Zetrix and Beitou Launch Digital ID & Driver's Licence Services on Blockchain
KUALA LUMPUR, Malaysia, Dec. 10, 2023 /PRNewswire/ -- Zetrix, a layer 1 public blockchain platform, today announced the launch of its groundbreaking Digital Credentials platform, ushering in a new era of secure, convenient, and interoperable credentials verification. This innovative solution addresses the challenges of traditional paper-based credentials, offering a range of benefits that will transform the way individuals, organisations, and governments interact in the digital realm.
- The launch marks the commercialisation of the collaboration announced on 18th September 2023 between Malaysia's MY E.G.
- Services Berhad and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co Ltd ("Beitou"), the IT arm of Guangxi Beibu Gulf Investment Group listed as one of China's Top 500 enterprises.
- The launch was held on 9th December 2023 at Ritz-Carlton Hotel Kuala Lumpur and officiated by Malaysia's Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi.
- The digital credentials service exemplifies the World Wide Web Consortium (W3C) standards of Verifiable Credentials and Decentralised Identifiers as Self-Sovereign Identity.