blockchain growth in Malaysia

[tiar4dewie]

I don't understand how. But does it have the same basic between blockhain as far as I know it only handles finance with documentation problems of a citizen. Even this will make a person's identity more difficult to trace.

[teejayrichard2]

this is good and those who believe in bitcoin are happy such a growth is taking place in bitcoin growth in Malaysia. this shows countries are beginning to see the benefit in blockchain technology and bitcoin and soon enough most countries will adopt and accept the use of bitcoin

[kryptqnick]

I am happy with the growth of blockchain technology in several countries such as South Korea, Venezuela, Japan, China, they began to believe in this new technology, and a few days ago Malaysia has a plan for using blockchain technology to prevent fake diplomas.

The Malaysian Ministry of Education says that fake diplomas can be easily obtained in the online world.

they have plans to explore the world of technology in the world of academia. and academic certification will use the NEM blockchain.

What is the role of blockchain in your country to prevent any fake documents?

Wow, that's an interesting blockchain application! If fake diplomas are really common in this country, it surely makes sense to adopt a technology that will allow 100% guarantee that this will never happen again. Malaysia is 62nd out of 175 countries in the list based on the corruption rate. While faking a diploma is going to be hard, what prevents a person from bribing the officials to get the grades for all of the courses that were never really taken and then get a 'real' diploma, backed up by blockchain technology? My country's level of corruption is about twice as high, and I am pretty sure that's what people would do here if blockchain was adopted in the same way... Using blockchain for tickets, votes and IDs, however, could be really helpful here.

[absurde]

it's nice to see something on blockchain which can adotable to daily life. Malaysia doing great things, it's very nice start for Asian countries.

[Halmater]

As usage of blockchain technology and each of people individually experience its benefits, improvement and development of cryptocurrencies will keep on. It is good to see such applications in our daily life.

[Gary Levanevskii]

I heard that he is implementing several projects in Malaysia. I think Malaysia is a good market for some blockchain projects.

[Timmzzy]

I am happy with the growth of blockchain technology in several countries such as South Korea, Venezuela, Japan, China, they began to believe in this new technology, and a few days ago Malaysia has a plan for using blockchain technology to prevent fake diplomas.

The Malaysian Ministry of Education says that fake diplomas can be easily obtained in the online world.

they have plans to explore the world of technology in the world of academia. and academic certification will use the NEM blockchain.

What is the role of blockchain in your country to prevent any fake documents?

Now tell me who don't believe in Cryptocurrency like I said in almost all post I made that Crypto is here to stay for good and for the benefit of mankind, generations to come will know about it. Now is taking part in the education sector and is really moving.

[mohammedmattar]

Malaysia will be one of the leading countries in Blockchain technology
And encryption as well
There are many projects that have serious discussions and future agreements
With the Government to adopt some tokens as payment methods
like KITTOKEN project.

[CryptoGamblingSites]

Malaysia needs bitcoin more than it needs blockchain.

https://www.straitstimes.com/business/malaysian-ringgit-continues-slide-against-singdollar

The currency continues to lose value, they can store wealth in digital gold that bitcoin offers.

Blockchain = Banks/Governments

Bitcoin = Decentralized store of wealth

The Ringgit won't be "fixed" by the bank that constantly manipulates it, so hopefully more Indonesians can hold bitcoin more now.

[Jating]

I heard that he is implementing several projects in Malaysia. I think Malaysia is a good market for some blockchain projects.

Developing countries can really benefited from Blockchain Technology. Obviously, they are still on the development phase and using Blockchain at this early stage will move them toward a 1st world very quick with the help of this technology.

But I was quite surprised though with using NEM, why not Ethereum though? Who advises them to used NEM?

[Ziskinberg]

I am happy with the growth of blockchain technology in several countries such as South Korea, Venezuela, Japan, China, they began to believe in this new technology, and a few days ago Malaysia has a plan for using blockchain technology to prevent fake diplomas.

The Malaysian Ministry of Education says that fake diplomas can be easily obtained in the online world.

they have plans to explore the world of technology in the world of academia. and academic certification will use the NEM blockchain.

What is the role of blockchain in your country to prevent any fake documents?

