49 OUR BUSINESS AND STRATEGY MATTERS IMPACTING VALUE CREATION (cont’d) EVOLVING TECHNOLOGICAL/DIGITAL LANDSCAPE 8JUIPVU B EPVCU DPOUJOVFE EJTSVQUJPO JO UFDIOPMPHJFT JO QBSUJDVMBS EJHJUBM UFDIOPMPHJFT QSPWJEFT CPUI SJTLT BOE PQQPSUVOJUJFT UP .:&( T CVTJOFTT NPEFM XIJDI JT EFQFOEFOU PO JUT EJHJUBM DBQBCJMJUJFT 5IF USBOTJUJPO GSPN B DPOWFOUJPOBM 8FC FOWJSPONFOU UP JODSFBTJOH NBTT SFDPHOJUJPO BEPQUJPO PG "SUJàDJBM *OUFMMJHFODF BOE 8FC CMPDLDIBJO UFDIOPMPHJFT BT FWJEFODFE JO UIF HMPCBM VQUBLF PG 8FC QSPKFDUT BOE JODSFBTJOH HMPCBM EJHJUBM BTTFU QSJDFT GVSUIFS OFDFTTJUBUFT UFDIOPMPHJDBM QSPWJEFST TVDI BT .:&( UP DPOUJOVF UP JOOPWBUF BOE stay abreast of present trends to remain competitive and resilient. RISK OPPORTUNITY Solutions being developed internally by the Group or with external partners may face the risk of technological obsolescence due to the rapid emergence of new technologies. Capital consumed for the EFWFMPQNFOU PG UFDIOPMPHJFT QSJNBSJMZ GJOBODJBM BOE IVNBO DBQJUBMT NBZ CF deemed lost if developed technologies are subsequently rendered obsolete. The global regulatory environment related UP 8FC UFDIOPMPHJFT EJHJUBM BTTFU NBSLFU continues to evolve rapidly and therefore lacks standardisation across jurisdictions. This may make it difficult for MYEG to maintain a consistent and satisfying user experience under ever-evolving conditions. The fast-changing technology landscape also presents PQQPSUVOJUJFT GPS .:&( UP FOIBODF JUT FYJTUJOH DBQBCJMJUJFT improve its business processes and develop new offerings. It also offers opportunities to expand MYEG’s international presence via the provision of services targeted towards international users. The ability to offer novel and market-attuned value propositions XJMM CF BEWBOUBHFPVT UP .:&( TUSBUFHJDBMMZ QPTJUJPOJOH UIF (SPVQ UP ESJWF FGGFDUJWF DPMMBCPSBUJPO CZ XPSLJOH XJUI HPWFSONFOUT businesses and communities towards realising socio-economic developmental objectives. Burgeoning interest in Web3 projects globally and growing fund inflows into digital asset markets create a favourable environment for the deployment of new decentralised applications on Zetrix as well as for the sale and trading of Zetrix tokens. The trend within Governments to switch from physical documents UP WFSJàBCMF EJHJUBM FRVJWBMFOUT GPS FYBNQMF MJDFODFT QFSNJUT DVTUPNT USBEF EPDVNFOUT FUD TQVST EFNBOE GPS CMPDLDIBJO UFDIOPMPHZ TFSWJDFT TVDI BT UIF DBQBCJMJUJFT PGGFSFE CZ .:&( through Zetrix. This in turn translates to benefits such as easing DPOHFTUJPO BOE MPOH RVFVFT BU QIZTJDBM DPVOUFST GBTUFS QSPDFTTJOH UJNFT NJOJNJTJOH JODPOWFOJFODFT BSJTJOH GSPN MPTU PS NJTTJOH QBQFS EPDVNFOUT BT XFMM BT TJHOJàDBOU QSJOUJOH BOE delivery cost savings for stakeholders.
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