Bitcoin Malaysia and Blockchain Tech Information

Bitcoin and Blockchain, Bitcoin Exchange, Bitcoins Malaysia, Blockchain Malaysia

Blockchain Wallets Are Coming (Maybe Soon) to a Car Near You

Blockchain Wallets Are Coming (Maybe Soon) to a Car Near You

By on January 23, 2017

Blockchain Wallets Are Coming (Maybe Soon) to a Car Near You – source

BlockChain Embassy (BCE) launches Malaysia’s first public blockchain consortium

By on December 16, 2016

On 2 December 2016, BlockChain Embassy (BCE) launched Malaysia’s first public blockchain consortium. Members include R1 (Mark Smalley from Neuroware), Maybank, RHB, Mah Weng Kwai (legal firm), CapitalBay, 1337 Ventures, Chain of Things, ATAplus, and iTrainAsia.


As Malaysia’s first and only public consortium that is entirely focused on the adoption and improvement of distributed ledgers and their competing protocols, we felt it was time to properly introduce ourselves and our objectives. Our mission is simple: “Educate organizations throughout Asia on both the legal and technical implications of distributed ledgers.”

FINNOVASIA Asia Blockchain Kuala Lumpur 2016 – Post Event Info

By on December 16, 2016

The FINNOVASIA on the Academy Workshop “Introduction to Blockchain” was held last week 5th December (with MDEC as General Partner) and it was a sell out with over 150 attendees. The audience had a hard time hearing  Vitalik Buterin as he kept moving the microphone, but were still excited to take photos with the Ethereum blue boy. Here’s a link to his presentation

CoinHako – trade bitcoins in Malaysia

By on December 14, 2016


For the year 2016, bitcoin and blockchain projects are gaining ground around the world and now there are some notable ones like CoinHako – a Singapore based bitcoin wallet service provider and exchange platform that have entered the market in Malaysia.







FINNOVASIA Academy Workshop – Introduction to Blockchain 5 December 2016

By on November 29, 2016



Bitcoin Malaysia is excited to partner with FINNOVASIA on the Academy Workshop  “Introduction to Blockchain”. We would like to invite you to the workshop which will be held on

Date: Monday, Dec 5th, 2016
Time: 9:30 – 17:30
LocationMakespace Lab, Quill City Shopping Mall, LG16, Jl. Sultan Ismail, Kuala Lumpur.


The workshop will focus on the current development of blockchain and its practical applications in financial services industry. This workshop offers a unique and important opportunity to learn about recent innovations from the leading experts in the field of blockchain including:

  • Vitalik Buterin, Founder and President of Ethereum (Switzerland)
  • Bobby Lee, CEO & Co-Founder of BTCC (China)
  • Alex Medana, CEO of Finfabrik (Hong Kong)
  • Dato Ng Wan Peng, COO, MDEC (Malaysia)

Please note that seats are limited and running out fast, so make sure to reserve your Early Bird ticket now. You can also enjoy the special discount of 15% by entering the code BITCOINMY15




Founder and President of Ethereum Foundation Vitalik Buterin is often introduced as an “insanely smart” and “Blockchain genius” or even “digital Lenin”. 21 years old Buterin is a programmer, writer and founder of Ethereum, the decentralized web 3.0 publishing platform. Buterin won the World Technology Award for the co-creation and invention of Ethereum and was featured in Fortune 40 under 40 list in 2016.

Ethereum is a public blockchain-based distributed computing platform, featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine, that can execute peer-to-peer contracts using a cryptocurrency called ether.


General Partner:
Partner Association:

Increasing the Anonymity of Bitcoin with a VPN

By on November 29, 2016


Many of us that use Bitcoin do so because as online transactions go, Bitcoin is both safer and considerably more anonymous. Transactions can’t be followed back to a central bank or to a person that is publicly named and there are no taxes on Bitcoin purchases.

That being said, Bitcoin isn’t entirely foolproof. Every transaction made with Bitcoins is recorded on the blockchain, a publicly accessible tracker that records the transference of Bitcoins from one wallet to the next. To the general public, this information is pretty hard to utilize, but specialists can follow patterns.

In addition, most Bitcoin purchases are still made via websites. Websites can identify their visitors by their IP address and once a purchase is made, can then link the wallet ID with the specific IP address.

The answer to that issue is a Virtual Private Network (VPN). Users unfamiliar with the basics of a VPN are encouraged to check out the guide written by Secure Thoughts on the best current VPNs available.

Anonymity With a VPN

The simplest and most effective way to ensure your location remains anonymous to the public and prying eyes is to subscribe to a VPN service. Doing so comes with several benefits, the first and most relevant one being the ability to alter how your IP address appears to the rest of the internet.

The way it works is by having your device first connect to one of the VPN’s remote servers before accessing the rest of the internet. Doing so assigns you the IP address of the server, which other users will also be using to connect. It becomes impossible to link any specific person to that IP address just because there are too many parties connected.

In addition to altering your IP address, a VPN also provides measures of security in the form of encryption that prevents hackers and more advanced users from positively identifying you. An encrypted connection is immune from data theft related to unsecured connections (public WiFi,, for instance) which might compromise you or your device.

Encryption, as you may already know, puts a lock on your information that can only be opened with the right key. But the lock is so complicated that, to date, no one has been able to crack it. It’s something we won’t likely need to concern ourselves with until quantum computing becomes a reality.

Other Tips

Besides using a VPN to increase your anonymity, there are a few other things you can do to supplement the process. One simple place to start is with your Bitcoin wallet.

Many users store and send their Bitcoins from the same wallet continuously. While this may be convenient, it also establishes a pattern with that particular wallet ID. Creating and using new wallets regularly can help disassociate financial transactions with one particular source.

It’s also important to realize that every Bitcoin has a history in the blockchain. Depending on where you go to purchase Bitcoins, you could easily end up with tainted coins that have been used for illicit trade.

One solution to clear out tainted Bitcoins and to help bolster anonymity is to use a mixing service. These services will allow you to exchange your Bitcoins for others at a low fee to keep specific addresses from being associated with your transactions. It can be a good way to essentially hit the “reset” button on your currency.

The downside is, of course, finding a reputable mixer. It’s recommended that you read reviews and if possible, contact other users before selecting a mixing service. Multiple scams exist and the worst possible outcome is the complete loss of your coins, so be cautious.

Feel anonymous yet? If you have any questions or suggestions, please post them in the comments section so we can get back to you.

About the Author: Faith is an internet security specialist and online privacy advocate. She blogs about a variety of current topics, covering everything from major data breaches to strategies for personal internet security.


By on November 23, 2016

Welcome Remitano, our new ad customer for December 2016. They are a bitcoin trading site, and their system works pretty much like Localbitcoins. One of the admins is active in our BTC 1 Telegram group and no issues so far. Check out Remitano