Qitmeer and MIFA sign strategic memorandum of understanding

Qitmeer signed a strategic MoU with the Malaysian Industrial Frontier Association (MIFA) at the INDUSTRY 4WRD FORUM 2022 held in Kuala Lumpur, Malaysia on 27 January 2022. The forum was chaired by His Excellency Dato’ Ahmad Amzad bin Hashim, Deputy Minister of Science, Technology and Innovation of Malaysia and the MoU was also witnessed by His Excellency.

Qitmeer is the first public chain dedicated to serving the ethical finance, socially responsible investment and Islamic finance ecosystem, aiming to serve as a holistic financial infrastructure to seamlessly enhance financial inclusion. Qitmeer is a new generation of public chain based on Block DAG, which adopts a collaborative mining model based on the traditional competition model, thus achieving an ideal balance of typical blockchain indicators, namely security, decentralization and scalability.

About MIFA

MALAYSIA INDUSTRY FORWARD ASSOCIATION, MIFA is a leading community platform that provides outstanding membership value related to Industry4WRD policies in Malaysia. It connects relevant stakeholders, entrepreneurs, researchers and policymakers with powerful voices that have a strong influence on the innovation, development and market deployment of Industry 4.0 and Industrial Revolution 4.0 technologies and applications, while stimulating and leading a conducive business environment. MIFA members focus on nine (9) key pillars: Autonomous Robotics, Simulation, System Integration, Internet of Things, Cybersecurity, Cloud Computing, Additive Manufacturing, Big Data and Analytics.

Qitmeer and MIFA agreed to explore future use cases of the Malaysian Ringgit-based stablecoin in the joint development of Qitmeer Layer 2, asset tokenization, payment portals, NFTs and DeFi among MIFA and its member high-tech companies in early 2022.

Qitmeer website:

https://qitmeer.io/

MIFA website:

https://mifa-i4.my/

About Qitmeer

Qitmeer is a new generation public chain based on BlockDAG, dedicated to serving the ecosystem of Islamic finance, ethical finance and socially responsible investment, thereby enhancing financial inclusion and creating social impact.

Compared to the competitive model, BlockDAG's collaborative model in mining achieves an ideal balance of typical blockchain metrics between security, openness, fairness, and scalability.

Qitmeer adopts the classic POW consensus and UTXO data model, and designs a unique asset issuance mechanism that requires the reserve of native currency, in line with core ethical financial values.

<<: Can lost Bitcoins be considered a “donation”? Will it further hinder adoption?

>>: Nintendo President admits that the Metaverse has great potential, but is not in a hurry to enter the field

What is the fate of a woman without earlobes? Is it good for a woman to have no earlobes?

Recommend

Canaan Q3 financial report: Pre-sale amount is nearly 300 million, or entering the digital currency industry, stock price rose 200% in two months

Wu Blockchain learned that Canaan released its la...

Authorities in Venezuela's Carabobo region suspend power supply to registered miners in Venezuela's main industrial state

Authorities in Venezuela's Carabobo region ye...

Qitmeer and MIFA sign strategic memorandum of understanding

About MIFA

About Qitmeer

What is the fate of a woman without earlobes? Is it good for a woman to have no earlobes?

Look at the fortune of flat nose

What does a mole on the index finger mean? Is it good to have a mole on the index finger?

How to read the sun line in palmistry

UK’s Standard Chartered Bank Plans to Launch Crypto Brokerage Service in Ireland

The face of a man who is not loyal

Cathy Cathy's face

Coinbase Expands Bitcoin Purchasing Service to Australia

Mole at the end of the eye indicates good luck in love

What are the facial features that are destined to be successful in career? Who is likely to succeed in career?

Recommend

Canaan Q3 financial report: Pre-sale amount is nearly 300 million, or entering the digital currency industry, stock price rose 200% in two months

[Huobi Inventory] Blockchain projects have attracted a total of US$1.8 billion. What does capital favor in blockchain?

Know your luck by looking at your face

These faces are often borrowing money from others. Small eyes

What does the slave palace mean?

WeBank and Tencent Cloud jointly launch blockchain BaaS cloud service for the financial industry

Filecoin surges 42%, surpassing Litecoin to become the ninth largest crypto asset

What kind of personality does messy eyebrows indicate?

Authorities in Venezuela's Carabobo region suspend power supply to registered miners in Venezuela's main industrial state

A study of physiognomy of women with dimples

Is it okay to place a dragon beard tree in the study room of a person whose lifeline is broken?

The fortune of the broken palm

What are some faces that are not ordinary people?

Ethereum’s potential is not only in the approval of spot ETFs

What are the characteristics of a person who will become a great man?