That's how useful blockchain is and I'm happy to see that they are using crypto which is NEM.
Adoption will continue, Malaysia does not belong to big countries but they are following what big countries are doing, this is what decentralization can do and I'm very optimistic that more and more countries will adopt with crypto and some countries who currently ban it, might change their minds and lift the ban.

[Farahtenan]

I am happy with the growth of blockchain technology in several countries such as South Korea, Venezuela, Japan, China, they began to believe in this new technology, and a few days ago Malaysia has a plan for using blockchain technology to prevent fake diplomas.

The Malaysian Ministry of Education says that fake diplomas can be easily obtained in the online world.

they have plans to explore the world of technology in the world of academia. and academic certification will use the NEM blockchain.

What is the role of blockchain in your country to prevent any fake documents?

The Malaysian state's steps are indeed good and this can be an example of other countries that have not received crypto properly.
But it must also be prevented so that no fake diplomas are circulated, this is very vulnerable to fraud.

[boyptc]

I just say wow with that real world adoption that Malaysia did by applying blockchain to detect fake diplomas.

Nem's blockchain is becoming popular and I'm following them on their social media account. They really are pushing real world adoption and I can see that they really work hard for corporations to be open and understand blockchain.

[perla]

In my country there are no regulation yet about crypto and blockchain that is why i only said that. But if blockchain can growth in Malaysia as title of this topic, it will be better if blockchain can adopted by other countries too.

[Pffrt]

As days go, people will more be likely to utilize and depend on blockchain. Blockchain has one of the greatest feature of being immutable. Anyway, most of the countries are now getting integrated with blockchain projects although in my country, it is still a dream.

[kelz1]

Malaysia is not known for being a country with modern technology. However it's neighbour is home to kucoin and other crypto companies so it makes sense for Malaysia to get on board

[mich]

"Powered by Alipay’s blockchain technology, the service enables Pakistanis living in Malaysia to send money home instantly and securely through Telenor’s remittance service provider - Valyou"
https://www.businesswire.com/news/home/20190108005651/en/Blockchain-Technology-Backed-Home-Remittances-Malaysia-Pakistan

Here's an article from Dec 18, discussing First Ever Blockchain Bank To Be Established in Malaysia
https://www.btcwires.com/c-buzz/first-ever-blockchain-bank-to-be-established-in-malaysia/

[Viscore]

"Powered by Alipay’s blockchain technology, the service enables Pakistanis living in Malaysia to send money home instantly and securely through Telenor’s remittance service provider - Valyou"
https://www.businesswire.com/news/home/20190108005651/en/Blockchain-Technology-Backed-Home-Remittances-Malaysia-Pakistan

Here's an article from Dec 18, discussing First Ever Blockchain Bank To Be Established in Malaysia
https://www.btcwires.com/c-buzz/first-ever-blockchain-bank-to-be-established-in-malaysia/

Lots of good news involving Malaysia, they are really moving with the blockchain and their government is supporting it.
Every country can adopt blockchain and crypto if their government will support them, because their government can indorse to their people, so we should end this regulation problem and get the government educated with the real purpose of crypto.

This is one example of a good purpose.

To verify academic certification and other importen  document seems like an excellent use case for the blockchain, no one can go back and change old dokument once they are added to the blockchain.

[michellee]

I am happy with the growth of blockchain technology in several countries such as South Korea, Venezuela, Japan, China, they began to believe in this new technology, and a few days ago Malaysia has a plan for using blockchain technology to prevent fake diplomas.

The Malaysian Ministry of Education says that fake diplomas can be easily obtained in the online world.

they have plans to explore the world of technology in the world of academia. and academic certification will use the NEM blockchain.

What is the role of blockchain in your country to prevent any fake documents?

It's good news to know that one country in Asia will use blockchain and they decide to use NEM blockchain, and I am sure this will trigger NEM to increase higher. But I don't know how to solve the problem about fake documents because so far, I still read on the newspaper, many people trying to make fake documents for the legality or to completeness requirement to search a job. Maybe they need to create a system that can prevent fake document being used for illegal things. And the most important, people need to know that they don't have to try to make a fake document.

[maldini]

A very interesting development, so far Malaysia is like sleeping in digital technology and now this country makes a very interesting idea and maybe this will lift the crypto degree there.