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Ministry of Education of Malaysia has announced a setting up of a University Consortium on blockchain tech and launches a university degree issuance & verification platform based on the blockchain tech.

It’s also said that the platform is focused on testing and verifying the authenticity of university degrees in the country and will include approximately six public sector universities in the first phase.

The platform is developing on the NEM blockchain.

Earlier, Australia and New Zealand Banking Group, popularly known as ANZ Bank launched a voice verification system for mobile operations exceeding $1,000.

While Citigroup Inc. - the 4th largest bank in the United States - also introduced a voice authentication in May 2016 across Asia Pacific region, allowing customers from Malaysia to access financial services provided by the bank through biometric authentication.

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