MASVERSE Sdn Bhd recently signed a memorandum of understanding with the State Education Department of Kedah (JPN Kedah) to drive the development of education towards Web 3.0.
Web 3.0, or Web3, is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralisation, blockchain technologies and token-based economics.
Masverse has the first one-stop Web 3.0 blockchain ecosystem in Malaysia.
The signing ceremony was held last month at the district education office in Kuala Muda, and signifies the collaboration between both parties to lead the adoption of revolutionary technologies in education – making Kedah the first state in Malaysia to make this move.
JPN Kedah deputy director of student development Sabri Osman and Masverse chief executive officer Chew Kian Kok signed the MoU on behalf of both parties.
The signing ceremony was witnessed by JPN Kedah assistant director of student talent development Zhuherly Zolkapali, JPN Kedah deputy of student development for the Kuala Muda/Yan district Yusof Ismail, along with Masverse chief financial officer Koay Seong Jiann and Masverse chief branding officer Venus Khor.
Sabri said during the ceremony that it is crucial for students to adapt to the times, as Web 3.0 builds on all the progress that has been made during the Web 2.0 era.
The partnership marks the agreement of both parties to work closely together to develop and deliver innovative learning programmes that will equip students with the skills and knowledge necessary to thrive in the digital age.
Masverse will also offer NFT (non-fungible token) certification services and the integration of the unique L2E teaching model, to provide students with the skills and expertise to create, manage and trade NFTs.
This will enable students to participate in the digital economy of the future and give them an overview of the new world of digital ownership, which could help to change the existing landscape of education in Kedah.
Via the collaboration, students are also able to obtain micro-certification in courses relating to social media, publishing articles, public speaking and more. These qualifications can be created and updated in real time.
Earlier this year, Masverse also teamed up with JPN Kedah to participate in the Kedah STEM Fair 2023.
During the fair, Masverse launched an NFT design competition whereby it received an enthusiastic response of more than 400 drawings of StepN running shoes, from both primary and secondary students in Kedah.
The company selected the top 10 winning works from these entries and took advantage of the MoU signing ceremony to invite the student-winners and their parents to receive their awards.
The winners of the competition received a prize of RM100, with the top three winners receiving a prize of RM150.