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The Securities Commission Malaysia (SC) has announced the completion of a pilot project called Project Castor which sought to explore the technical implementation and feasibility of using blockchain technology as the underlying market infrastructure for unlisted and over-the-counter (OTC) markets. Datuk Syed Zaid Albar, chairman of Securities Commission Malaysia, announced...
Decentralized Alternative Cabs Serving & Empowering Everyone (DACSEE), a ride-hailing platform built on blockchain technology targeting the Asian market, has launched its mobile application, debuting in Malaysia, the startup announced on Wednesday. DACSEE is now available for Android users in Malaysia. The iOS app will be available on April 27....
The Securities Commission (SC) Malaysia is exploring the use of distributed ledger technology for the over-the-counter (OTC) market. The pilot project, run through SC's Alliance for Fintech (aFINity) program, aims to examine how blockchain could facilitate unlisted market activity and improve transparency. "Traditionally, the unlisted and OTC market space have...
The NEM.io Foundation, the creator of the NEM blockchain platform, has planned to spend US$40 million in the year to come to fuel global expansion, the organization said today. US$5 million will be allocated towards supporting blockchain companies incubated in the Blockchain Center. Scheduled to open in August 2017, the 10,000-square-foot...
Coinhako, a Singapore-based bitcoin wallet service provider and exchange platform, plans to raise a round of funding as the startup eyes further expansion in the Southeast Asian region. The move follows the company's launch in Malaysia in June, where it has already noticed "expeditious growth," according to Gerry Eng,...