NEM has granted $ 120,000 to the development of blockchain in Malaysia

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The NEM.io Foundation in Malaysia will provide comprehensive assistance to existing blockchain projects, and will also support newly created start-ups.

The company NEM.io Foundation invested 120 thousand US dollars in the development of blockchain-start-ups in Malaysia, and also announced the opening of a blockchain center in this country.

The NEM.io Foundation in Malaysia will provide comprehensive assistance to existing blockchain projects, and will also support newly created start-ups. In addition, local companies will be assisted in the introduction of innovative blockchain technology into their structures to optimize work processes.

This step, according to representatives of the NEM.io Foundation, among other things, popularizes in the territory of Malaysia NEM cryptocurrency.

Stefan Chia, the head of the new division, said:

“In Malaysia, there are few specialists who know how to use blockchain. I believe that our thinking remains the main problem. For example, many people think that distributed registry technology is a complex technology only because of unusual terminology and unfamiliar words. “

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