MYEG


Associated tags: Cryptocurrency, Blockchain, Government, Verifiable credentials, Ministry, ASEAN, Information, Ministry of Industry and Information Technology, Information technology, Security (finance), Summer capital

Zetrix, Web3Labs & Summer Capital to Accelerate HK's Web3 Roadmap Initiatives

Retrieved on: 
Monday, January 22, 2024

Services Berhad ("MYEG"), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, today announced a strategic collaboration to propel Hong Kong's ("HK") Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for HK government-aligned applications.

Key Points: 
  • Services Berhad ("MYEG"), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, today announced a strategic collaboration to propel Hong Kong's ("HK") Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for HK government-aligned applications.
  • Zetrix is also assessing strategic investment in Web3Labs, gaining access to its extensive network of Web3 experts and ecosystem partners.
  • Such a move will further bolster Web3Labs' ability to support promising Global Web3 startups via HK's progressive Virtual Assets regulations.
  • "We are thrilled to partner with Web3Labs, a trusted leader in the Web3 space," said Wong Thean Soon, co-founder of Zetrix.

Zetrix, Web3Labs & Summer Capital to Accelerate HK's Web3 Roadmap Initiatives

Retrieved on: 
Monday, January 22, 2024

Services Berhad ("MYEG"), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, today announced a strategic collaboration to propel Hong Kong's ("HK") Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for HK government-aligned applications.

Key Points: 
  • Services Berhad ("MYEG"), Web3Labs Hong Kong, a Web3 development and investment powerhouse, and venture capital firm Summer Capital, today announced a strategic collaboration to propel Hong Kong's ("HK") Web3 ambitions and establish Zetrix as the preferred blockchain infrastructure for HK government-aligned applications.
  • Zetrix is also assessing strategic investment in Web3Labs, gaining access to its extensive network of Web3 experts and ecosystem partners.
  • Such a move will further bolster Web3Labs' ability to support promising Global Web3 startups via HK's progressive Virtual Assets regulations.
  • "We are thrilled to partner with Web3Labs, a trusted leader in the Web3 space," said Wong Thean Soon, co-founder of Zetrix.

Summer Capital Limited Announces Nodes Hosting on Zetrix Blockchain Network

Retrieved on: 
Tuesday, October 24, 2023

HONG KONG, Oct. 23, 2023 /PRNewswire/ -- Summer Capital Limited ("Summer Capital"), a leading investment management and advisory firm with a presence in Hong Kong and Southeast Asia, today announced its intention to host nodes on Zetrix, a public blockchain platform that operates the international supernode of China's national blockchain, Xinghuo BIF.

Key Points: 
  • HONG KONG, Oct. 23, 2023 /PRNewswire/ -- Summer Capital Limited ("Summer Capital"), a leading investment management and advisory firm with a presence in Hong Kong and Southeast Asia, today announced its intention to host nodes on Zetrix, a public blockchain platform that operates the international supernode of China's national blockchain, Xinghuo BIF.
  • "We are excited to partner with Zetrix to help them achieve their mission of enabling global trade, leveraging access to China's national blockchain, Xinghuo BIF," said Joseph Chee, Chairman of Summer Capital.
  • "We are honoured to have Summer Capital as our strategic partner" said TS Wong, Co-Founder of Zetrix.
  • Leveraging on their presence and network in Hong Kong will help us achieve the stated objectives of Zetrix."

Summer Capital Limited Announces Nodes Hosting on Zetrix Blockchain Network

Retrieved on: 
Tuesday, October 24, 2023

HONG KONG, Oct. 24, 2023 /PRNewswire/ -- Summer Capital Limited ("Summer Capital"), a leading investment management and advisory firm with a presence in Hong Kong and Southeast Asia, today announced its intention to host nodes on Zetrix, a public blockchain platform that operates the international supernode of China's national blockchain, Xinghuo BIF.

Key Points: 
  • HONG KONG, Oct. 24, 2023 /PRNewswire/ -- Summer Capital Limited ("Summer Capital"), a leading investment management and advisory firm with a presence in Hong Kong and Southeast Asia, today announced its intention to host nodes on Zetrix, a public blockchain platform that operates the international supernode of China's national blockchain, Xinghuo BIF.
  • "We are excited to partner with Zetrix to help them achieve their mission of enabling global trade, leveraging access to China's national blockchain, Xinghuo BIF," said Joseph Chee, Chairman of Summer Capital.
  • "We are honoured to have Summer Capital as our strategic partner" said TS Wong, Co-Founder of Zetrix.
  • Leveraging on their presence and network in Hong Kong will help us achieve the stated objectives of Zetrix."

