Malaysian Remittance Embraces Hybrid ‘Dragonfly Fintech’ Blockchain

Malaysian Remittance Embraces Hybrid ‘Dragonfly Fintech’ Blockchain

Blockchain technology will be making its way to Malaysian wholesale and remittance company Metro Money Exchange shortly. The licensed enterprise signed a deal with Dragonfly Fintech to use the New Economy Movement’s blockchain technology. The name Dragonfly Fintech will ring a bell for some, as the company is using a hybrid form of distributed ledger....


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Malaysia Takes Early Steps to Develop its Blockchain Industry

An independent Malaysian non-profit industry-government group is leading the effort to foster and develop the local blockchain industry in the country. The Malaysian Industry-Government Group for High Technology (MiGHT), an industry-government think tank that advocates and develops the country’s high technology agenda, is taking the first steps toward establishing Malaysia’s blockchain industry. MiGHT is collaborating with Bloktex, a cryptocurrency and blockchain advocacy body based in the Malaysian capital of Kuala Lumpur, toward this effort, according to a regional report. The....