MAI and CVM to integrate Blockchain in the Automotive sector

MAI and CVM to integrate Blockchain in the Automotive sector

The Malaysia Automotive Institute (MAI) and the Cryptovalley Malaysia (CVM) are jointly eyeing on embracing blockchain technology in the automotive sector. A memorandum of agreement (MOA) has been signed by the parties to work on four initiatives for the benefit of consumers, entrepreneur, and environment. It includes blockchain platform development for original spare part distribution and others.

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