Blockchain/Bitcoin
HSBC Succesfully Pilots Malaysia’s First Letter of Credit Transaction on the Blockchain
HSBC announced that it has successfully executed a live blockchain Letter-of-Credit (LC) transaction in Malaysia. The transaction involved the import of resin by Malaysia’s Simply Packaging Sdn Bhd (Simply Packaging) from a Singaporean company, both active players in the packaging
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CoinGecko Releases “Trust Score 2.0” to Improve Transparency Amongst Crypto Exchanges
Building upon the success of Trust Score, CoinGecko today announced Trust Score 2.0, which will bring about a more robust exchange ranking system. This was launched, following several high-profile cryptocurrency exchange closures and hacks during the first half of 2019,
Read MoreMalaysia Still Behind International Counterparts On Blockchain Patents
As blockchain and distributed ledger technology (DLT) move from their open source and peer-to-peer beginnings and enter the mainstream, companies are rushing to file patent applications. In this area, China-based companies largely dominate their international counterparts and have so far
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HelloGold Launches Their Gold-Based Savings App in Thailand
HelloGold, a gold-based savings platform, announced yesterday its expansion into the Thailand market. This news comes on the heels of their recent expansion in to Africa. Similar to its rallying call in Malaysia of investing into gold with as little
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3 Cryptocurrency Exchanges Granted Conditional Approval from Securities Commission Malaysia
Following the finalisation of the regulatory framework for cryptocurrency exchanges in Malaysia, Securities Commission Malaysia announced today that it has registered 3 recognised market operators to establish and operate digital asset exchanges in Malaysia. Also known to many as cryptocurrency
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Bursa Malaysia Taps Hong Kong Based Company to Build Blockchain Proof-of-Concept
Bursa Malaysia is right now utilising blockchain in a proof of concept geared towards greater transparency and smoother operations in the securities borrowing and lending (SBL) market. The project aims to ramp up efficiency, speed and capacity in securities in
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How 2 M’sians Built The 2nd Largest Crypto Aggregator Because They Were Annoyed
Malaysia-based and run CoinGecko could have seen the writing in the stone for CoinMarketCap’s recent scandals, since it came out that as much as 95% of spot Bitcoin trading volume has been “faked”. Even during its founding in 2014, the two CoinGecko
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Malaysian Blockchain Company Named One of APAC’s Top 10 In its Field
Celebrus Advisory, a consulting firm for blockchain technology has been named one of the Top 10 Best Blockchain Technology Consulting/Service Companies in Asia Pacific for 2019. This recognition is bestowed by APAC CIO Outlook, a Silicon Valley-based trade journal for
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AIA Director Quits His Job to Build Blockchain That Could Finally Simplify Selling Cars
“Buying a [car] is such a long and frustrating process,” lamented Arnold Aranez, CEO and founder of Cendol Technologies. “When I bought my second-hand car, the original importer put the wrong model details so when I tried to sell
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Securities Commission Malaysia Seeks Feedback for ICO Regulation
In recognition of the growing public interest in ICOs, its increasing popularity among business seeking to raise funds and a need for a well regulated space, the Securities Commission Malaysia (SC) has issued a consultation paper to seek the public feedback
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