While we are awaiting for further announcements by the Securities Commission of Malaysia (SC), our developers team have been working to deploy these new features that we hope will enhance your trading experience on Colony. We are pleased to announce that on 09 April 2019, we’ve successfully launched several major improvements on the platform and here are a few notable upgrades that users should know.

1. Hibah (Website and Mobile Apps)

What is Hibah?

  • Hibah is a gift.
  • Hibah on Colony is a grant valuable cryptos to beneficiaries on a volunteer basis without valuable consideration and compensation. Hibah will be processing by 30 days. Both donor and beneficiaries must be registered on a Colony.

2. New User Interface for Colony Mobile Apps

This is our new user interface for login page. We have changed to a new design for Colony Dax Application.

Download the Colony Dax application here:

Google Playstore:

    a) New Interface – Buy and Sell

Easy to use and user mobile friendly.

    b) New Interface - Coinvata

Coinvata gives you the power to quickly swap between coins in a safe and secure environment.

    c) New Interface - Wallet

This is our new interface wallet for Colony Dax Application.  

3. JomPay

What is JomPay?

  • Pay bills on-the-go with our digital currencies enabled payment method with the current provided price rate. Skipped liquidation process while keeping your funds safe and secure.



Merupakan sebuah kemudahan atas talian untuk kegunaan berdaftar menjalankan aktiviti jual beli mata wang kripto, sama ada dengan pihak Colony atau individu lain yang juga pemegang status pengguna berdaftar. Platform atas talian ini dilengkapi dengan ciri-ciri keselamatan tertentu yang turut berfungsi melindungi maklumat peribadi pengguna dan menjamin kesahihan setiap transaksi. Layari


Sama seperti COLONY, kemudahan mudah alih ini juga dicipta oleh Colony sendiri dan direka khas untuk digunakan pada telefon pintar. E-wallet ini juga membolehkan pengguna untuk menyimpan lebih dari satu jenis mata wang kripto serta memudahkan pengguna menjalankan urusniaga pada bila-bila masa.

Muat turun Colony di Google Playstore dan iOS.


Hampir menyerupai fungsi mesin juruwang automatik (ATM) biasa, mesin kriptomat ini lebih khusus untuk pengguna yang mempunyai akaun atau wallet mata wang kripto. Mesin kriptomat ini dilengkapi dengan dwi fungsi dimana pengguna boleh membuat transaksi jual dan beli kripto. Proses pertukaran mata wang kripto kepada wang tunai seperti Ringgit Malaysia (RM) akan lebih mudah dengan mesin kriptomat. Lokasi mesin kriptomat Pinkexc boleh didapati di dalam e-wallet Colony.

Latar Belakang Syarikat Pinkexc (M) Sdn. Bhd.

Pinkexc adalah sebuah syarikat bumiputera yang menjalankan perniagaan servis pertukaran matawang digital dan menyediakan khidmat konsultasi berkenaan teknologi blockchain. 

Ditubuhkan pada Julai 2016, Pinkexc bertapak di Bandar Meru Raya, Ipoh Perak. Penubuhan Pinkexc bertujuan untuk membuka jalan penyelesaian pemprosesan pembayaran generasi seterusnya yang memberi tumpuan kepada pengintegrasian mata wang digital ke dalam teknologi pembayaran yang sedia ada juga inginkan Malaysia bergerak seiring dengan negara maju. 

Oleh itu, kami menyediakan servis dan fasiliti yang boleh memudahkan urusan dan aktiviti pengguna matawang digital. Sekaligus mendidik masyarakat tentang teknologi blockchain yang lebih luas, dimana kita boleh praktikan dalam pelbagai sektor seperti perkhidmatan awam, pendidikan, kebajikan dan sebagainya.




‘Facebook Login On the Blockchain’, Mark Zuckerberg Interested In Experimenting With Blockchain

During an interview with Professor Jonathan Zittrain of Harvard Law, Mark Zuckerberg, a well-known figure of web and social media revealed his sentiments towards blockchain technology. While discussing, Facebook CEO, Zuckerberg said that ‘he is potentially interested’ to put Facebook login on the disruptive technology, blockchain.

