Hatten Land, Enjinstarter ink pact to promote digital economy in Melaka

SINGAPORE: Singapore-listed Hatten Land group has signed a pact with Prakal Pte Ltd to develop a dedicated token system and create digital assets, including non-fungible tokens (NFTs), to promote the development of the digital economy in Melaka.

Hatten Land Ltd, which has hotels and retail malls in Melaka, said the collaboration between its wholly-owned subsidiary Hatten Technology (S) Pte Ltd and Prakal (also known as EnjinStarter) would promote physical and digital tourism as well as e-commerce activities in the historical Malaysian city through blockchain technology.