MYEG, Universiti Malaya add AI to ongoing collaborative research with China under G2G program
By Digital News Asia June 15, 2023
- Leverage AI to further streamline & optimise the cross-border trade processes
- One of 14 nations in program with Ministry of Science and Technology of China
MY E.G. Services Bhd, the developer of the public Layer-1 blockchain platform Zetrix, and Universiti Malaya (UM) yesterday announced the expansion of their research collaboration with China Academy of Information and Communications Technology (CAICT) to include the development of Artificial Intelligence (AI) under the existing intergovernmental research collaboration.
This expansion is a follow-on to the “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” project initiated in February 2023 which was selected as part of the intergovernmental collaboration between Malaysia and China in the field of Science, Technology and Innovation. Initiated by the , Malaysia is one of 14 countries participating in the government-to-government (G2G) programme.
![MYEG, Universiti Malaya add AI to ongoing collaborative research with China under G2G program MYEG, Universiti Malaya add AI to ongoing collaborative research with China under G2G program](/sites/default/files/images/Managing%20director%20of%20MYEG%2C%20TS%20Wong%20horizontal.jpg)
"AI and Web 3 are the two key complementary technologies that will disrupt the whole spectrum of digital services," said TS Wong (pic), Managing Director of MYEG. "Web3 provides the architecture that supports the deployment of AI functionalities on authenticated digital assets," he said, adding, "Our partnership with UM and CAICT continues to be instrumental in our journey towards leveraging 4th Industrial Revolution technologies to transform cross border trade and settlement."
The addition of AI to the scope of this tri-partite collaboration is timely and comes even as Zetrix continues to lead the way in the deployment of services that are at the intersection of blockchain and AI. Last month, Zetrix successfully deployed its Digital Identity Service, a W3C-compliant pioneering decentralised identity service that enables online engagements with real humans to be verified and distinguished from those with AI agents.
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