Malaysia has launched a ‘work visa program’ for blockchain talents; as reported by the country’s media outlet Star Online.
The Blockchain Visa permit is organized by government-owned Malaysia Digital Economy Corporation (MDEC) in partnership with blockchain organization – NEM Foundation and job marketplace – Jobbatical.
The program aims to attract foreign professionals in blockchain technology and freelance blockchain talents to the country, with a right to stay in Malaysia for up to 12 months to provide blockchain-related services or undergo training at a Malaysian company.
It will be recalled that BTC.ng had reported on the growing introduction of blockchain courses in tertiary institutions globally, amidst a growing demand for experts in blockchain worldwide; especially in Asia.
See the BTC.ng publication: How to Get Started with Blockchain Career and Blockchain Jobs
MDEC’s vice president Norhizam Abdul Jadir explained:
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.
The VP also hinted that proposals for the program have been sent to the country’s immigration department as they fast track processes to expand the country’s technology sector.
NEM Foundation (owners of NEM cryptocurrency)on its part has established a 10,000 sq.meter Blockchain centre in Malaysia’s capital of Kuala Lumpur. The facility houses the NEM Blockchain innovation Lab – a headquarters for research and development of the NEM platform.
Malaysia and indeed Asia have continued to progress in this industry. Last June, Malaysia signed a MOU with a South Korean blockchain lab for blockchain tech development permissible under Sharia law. In like manner, the government of Hong Kong announced an initiative to simplify the immigration policy for professionals in blockchain technology.
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