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

    Hata Reports 315% Growth as Transactions Hit RM1.04 Billion

    April 2, 2026

    Maybank Completes On-Chain Transaction in MYR-SGD Tokenised Deposit Pilot

    March 30, 2026

    Luno Lists 29 New Digital Assets for Trading in Malaysia, Its Largest Batch Yet

    March 30, 2026

    Kenanga Establishes KDX as Its Subsidiary After Raising Stake to 81.7%

    March 23, 2026

    How to Buy Cryptocurrency in Malaysia (2026)

    March 16, 2026

    Bursa Malaysia Moves Toward Digital Currency ETF Listings With Public Consultation

    March 16, 2026

    Step-by-Step Guide On How to Buy Bitcoin Legally in Malaysia

    March 12, 2026

    Kenanga Introduces Malaysia’s First Tokenised Money Market Funds

    February 26, 2026
    AISponsored

    Alvin Feng on Huawei’s Vision for AI-Driven Banking at MWC 2026

    March 25, 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

    AI Insurtech Sponsored

    Alex Tan Wants to Make an IIMMPACT on Malaysia’s Digital Payment Rails

    Izzat Najmi AbdullahApril 7, 2026
    Featured Fintech Webinar

    Fireblocks

    Featured Fintech Events

    Money2020 Asia

    RiskReady 2026 Malaysia

    Featured Fintech Report

    Identity Fraud Report 2025-2026

    Featured Fintech Videos

    AI Pilots Fails

    dtcpay

    Featured Webinar Replay

    Webinar - Inside Asia Pacific’s Fraud Crisis and the Battle to Stop It

    Whitepapers & E-Books
    Identity Fraud Report 2025-2026
    Identity Fraud Report 2025-2026
    Sumsub
     The Tipping Point for Innovation in B2B Payments
    The Tipping Point for Innovation in B2B Payments
    Visa Direct
    Upcoming Fintech Events
    Why Stablecoins May Become The Backbone of 24/7 Global Trade
    April 15, 2026
    Featured Online
    Risk Ready Kuala Lumpur 2026
    May 7, 2026
    Malaysia
    -
    Kuala Lumpur
    Featured
    Money20/20 Asia 2026
    April 21, 2026
    -
    April 23, 2026
    Thailand
    Featured
    ASEAN Fintech Forum 2026
    April 16, 2026
    Malaysia
    -
    Kuala Lumpur
    Digital Transformation Summit - Malaysia 2026
    April 23, 2026
    Malaysia
    -
    Kuala Lumpur
    Promote Event View More
    Featured Fintech Job

    Fintech Job - Partnerships Executive-2

    Fintech Jobs
    Rating
    Manager, Credit Risk
    Petaling Jaya, Full-Time
    Grab
    Principal Account Manager, Malaysia FSI
    Kuala Lumpur, Full-time, On-site
    Amazon Web Services
    Account Manager - Fintech Media (Sponsored Content Solutions)
    Full-time, Remote
    Fintech News Network
    Senior Video Producer & Editor
    Remote, Contract
    Fintech News Network
    Campaign Operations Manager
    Full-time, Remote
    Fintech News Network
    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.