MALAYSIAN TECHNOLOGY STRATEGIC OUTLOOK 2019/2020

Name of Project

Description

Challenges

Soft Device Sdn Bhd

Monitoring movement of FFB from the field to the CPO mill

Digitisation of the paper-based data through the mobile phone loaded with Dapps for smallholders (FELCRA)

Proposal have been delayed

Collection Processing Packaging Center (CPPC) - Fruit & Vegetables

Rapid lab testing at the CPPC to verify the Maximum Residual Level (MRL) of chemical contamination before any transaction can take place

Unicoin DCX Ltd – Labuan based Crypto Exchange

Unicoin Digital Capital Exchange

Unicoin DCX Ltd, an offshore entity registered in Labuan, Malaysia awaiting approval of licence from Labuan regulators LFSA. The Labuan centre will add value to current work by teams based in Dubai, India and Singapore and existing exchanges in Singapore, UK and US.

Work in Progress

Malaysia-based Blockchain Association

ACCESS Malaysia/ Bitcoin Malaysia Events (BME) / EthKL/Blocklime Webinar

Introducing 7 blockchain protocols and services: • Quorum • AntChain • Alibaba Cloud • STACS • Hyperledger • R3 Corda • Hedera Hashgraph

In response to COVID-19 MCO, introducing online learning.

ACCESS Malaysia/Bitcoin Malaysia Events (BME) / EthKL/ Blocklime Webinar

Southeast Asia DeFi Week – Learn 5 DeFi Technologies in 5 Days

In response to COVID-19 MCO, introducing online learning.

Cryptocurrency Unit – Commercial Crime, PDRM (Government)

Cryptocurrency Unit - Forensic Account Department

Cryptocurrencies related investigation, monitoring and analysis

CyberSecurity Malaysia (Government)

SmartPay System

SmartPay System is a cashless payment system that uses blockchain technology. Payment is made through the customer’s wallet via the mobile app (Android / iOS). The crypto currencies involved are BTH, ETH, USDT and IOTA. The system is designed for CSM to study the security elements required when developing applications related to blockchain technology that includes the use of smart contracts, e-wallet and cryptocurrency exchange. Currently in progress.

Due to limited resources that otherwise can be obtain in physical lab (such as connection, equipment, hardware, and software) the progress is slower than expected.

Training and experiments in developing the system cannot be carried out fully.

DompetKripto

DompetKripto is a system that creates a secure paper wallet for investigation of criminal case. The wallet is used to store seized funds at crime scene. The wallet is secured by encryption to ensure funds are safe from cybercriminals.

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Malaysian Technology Strategic Outlook 2019/2020 Intergration of High Technology

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