The NEM.io Foundation has opened a blockhouse in Malaysia. The company allocated $ 120,000 to develop projects based on DLT technology in the country. This is written by Ethereum World News.
The NEM Malaysia Center will be engaged in the promotion of block-start-ups, as well as helping companies integrate distributed registry technology into their projects. NEM.io Foundation hopes to popularize its own XEM crypto currency in the region.
The task of the headquarters also includes informing the population about the possibilities of the blockade.
"There are few specialists in the country who know how to use this technology. I think that our thinking remains the main problem. For example, people may think that blocking is a complex technology only because of unusual words or terms, "said the regional head of the NEM Foundation, Stefan Chia.
Recall, in March NEM.io Foundation and Tech Bureau announced the start of closed beta testing of the Catachult engine block.