i2M Ventures launches Blockchain Village at Medini

CREATOR: gd-jpeg v1.0 (using IJG JPEG v62), quality = 82

ISKANDAR PUTERI, Oct 16 -- Khazanah Nasional Bhd's wholly-owned subsidiary i2M Ventures Sdn Bhd today officially launched the Blockchain Village at Medini (BVAM) to further support the growth of blockchain ecosystem in Malaysia.

i2M Ventures managing director Zulfiqar Zainuddin said BVAM was aimed at developing the blockchain ecosystem in Medini City here to provide service providers, including established institutions and blockchain start-ups and stakeholders, the platform to further develop their technology and encourage market adoption.

"BVAM is also projected to bring in 1,200 high-value and knowledge-based jobs by 2022 besides generating new investments in Medini," he told reporters today after the BVAM launch, which was officiated by Johor Menteri Besar Datuk Dr Sahruddin Jamal.

Zulfiqar said the development and availability of talent remained as one of the key factors in the blockchain ecosystem.

He said currently OK Blockchain, a company from Japan, had trained more than 107 employees through the GBS Iskandar Campus Connect Initiative, a partnership between industry players and the academia facilitated by i2M.

BVAM is an extension of the GBS Iskandar programmes which are expected to generate RM562 million investment by 2022.

Source : The Iskandarian