Malaysia’s public blockchain platform developer Zetrix and Universiti Malaya (UM) will collaborate with the China Academy of Information and Communications Technology (CAICT) on cutting-edge AI technology. This partnership is part of an intergovernmental research collaboration between Malaysia and China in the field of Science, Technology, and Innovation.

The project, titled “Research on Key Issues of Transborder Blockchain Infrastructure and Pilot Applications,” aims to leverage AI to streamline and optimize cross-border trade processes, ultimately improving efficiency and speed of transactions.

MYEG Services Bhd, which owns and develops Zetrix, expressed enthusiasm for the expanded research focus and emphasized the disruptive potential of AI and Web3 technologies. The lead researcher at UM also highlighted the benefits of incorporating AI into the research, expecting breakthroughs in efficiency and security.

This collaboration between Zetrix, UM, and CAICT marks an important stride toward international cooperation in AI research and recognizes the importance of knowledge-sharing in advancing cross-border trade. It also underscores the growing significance of blockchain and AI in various industries, including government services, healthcare, and finance.