In the Name of Allah, The Merciful, The Compassionate

Should Malaysia Use Blockchain Technology To Certify Halal Products?

Should Malaysia Use Blockchain Technology To Certify Halal Products?

In 2018, Malaysia accounted for only 1 percent of the global halal demand – proving there are substantial opportunities and room for improvement to develop a transparent and trusted halal hub in the country.

Despite the projected increase in the global Muslim population to 30 percent by 2050, which is one of the driving factors for the expansion of the halal industry all over the world, the recent halal meat scandal in Malaysia is a major setback to the booming halal industry in the country.

One proactive measure that could be implemented immediately to certify halal meat in the country may be to use blockchain technology.

Read more https://bit.ly/39CwdXW

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