KUALA LUMPUR: MyEG Services Bhd
has announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MyIDSSB) to establish a blockchain-powered national digital identity (ID) ecosystem, the MyDigital ID Superapp, aimed at combating online fraud.
In a statement, MyEG said 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, the platform offers a comprehensive suite of tools. These include an e-wallet, news broadcasting and an open innovation software development environment for businesses and service providers to leverage MyDigital ID.
“MyEG, through its Layer One public blockchain network Zetrix, offers the most comprehensive global ID solution, supporting not only MyDigital ID but also the digital IDs of Chinese nationals and business entities, as well as the World network’s World ID,” it said.
The recent State of Scam Report 2024 revealed losses of RM54.02bil over the past year due to scams. — Bernama
