Malaysia's L1 project MasChain Mainnet was officially launched

On April 23, Malaysia’s L1 project Masverse PoA Chain MasChain Mainnet was officially launched. The launch ceremony was held at the Asia-Pacific University of Science and Technology Innovation (APU) in Malaysia and was announced by Danesh Jothiprahasam, Head of Domestic Investment, Malaysia Digital Economy Corporation (MDEC), and Chow Wei Xun, CEO of Masverse. In addition, the project site has also reached cooperation with long companies, and signed two memorandums of protocol understanding (MoA) and five memorandums of understanding (MoU). It is reported that MasChain is the first PoA chain in Malaysia, aiming to provide Token digitization solutions for governments and industries. MasChain mainly uses Substrate as the core framework and Pallets smart contracts as modular components.