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    MYEG Partners with MyDigital ID Solutions to Establish Malaysia's Digital Identity Ecosystem

    Web 3 Platform Will Be Built on Malaysia Blockchain Infrastructure

    PETALING JAYA, Malaysia, Jan. 24, 2025 /PRNewswire/ -- Malaysia's leading digital services company MY E.G. Services Berhad ("MYEG") is proud to announce a strategic collaboration with MyDigital ID Solutions Sdn Bhd ("MYIDSSB") to establish a blockchain powered national digital identity ecosystem, the MyDigital ID Superapp, marking a major advancement in the battle against online fraud.

    MYEG Partners with MyDigital ID Solutions to Establish Malaysia’s Digital Identity Ecosystem

    This groundbreaking partnership between MYEG's wholly-owned subsidiary MYEG Alternative Payment Services Sdn Bhd and MYIDSSB underscores both organizations' commitment to driving technological innovation and enhancing the digital ecosystem in Malaysia.

    The MyDigital ID Superapp will provide a seamless, secure, and scalable solution for integrating digital identity management for commercial service providers. Built on the Malaysia Blockchain Infrastructure—a national initiative under the National research & development agency, MIMOS—the platform offers a comprehensive suite of tools, including an ewallet, news broadcasting, and an open innovation software development environment for businesses and service providers to leverage MyDigital ID.

    More importantly, this initiative is timely as it comes amid increasing calls by thought leaders and policymakers at various China-ASEAN ministerial events for the establishment of interoperable digital standards and blockchain-based identity verification systems to safeguard online security and combat fraud.

    MYEG, through its Layer 1 public blockchain network Zetrix, offers the most comprehensive global ID solution, providing support for not only MyDigital ID, but also digital IDs of Chinese nationals and business entities as well as the World network's World ID.

    Enabling Businesses and Commercial Services

    The MyDigital ID Superapp opens up a world of opportunities for businesses and commercial service providers. By leveraging the national MyDigital ID, companies can seamlessly integrate digital identity verification for direct logins into their existing mobile applications or offer their services as miniapps within the Superapp. This integration eliminates the need for multiple authentication systems, streamlines onboarding processes, and enhances customer experiences, ultimately reducing costs and increasing operational efficiency.

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    MYEG Partners with MyDigital ID Solutions to Establish Malaysia's Digital Identity Ecosystem Web 3 Platform Will Be Built on Malaysia Blockchain Infrastructure PETALING JAYA, Malaysia, Jan. 24, 2025 /PRNewswire/ - Malaysia's leading digital services company MY E.G. Services Berhad ("MYEG") is proud to announce a strategic collaboration with …