The Malaysian blockchain is the international supernode operator of China’s public Xinghuo blockchain.
The Malaysian Zetrix blockchain will offer electronic Know Your Customer verification for Chinese nationals abroad. Called ZCert, the new service is available to people who choose to publish their official Digital Identities (IDs) on the Chinese state-run Xinghuo Blockchain Infrastructure and Facility (BIF).
Zetrix is able to offer the ZCert service thanks to its integration with Xighuo BIF, which is run by the China Academy of Information and Communications Technology. Zetrix is the operator of the Xinghuo BIF International Supernode.
Zetrix co-founder T.S. Wong said ZCert “enables a new wave of services powered by smart contracts. […] Payments on Web3 platforms can now be executed fully in compliance with existing rules.” Wong continued:
