Greenpro Capital Corp. (NASDAQ: GRNQ) is making significant strides in advancing blockchain adoption across Indonesia through its leading Shariah-compliant ESG digital asset exchange, GreenX. With growing interest in digital technology in the region, GreenX has positioned itself at the forefront of blockchain integration, particularly in collaboration with educational institutions and Islamic organizations.
Blockchain Training Initiative in Surabaya
From October 8 to 10, 2024, a blockchain-focused training session was held in Surabaya to introduce educators and blockchain enthusiasts to this emerging technology. The intensive event, aimed at training teachers and lecturers, was organized in collaboration with Institut Teknologi Sepuluh (ITS), Digital Sharia Technologies, and Asosiasi Dosen Integrator Desa (ADIDES). Key support also came from the Dubai Blockchain Center and GreenX.
The event brought together several prominent figures, including Mr. Khalifa AlJaziri AlShehhi, co-founder of the Dubai Blockchain Center and advisor to the Ministry of Economy of Dubai, as well as Mr. Zaidoun Al-Owbydi, CEO of Sphynx Lab Limited from New Zealand. GreenX’s CXO, Philip Tam, also participated in the event, reflecting the company’s strong commitment to expanding blockchain technology in Indonesia.
Hambali, Director of Sharia Digital Technologies, noted that while blockchain adoption in Indonesia is progressing quickly, the country’s understanding of the technology remains in its early stages compared to global standards. Hambali shared plans to train more blockchain educators, starting from universities in East Java before expanding these efforts nationwide.
Strategic Collaboration with Islamic Boarding Schools
Further advancing blockchain integration in Indonesia, a strategic collaboration agreement was signed on October 17, 2024, between Pondok Pesantren Darul Fiqih, an Islamic boarding school in Lamongan, East Java, and two key international partners—the Dubai Blockchain Center and Sphynx Lab. This partnership is aimed at promoting blockchain technology among young Indonesians through the country’s traditional Islamic educational system, known as Pesantren.
The agreement was signed in the presence of key figures, including Consulate General RI for Dubai, Mr. Denny Lesmana, and Kusuma Pradopo (HoC), marking an important milestone in blockchain education in the region. This collaboration forms part of the broader Comprehensive Economic Partnership Agreement between Indonesia and the United Arab Emirates, signaling a strong international push to support the development of digital technologies in Indonesia.
Philip Tam, CXO of GreenX, emphasized Indonesia’s significant potential for blockchain adoption, noting the majority Islamic population and rising interest in blockchain solutions. He highlighted that Indonesia is a key part of the Borneo-Sulu-Sulawesi Growth Triangle (BIMP-EAGA), a high-growth economic corridor where Greenpro Capital is actively involved.
GreenX’s Plans for Shariah-Compliant Digital Assets
GreenX is taking ambitious steps to integrate blockchain into Indonesia’s financial landscape, specifically through Shariah-compliant digital assets. Tam pointed out that Indonesia is set to be the first region to adopt the BIMP-EAGA Digital Wallet, a platform that allows participants to raise and invest funds through RAMZ, a Shariah-compliant digital asset. The introduction of the digital wallet aligns with GreenX’s broader vision of leveraging blockchain technology to facilitate wealth creation within Islamic frameworks.
GreenX also plans to airdrop a portion of listed RAMZ tokens to select members of the BIMP-EAGA community, a move aimed at encouraging wider adoption of digital assets and initiating wealth creation through digital means. This initiative is expected to drive broader community participation in digital finance while adhering to Shariah principles.
Expanding Blockchain Adoption Across Indonesia
As GreenX continues to foster collaborations across educational and religious institutions, its efforts reflect a broader strategy of positioning Indonesia as a hub for blockchain technology. The company’s ongoing initiatives, such as providing blockchain training to educators and integrating digital assets into Islamic schools, represent significant steps toward mainstream blockchain adoption in the country.
With the support of international partners and a growing interest in decentralized technologies, Indonesia’s blockchain ecosystem is poised for rapid growth. GreenX’s leadership in this space, particularly with its focus on Shariah-compliant digital assets, ensures that blockchain technology will be accessible to a broader segment of the population while adhering to local cultural and religious values.
As Indonesia embraces blockchain through initiatives like the BIMP-EAGA Digital Wallet and strategic collaborations, GreenX’s innovative approach to decentralized finance is set to play a central role in shaping the country’s digital future. By lowering barriers to entry and focusing on usability, GreenX is helping to democratize blockchain technology for millions of Indonesians.
