May 29, 2019
Malaysia is at the forefront of traceability solutions using blockchain technology in its halal industry. This will take place through the recent tripartite agreement signed by Islah Venture, a Malaysian halal consultancy, the state-run Penang International Halal Hub, halal logistics provider A-Transglobal Logistics and blockchain specialist TE-FOOD International. The agreement will push forward a pilot project in 2019 to establish a technical solution and a service portfolio before rolling it out to the mass market. The project will benefit two billion Muslim consumers through thousands of halal food producers globally.