Blockchain-city in detail

Developers intend to make Melaka Straits City the leading tourist destination in Malaysia. The Ministry of Tourism of China foresees 3 million tourists to visit it every year. 5 gorgeous boutique hotels and about 100 villas with a beautiful sea view and private access to the beach will be built along the coastline.

A huge educational cluster will take thirty-two hectares with kindergartens, colleges, universities, and student dormitories. Four campuses which are expected to promote Melaka Straits City as a regional education center will be among the most important elements of the tourist smart city.

To find out more details about the project development, we interviewed the official representative of Melaka Straits City, Lim Keng Kai.

Is Melaka Straits City going to look like a real city of the future?

Lim Keng Kai: Partly, yes. The working methods of our city planner CPG Corporation are famous for being innovative. Its style is highly noticeable in the Melaka Straits City architecture as well. For example, the boutique hotels and the exhibition center designs look so futuristic, they will probably become the main attractions of the city.

But Malacca is a city with a rich history, and we are willing to emphasize this. Over different periods, it was colonized by the Portuguese, the Dutch, and the British, and in 2008 it was included in the UNESCO World Heritage Sites List. That is why we’ve planned to build a distinctive cultural street in the center of the city. It will be inspired by the styles of different colonial eras and is going to make tourists familiar with Malaysian traditions and history.

Shopping centers with a duty-free zone will be built in the city as well, which will not only attract visitors but also have a positive impact on the country’s income growth.

Among other things, two hectares of land will be allocated for the construction of a national conference center. The building, equipped to accommodate 20,000 visitors, can become an official meeting venue for the government and international delegations. A water theme park – the largest in Southeast Asia – will become another attraction of Melaka Straits City. The project feature is a combination of sea and land rides.

The tourist smart city attractiveness will also be reinforced by concert halls, golf courses, tennis courts, and racetracks.

The process of construction and subsequent development of Melaka Straits City will be carried out based on the blockchain technology. In order to create a first-class tourist destination, the developers are going to introduce this technology to the traditional industry. Technological innovations will be focused on the improvement of the fundamental infrastructure and integrated with the city statistics. The creators put emphasize on safety and security management of all smart city systems.

How exactly will Blockchain be used in Melaka Straits City?

Lim Keng Kai: The basis of the blockchain technology in the Melaka Straits City will be DMI platform with DMI coin. It will mainly be used in payment of government-based services in the city. DMI will also feature an exchange that can allow tourists who visit Melaka Straits City to exchange their fiat currencies for DMI coins that they can use freely.

When tourists visit Melaka, they will be required to exchange their money into digital currencies that they can use to pay for services using their mobile phones or computers. The DMI web application will be available on PC and the mobile applications will run on Android and iOS devices to provide flexibility regardless of the preference of the individuals.

The businesses and merchants in Melaka Straits City will have accounts and a unique QR code where tourists simply scan using their codes and make payments. This is easy mobile banking that can be done in seconds. The transactions will all be stored in the DMI blockchain where any issues that arise can be resolved.

The main purpose of the Melaka Straits City project is to build a tourist city based on blockchain technology. In particular, it implies the creation of a new tourist blockchain city brand which will enhance tourism development in the country and improve education.