Blockchain-based Authentication, Facebook sees a Potential use case

The social giant, Facebook has recently been very active in blockchain space. In fact, as Coingape reported, it acquired the team behind ‘Chainspace which is a blockchain firm’ founded by Cheddar (one of the researchers from University College of London). Nevertheless, this was the very first acquisition of Facebook in blockchain space which was made earlier this month. And what Zuckerberg hints of using blockchain for Facebook login would be indeed its first practical initiative. He initially said -we’re building data center capacity for the next five years long’ and here is a statement quoted from the interview;

Authentication was “use of blockchain that I’m potentially interested in,” although “I haven’t found a way for this to work.” In general, the proposed system would replace Facebook Connect with “something that’s fully distributed.”

According to him, such implementation is to avoid the use of data by any third party or something that would allow you to control which app to allow to access to your data. Its worth mentioning that there are other platforms which have launched a similar system but in Zuckerberg’s view, Facebook wouldn’t primarily cut off the access to third-party apps ‘that helps app developers’. As such, one cannot forget Facebook’s data scandal happened through Cambridge Analytica and if Facebook’s head is eyeing blockchain, there would also be a talk on privacy. Addressing the similar context, he stated that;

“In a fully distributed system, there’d be nobody who could cut off their access. A fully distributed system empowers individuals on the one hand, but it really raises the stakes,”

A quick interview recap in Mark Zuckerberg’s words;

You basically take your information, you store it on some decentralized system and you have the choice of whether to log in in different places and you’re not going through an intermediary. There’s a lot of things that I think would be quite attractive about that. For developers, one of the things that are really troubling about working with our system, or Google’s system for that matter, or having to deliver services through Apple’s App Store is that you don’t want to have an intermediary between serving the people who are using your service and you. Where someone can just say hey, we as a developer have to follow your policy and if we don’t, then you can cut off access to the people we are serving. That’s kind of a difficult and troubling position to be in.


MWC2019: The Smartphone That Produces Up to Two Ethereum per Month

Novelty in MWC2019: Wings Mobile WX is set to be a cheap smartphone which will produce up to two Ethereum a month. Here’s all you need to know. reports that during the Mobile World Congress (MWC2019, Barcelona) another novelty was introduced which is worth to mention indeed – the smartphone that makes money simply by keeping it turned on.

The idea came to the Italian entrepreneur Antonio Milio, the CEO of Wings Mobile, who decided to create a smartphone capable of “mining” cryptocurrency.

Once the buyer acquires the smartphone he starts mining instantly and the new owner is being “rewarded” with a “mined prize” that can reach two Ethereum per month, which currently are worth about 250 euros (~$284 USD). Obviously, everything depends on the price fluctuations of the cryptocurrency.

Moreover, the amount of ETH you generate every day are automatically paid to your electronic wallet on a daily basis.

Wings Mobile WX – only 40 000 smartphones available.

How Is It Possible?

When buying the Wings WX smartphone, the owner actually signs a subscription with the company that allows the device to guarantee the reward of up to two Ethereum per month, depending on the plan signed for the cryptocurrency mining on his Wings WX smartphone.

The Spanish virtual mobile operator has in fact provided different types of subscription, differentiating them by “mining” power, starting from 100 MH/S up to 1000 MH/S.

Consequently the mobile costs from a minimum of 600 euros (a special price) to a maximum of about 2600 euros for the most profitable contract that guarantees maximum mining performance.

Minephone WX comparison with regular Ethereum mining rig.

Minephone WX comparison with regular Ethereum mining rig. Wings Mobile web data.

Proof-of-Data Instead of Proof-of-Work

But how does a telephone have the computing power necessary to mine such amount of cryptocurrency? The reason lies in a sort of new protocol used by Wings Mobile that instead of relying on the traditional computing power required by the Proof of Work protocol, the company uses the innovative Proof of Data mode instead.

Proof of Data mode is based, simplifying, on the traffic generated by the network mobile or wi-fi when the phone is switched on and connected to the internet. This algorithm was developed by the Ecuadorian company Neobit, which is part of Wings Mobile, but its operation appears rather nebulous.

Is It Worth It?

The risk is clear, but if the Ethereum would touch the price of $1450 within the year as ConsenSys estimate, compared to an initial investment of 2600 euros, the user would profit by a 12,400 euros return in 12 months.

The calculations, of course, are entirely theoretical, but rather intriguing. You decide.