMOS MYEG Worldcoin
    Share. LinkedIn Facebook Twitter Telegram Copy Link Email

    Author

    Avatar photo
    Fintech News Malaysia
    • Facebook
    • X (Twitter)

    Related Posts

    Binance Remains Unlicensed in Malaysia as Website and App Stay Blocked

    July 17, 2026

    Zetrix AI to Help Philippines Verify Government Credentials on Blockchain

    July 8, 2026

    AirAsia MOVE Eyes Stablecoin Payment Option for Kazakhstan Travellers

    May 25, 2026

    From RM1, Janjilah Brings Blockchain Proof to Everyday Digital Agreements

    May 25, 2026

    Malaysia Updates Digital Asset Guidelines With New Investor Safeguards

    May 20, 2026

    Malaysia’s First Tokenised Sukuk Completes Settlement With V Systems

    May 13, 2026

    Hata Becomes Malaysia’s First Shariah-Certified Digital Asset Exchange

    May 5, 2026

    V Systems Designs Frameworks for Khazanah’s Tokenised Sukuk Pilot on Aeris Chain

    May 4, 2026
    Security

    How to Turn Identity Fraud Data Into Active Defense Against AI

    July 2, 2026
    Fintech Malaysia Newsletter
    Subscribe to the most important Fintech Malaysia News
    Follow Us
    • LinkedIn
    • Facebook
    • X / Twitter
    • Instagram
    • YouTube
    • TikTok
    MY Fintech Startup Directory

    Malaysia Fintech Startup Directory

    Security Regtech/Regulation Sponsored

    A Complete AML System Can Reduce Compliance Costs by 50%

    Fintech News MalaysiaJuly 15, 2026
    Featured Fintech Webinar

    Entrust Webinar

    Featured Fintech eBook

    Own Your Cloud. Control Your Data. Power Your Future.

    Featured Fintech Report

    ZIGRAM

    Featured Fintech Event

    Hong Kong FinTech Week and StartmeupHK

    Featured Fintech Videos

    Tazapay

    Banks Are Not Ready for AI

    Featured Webinar Replay

    Featured Fintech Job

    Sales Operations Associate

    Whitepapers & E-Books
    Own Your Cloud. Control Your Data. Power Your Future.
    Own Your Cloud. Control Your Data. Power Your Future.
    time
    20 Things That Make The Complete AML System
    20 Things That Make The Complete AML System
    ZIGRAM
    Upcoming Fintech Events
    Fintech Revolution Summit – Malaysia 2026
    July 23, 2026
    Malaysia
    -
    Kuala Lumpur
    What Will The Bank of 2030 Look Like?
    August 4, 2026
    Featured Online
    When Account Takeover Moves Past Onboarding
    August 19, 2026
    Featured Online
    BankTech Asia - Kuala Lumpur Series
    August 26, 2026
    Malaysia
    -
    Kuala Lumpur
    BFSI IT Summit 2026
    September 9, 2026
    Malaysia
    -
    Kuala Lumpur
    Promote Event View More
    Fintech Jobs
    Rating
    Regional Lead Product Manager - Core Experience & Loyalty
    Selangor, Full-Time
    GXBank
    Director, AP SME Acceptance
    Kuala Lumpur, Full-Time
    Mastercard
    Malaysia Country Manager
    Kuala Lumpur, Full-Time
    Wise
    Head of PayNet Rules
    Kuala Lumpur, Full-Time
    PayNet (Payments Network Malaysia)
    Director, Credit Risk Business Development
    Kuala Lumpur, Full-Time
    Mastercard
    Navigation
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Your Vacancy
    • Submit Interview Request
    • Fintech Events in Malaysia
    • Malaysia Fintech Startup Directory – List of Fintech Startups and Fintech Companies in Malaysia
    • Privacy Policy / Disclaimer
    Other Fintech News Network Publications
    Fintech News Malaysia
    Fintech News Singapore
    Fintech News Hong Kong
    Fintech News Philippines
    Fintech News Network Indonesia
    Fintech News Network Thailand
    Fintech News Switzerland
    Fintech News Baltic
    Fintech News Nordics
    Fintech News America
    Fintech News Network UAE
    Fintech News Africa
    Get Informed

    Subscribe to Updates

    Subscribe to the most important Fintech Malaysia News

    LinkedIn Facebook X (Twitter) YouTube RSS
    • About Fintech News Network
    • Advertise With Us
    • Media Kit
    • Work With Us
    • Contact Us
    • Fintech Malaysia Newsletter
    • Submit Press Release
    • Submit Fintech Startup
    • Submit Fintech Event
    • Submit Your Vacancy
    • Submit Interview Request
    • Fintech Events in Malaysia
    • Malaysia Fintech Startup Directory – List of Fintech Startups and Fintech Companies in Malaysia
    • Privacy Policy / Disclaimer
    © 2015 - 2026 Copyright CK Finanzpro GmbH. All Rights reserved.

    Type above and press Enter to search. Press Esc to cancel.