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iSunOne works with the Malaysian government to build the world’s first Islamic financial system on blockchain

KUALA LUMPUR, MALAYSIA - Media OutReach - 10
September 2019 - TideiSun Group (iSunOne) announced its
partnership with Malaysia Productivity Council (MPC), making the platform the
first in the world to work directly with the Malaysian government to provide
Islamic financial services with blockchain technology.

Mr. Tian Chua, Chairman of MPC, expressed his welcome to
this cooperation: "24% of the world's population is Muslim, of which 71%
do not have financial bank accounts. The financial system of the Islamic world
is still very traditional and backward. In this promising market, iSunOne provides global
digital banking services on blockchain and delivers an innovative solution for
both Islamic finance and conventional finance. iSunOne
protects personal privacy and can make a difference in Islamic finance. MPC
will promote iSunOne in the Malaysian financial industry, including banks,
payment sectors,  securities trading
firms, and the Malaysian government. MPC will arrange proof-of-concept trials
and technology testing for suitable solutions."

Mr. Chen Ping,
Chairman of iSunOne,
TideiSun Group said: "With more than 5 years of experience in blockchain
technology development, iSunOne
provides a wide range of fintech services including e-wallet, trading, asset
management to a global user base. Malaysia as a multi-ethnic country choosing
iSunOne as the country's blockchain financial services provider affirmed
iSunOne's strength in blockchain technology and finance. Especially in Islamic
finance which prohibits interest and requires risk/profits sharing, iSunOne has
a unique advantage."

MPC will allocate more funding for iSunOne to build an
Islamic financial system on blockchain. MPC will formulate measures to
encourage the application of iSunOne
by commercial organizations, and draw up in the near future strategies for
training blockchain technology-related talents. To overcome the obstacles faced
by iSunOne (such as financial products, registration, license application,
etc.), MPC will recommend government departments to consider the need to
introduce regulatory measures on such technological adoption in light of future
development. MPC Chairman Mr. Tian Chua is also vice-president of Parti
Keadilan Rakyat (PKR, or The People's Justice Party) and a Special Advisor to
Works Minister of Malaysia.

About MPC

The Malaysia Productivity Corporation (MPC) which was
formerly known as the National Productivity Corporation was established in 1962
as a joint project between the United Nations Special Fund and the Federal
Government, with the International Labour Organisation acting as its executing
agency. MPC's responsibilities are: to deliver high impact services towards
achieving performance excellence through innovation for the betterment of life;
to provide value-added information on productivity, quality, competitiveness
and best practices through research activities and databases; to develop human
capital and organisational excellence for building a knowledge-based society
through training, systems development and best practices; and to conduct review
on regulation and promoting Good Regulatory Practice to create a more
competitive business environment. For a detailed introduction of MPC, please
visit: http://www.mpc.gov.my/

 

About iSunOne

iSunOne
is a global leading one-stop financial services platform built on the
blockchain. Combining safety and user-friendliness, iSunOne provides a range of
services including crypto wallet, crypto trading, crypto asset management, etc.
iSunOne debit card service provides a seamless online and offline payment
experience for more than 150,000 users worldwide. Download the APP now for free
via Google Play
?Apple Store or https://isun.one/.
Follow social media channels below:

 

Facebook: https://www.facebook.com/iSunOne/

Twitter: https://twitter.com/iSunOneOfficial

Linkedin: https://www.linkedin.com/company/isunone/

Telegram group: https://t.me/iSun_Community

 

To become a global partner of iSunOne Debit Card, please
visit https://isun.one/contact.

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