Melaka Straits City will be a Blockchain city with its own DMI coins. Tourists of the said city can exchange their fiat for DMI coins that they can spend in the city. Melaka Straits City is over 835 acres off the coast of the Malaysian city, Malacca, The entire structure of the city will be based on a blockchain technology.
The initial stage will be raised with a $120 Million funding, it will be collaborated by construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched this Chinese government-backed project.
A report by the International Data Corporation (IDC) indicates that spending on so called smart city technology is expected to grow to $135 billion by 2021.
For more of the news, please visit:
You can also catch me on Hyperspace
HyperSpace uses UBI (Universal Basic Income) principle to give all users FREE tokens every day. Tokens you can use to amplify other content and earn you more income.
Visit and subscribe to these spaces:
Hypersports >>> where you can see and share about your favorite sports. Get real and be passionate about your favorite teams or athletes by voting or sharing to us contents about them.
Pop Culture >>> everything that is popular. Vote or share to us your favorite trending music, videos, movies, events, news, fashion, or anything that matters to the lives of many people.
Libertad Public Market >>> The HyperSpace economy, where you can post your products and/or services, and people will pay you with Amps or currency of your choice.
