MyEG expected to gain from blockchain usage

PETALING JAYA: MyEG Services Bhd is expected to benefit from the government’s announcement to implement blockchain technology on the handling of certificate of origins (COO) for Malaysian exports into China, says JP Morgan.

Earlier this month, the Investment, Trade and Industry Ministry (Miti) said the blockchain technology for the Preferential Certificate of Origin (PCO) system from China will facilitate the country’s exports to China.