Datasonic Group Berhad, a Malaysia-based ICT solutions provider, has entered into a memorandum of understanding (MOU) with Meta Doers World Holding Berhad (Meta Doers) to form a strategic partnership through incorporation of a joint venture company to explore the business opportunities related to metaverse in Malaysia and ASEAN countries.
Datasonic executive chairman Haji Abu Hanifah bin Noordin said in a statement that the collaboration between Datasonic and Meta Doers marks Datasonic’s foray into the metaverse world focusing on education sector and healthcare industry.
“Today, we are part of the digitally connected world. With online learning becoming more and more popular especially after the pandemic, the education sector is exploring into integrating immersive technologies to transform the learning environment to be more interactive, creative and entertaining,” he said.
“At the initial stage, our targeted markets are primary school, secondary school, higher education and training agencies in Malaysia and ASEAN countries,
“Datasonic has excellent track record in many mission critical national projects. Datasonic has been producing one of the best of the best international passports in the world,” he added.
Meta Doers is part of the Doers Education Group, a specialist in online and offline education, metaverse project consultancy as well as advisory services, focusing on six core business sector – education, health, food, entertainment,energy and shelter industry.
Doers Education Group is one of the pioneers in the education and training industry with more than 24 years of excellent track record in China, Hong Kong, Macau, Taiwan, Malaysia, Singapore, Thailand, Brunei, Indonesia, Philippines and Canada.
“According to a report by McKinsey & Company, investment in metaverse globally has increase from $57 billion in 2021 to $120 billion as of June 2022 and this number is expected to grow. We see great potential in metaverse application platform in many industries especially in education and healthcare industries in Malaysia and ASEAN countries,” said Abu Hanifah.
“Through the setting up of a 60:40 joint venture company, we will leverage on the expertise and competitive strengths of both parties to develop world class 3D virtual classroom where students can virtually meet and interact with classmates and teachers to achieve optimum learning outcomes,” he said.
“The new management of Datasonic is looking forward in the strategic partnership with Meta Doers to diversify into metaverse application platform in the education and healthcare industries in Malaysia and ASEAN countries and committed to generate higher revenue and profit to the group,” he added.
Datasonic is a security-related integrated solutions provider listed on the Main Market of Bursa Malaysia Securities Berhad since 2012.
The firm specializes in multipurpose national ID, International Civil Aviation Organization (ICAO) compliant ePassport, auto gates with multimodal biometrics and facial recognition system, financial smart cards, integrated CCTV and surveillance system with video analytics and healthcare related ICT solutions.
Datasonic has been the provider for Malaysia National ID (MyKad) project since 2012 and the vendor providing integrated ICAO compliant e-passport solutions to the Malaysian government since 2016.
Datasonic is also ATM/Debit Card and Europay, Mastercard and Visa (EMV) credit and debit card personalisation system and solutions provider.
Reference links: https://technode.global/2022/11/01/datasonic-partners-meta-doers-world-to-explore-opportunities-in-metaverse-related-projects/