MYEG PARTNERS CHINA'S BEITOU IT INNOVATION TO SHOWCASE DIGITAL IDENTITY CREDENTIALS SERVICE ON THE ZETRIX BLOCKCHAIN

Retrieved on: 
Monday, September 18, 2023

PETALING JAYA, Malaysia, Sept. 18, 2023 /PRNewswire/ -- MY E.G. Services Berhad ("MYEG") and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. ("Beitou IT Innovation") has entered into a collaboration to leverage on the Zetrix blockchain to offer cross-border credentials verification services, paving the way for the digitalisation of vital documents, including major government-issued identity credentials.

Key Points: 
  • Services Berhad ("MYEG") and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. ("Beitou IT Innovation") has entered into a collaboration to leverage on the Zetrix blockchain to offer cross-border credentials verification services, paving the way for the digitalisation of vital documents, including major government-issued identity credentials.
  • Harnessing the power of the blockchain, the partners conducted a public demonstration of an application that enables the issuance of digital driving licences as verifiable credentials, starting with Chinese nationals.
  • Chairman of Beitou IT Innovation Mr. Shuiping Lai said: "The collaboration with MYEG is a key step of our ASEAN business development.
  • The digital cross-border credential verification platform based on the international blockchain infrastructure is a very meaningful attempt for both MYEG and Beitou IT Innovation's professional digital teams.

MYEG PARTNERS CHINA'S BEITOU IT INNOVATION TO SHOWCASE DIGITAL IDENTITY CREDENTIALS SERVICE ON THE ZETRIX BLOCKCHAIN

Retrieved on: 
Monday, September 18, 2023

PETALING JAYA, Malaysia, Sept. 18, 2023 /PRNewswire/ -- MY E.G. Services Berhad ("MYEG") and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. ("Beitou IT Innovation") has entered into a collaboration to leverage on the Zetrix blockchain to offer cross-border credentials verification services, paving the way for the digitalisation of vital documents, including major government-issued identity credentials.

Key Points: 
  • Services Berhad ("MYEG") and China's state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. ("Beitou IT Innovation") has entered into a collaboration to leverage on the Zetrix blockchain to offer cross-border credentials verification services, paving the way for the digitalisation of vital documents, including major government-issued identity credentials.
  • Harnessing the power of the blockchain, the partners conducted a public demonstration of an application that enables the issuance of digital driving licences as verifiable credentials, starting with Chinese nationals.
  • Chairman of Beitou IT Innovation Mr. Shuiping Lai said: "The collaboration with MYEG is a key step of our ASEAN business development.
  • The digital cross-border credential verification platform based on the international blockchain infrastructure is a very meaningful attempt for both MYEG and Beitou IT Innovation's professional digital teams.

China national blockchain Xinghuo BIF appoints MyEG to own and operate Xinghuo International Supernode to connect China blockchain to global markets

Retrieved on: 
Thursday, November 17, 2022

SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode that will provide connectivity to the rest of the world at the 2022 China Internet Conference hosted by China's Ministry of Industry and Information Technology (MIIT) and Shenzhen Municipal People's Government. The agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard (DID) to gradually create the Web3 of China and beyond.

Key Points: 
  • SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G.
  • International enterprises including SAP and Siemens partnered with Xinghuo to promote global blockchain innovative applications.
  • Presently, Xinghuo BIF resolves approximately 100 million blockchain identifiers daily, placing it as the most actively used blockchain platform globally.
  • The international supernode will connect to MyEG's layer-1 permissioned public blockchain, Zetrix, which is fully compatible with Xinghuo.

China national blockchain Xinghuo BIF appoints MyEG to own and operate Xinghuo International Supernode to connect China blockchain to global markets

Retrieved on: 
Thursday, November 17, 2022

SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G. Services Bhd (MyEG) for MyEG to own and operate the Xinghuo International Supernode that will provide connectivity to the rest of the world at the 2022 China Internet Conference hosted by China's Ministry of Industry and Information Technology (MIIT) and Shenzhen Municipal People's Government. The agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard (DID) to gradually create the Web3 of China and beyond.

Key Points: 
  • SHENZHEN, China, Nov. 17, 2022 /PRNewswire/ -- China's national blockchain, Xinghuo Blockchain Infrastructure and Facility (XInghuo BIF) inked an agreement with MY E.G.
  • International enterprises including SAP and Siemens partnered with Xinghuo to promote global blockchain innovative applications.
  • Presently, Xinghuo BIF resolves approximately 100 million blockchain identifiers daily, placing it as the most actively used blockchain platform globally.
  • The international supernode will connect to MyEG's layer-1 permissioned public blockchain, Zetrix, which is fully compatible with Xinghuo.