Malaysia Launches Work Visa Program for Blockchain Tech Professionals

Malaysia has rolled out a work visa program targeting tech freelancers that addresses a demand for blockchain capable talents.

Malaysia has launched a work visa program targeting tech freelancers that addresses a demand for blockchain capable talens, local news outlet the Star reported on June 18.

The Malaysia Digital Economy Corporation (MDEC) — a government-owned organization that oversees the tech sector — blockchain organization Nem Foundation and job marketplace Jobbatical have jointly launched the program.

The program aims to attract foreign professionals who will have the right to stay in the country for up to 12 months to provide blockchain-related services or undergo training at a Malaysian company.

MDEC growth ecosystem development vice-president Norhizam Abdul Kadir said, “We will be kicking it [the program] off starting with blockchain jobs. The number of visas to be issued depends on the projects that will be run by blockchain companies in Malaysia.”

As previously reported, the Nem Foundation established NEM’s Blockchain Center in a 10,000-square foot facility in the capital of Kuala Lumpur to serve as an accelerator, incubator and coworking space. The center also houses the NEM Blockchain Innovation Lab, a headquarters for the research and development of the NEM platform.

Last June, a Malaysian government advisory committee, Majlis Perundingan Melayu signed a memorandum of understanding with South Korean blockchain lab IncuBlock for blockchain tech development permissible under Sharia law. The parties aim to develop a blockchain platform and a decentralized application that would meet the social requirements to be considered halal (permissible) by the Sharia Commission.

In September of last year, the government of Hong Kong announced an initiative that seeks to attract professionals in distributed ledger technology by simplifying the immigration policy. The move designated the government’s intention to “support Hong Kong’s development as a high value-added and diversified economy.”

Visit the USSA News store!
Click this link for the original source of this article.
Author: Ana Alexandre


This content is courtesy of, and owned and copyrighted by, https://cointelegraph.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact the USSANews.com administrator by using the contact form located in the top-left menu. Your request will be immediately honored. Please visit https://cointelegraph.com for more terrific, conservative content. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.

USSANews.com USSANews.com