BYC Ventures Expands to Malaysia, Powers National Blockchain Infrastructure Under MOSTI

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Feb 14, 2026

Lumen, the blockchain infrastructure platform developed by BYC Ventures, has officially entered into a strategic partnership with Malaysia Blockchain Infrastructure, an initiative under the Ministry of Science, Technology and Innovation Malaysia (MOSTI), to provide Blockchain-as-a-Service (BaaS) solutions for Malaysian government agencies and enterprise systems.

Malaysia Blockchain Infrastructure, accessible at malaysiablockchain.my, serves as a national initiative supporting structured blockchain adoption across public institutions and regulated enterprises in Malaysia. Through this collaboration, Lumen will contribute its production-grade blockchain stack to support secure, scalable, and interoperable digital infrastructure deployments.

The partnership enables Malaysian institutions to deploy blockchain-backed systems for document verification, auditability, digital asset anchoring, and cross-agency data integrity. By leveraging Lumen’s infrastructure framework, government and enterprise entities will gain access to configurable blockchain environments designed to meet sovereign governance requirements while maintaining interoperability standards.

This development marks a significant milestone in BYC Ventures’ regional expansion strategy across ASEAN. Having launched multiple live government-grade blockchain systems in the Philippines, BYC Ventures brings a proven production track record to Malaysia.

In the Philippines, BYC Ventures powered the core technology behind blockchain implementations across key national agencies, including the Department of Budget and Management (DBM), the Department of Information and Communications Technology (DICT), and the Department of Public Works and Highways (DPWH). These deployments anchor high-value government records, enable tamper-evident document verification, and strengthen cross-agency auditability within live operational environments. The systems support institutions serving over 100 million Filipinos and secure billions of dollars’ worth of public records and budgetary documents.

Through Lumen, BYC Ventures has demonstrated that blockchain infrastructure can move beyond pilot experimentation and operate as sovereign-aligned, production-grade systems embedded directly into government workflows. The expansion into Malaysia builds on this operational foundation, extending battle-tested infrastructure frameworks into another fast-growing digital economy under MOSTI’s leadership.

Paul Soliman, Chairman of BYC Ventures, emphasized the broader regional vision behind the partnership:

“As part of BYC’s regional expansion, we’ve been engaging ASEAN leaders and builders who share the same conviction in scaling the Truth Layer. Through Lumen, we’re aligning on a unified path toward regional integration, connecting infrastructures, trust frameworks, and digital public assets across borders.”

Gelo Wong, Co-Founder and Chief Growth Officer of BYC Ventures, highlights the strategic importance of Malaysia’s digital momentum:

“Malaysia is one of Southeast Asia’s fastest growing digital economies, with its digital sector contributing nearly 23 percent of national GDP and continuing to expand steadily. The country has demonstrated strong institutional commitment to digital transformation under MOSTI’s leadership. We are ready to support this momentum by bringing in foundational blockchain infrastructure that has already supported live Philippine government initiatives. Our focus is not experimentation, but production-grade systems that strengthen trust, interoperability, and digital public assets at scale.”

Rather than positioning blockchain as a standalone solution, the collaboration centers on foundational infrastructure that enables verifiable systems which strengthen digital public assets and institutional accountability. The approach focuses on long-term system architecture that supports government workflows, compliance standards, and enterprise-grade reliability.

The partnership reflects a growing recognition across Southeast Asia that blockchain adoption must move beyond pilot programs toward sovereign-aligned, production-level infrastructure. By aligning technical frameworks between Malaysia and the Philippines, Lumen and Malaysia Blockchain Infrastructure aim to contribute to a more integrated regional ecosystem for secure digital governance.

As ASEAN economies continue to digitize critical records and public services, the need for interoperable trust infrastructure becomes increasingly essential. Through this collaboration, Lumen and Malaysia Blockchain Infrastructure are advancing a coordinated effort to build secure, scalable, and verifiable systems that support the next generation of digital public infrastructure across the region.

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