Blockchain in the automotive industry, the Malaysian perspective, pesented by Dato Madani Sahari, CEO of Malaysia Automotive Institute (MAI), a GLC under Ministry of International Trade and Industry (MITI), during the MoA signing of CVM and MAI in Cyberjaya, Malaysia.

The four immediate initiatives that will benefit the consumers, entrepreneurs and environment are:

1) Supply Chain
2) Reputation Economy
3) Carbon Footprint Reduction
4) Alternative e-hailing

Effendy Zulkifly, Co-Founder of Crypto Valley Malaysia, made a brief introduction of CVM to the VIP guests.

Blockchain is only part of the process. In this launching, the solutions are more towards applying blockchain in the supply chain, where new form of economic model and values to be created through out the value chain of the automotive industry.

Data is the new oil.

Smart city is the ultimate goal.

Transparent, fair and effective resource distribution.

There was a media session after the MoA signing ceremony.

Official report by MAI’s website: MAI And Cryptovalley Malaysia Ink Agreement On Blockchain Technologies For Enhanced Consumerism, Entrepreneurship And Environmental Conservation

SophiaTX WeChat Channel: 马来西亚汽车研究院（MAI）和马来西亚加密谷协会(CVM)宣布启用SophiaTX区块链，用于推动全国汽车工业发展

Other media reports:

(1) Utusan Online : MAI terap teknologi blockchain dalam industri automotif

(2) Berita Harian : Laksana teknologi Blockchain pertama untuk sektor automotif

(3) Careta : MAI, CRYPTOVALLEY MALAYSIA TANDATANGANI PERJANJIAN, LAKSANA TEKNOLOGI BLOCKCHAIN DALAM SEKTOR AUTOMOTIF

(4) Enterprise It News (EITN) : Blockchain to be applied to Malaysia’s automotive sector by 2019

(5) Bernama : MAI, CVM meterai MoA laksanakan teknologi ‘blockchain’

(6) Tokenpost : Malaysia Automotive Institute seeks to bring blockchain to automotive sector

(7) BlockTribune : Cryptovalley Malaysia Teams With Malaysia Automotive Institute On Blockchain

(8) Enterprise It News (EITN) : SophiaTX Blockchain To Advance National Automotive Industry with MAI

(9) Business Today : MALAYSIAN AUTOMOTIVE INSTITUTE (MAI) AND CRYPTO VALLEY MALAYSIA (CVM) SIGNS MOA

(10) sme.org.my : Malaysian Automotive Institute (MAI) and Crypto Valley Malaysia (CVM) signs MoA

(11) CoinNess.com : MAI, CVM Ink MoA to Initiate Blockchain Technology Applications

(12) China Press | 中国报 : 汽车研究院与加密谷协会 推出免费电子召车平台

(13) TV3

via ytCropper

Thank you people from the blockchain industry for attending and supporting our event.

Mr. Choo Kok Weng from SophiaTX.

Adnan (AK) and team SMOOA. Semua boleh!

Mr. Jason Kee, Cryptorian who purposely flew from Johor to attend the event.

Thank you all who made this progressive milestone and we at CVM will work our best to achieve our mission of putting Malaysia on the world tech radar with the support of all ecosystem stakeholders. God bless and all the best.

The post CVM And MAI Sign MoA to Implement Blockchain Technology In Automotive Industry appeared first on Blockchain Insider.

We also take the chance to mention a bit about the reason we setup Crypto Valley Association Malaysia.

Before going further into the topic of the session, an introduction to the whole technology movement is a must. That is, a century of technology innovation, by briefing into these questions:

1. What is blockchain?
2. What can we do with blockchain?
3. Where are we now?
4. Where are we heading?
5. Where do we want to go indeed?

Blockchain In The Supply Chain, Reality vs Dreams

Bitcoin is the buzz word, blockchain is the hype. There are still lots more to do before we can see the real impact.

Malaysia Internet Business Summit 2018

Highlights of Event

Keynote on

A Artificial Intelligence,
B Blockchain for business,
C Cloud Infrastructure,
D Big Data Analytics

Panel Session and take away:

E Ecommerce & O2O
F Finance tips for SMEs to LEAP to GROW

MATRADE Incentives on MDG & SEF
Customs Malaysia SST for the tech industry
Tech Workshop from IA members on various topics

Event Info: https://2018.mibs.internetalliance.my/index.html

There was a line up of other industry players sharing their perspective in their own expertise too.

Speakers: https://2018.mibs.internetalliance.my/speakers.html

Internet Alliance

Internet Alliance is a non-profit association set up in 2010 to represent the country’s major pool of Internet service and ‘middleware’ infrastructure providers – ranging web hosting companies, data centres, payment gateway and Cloud providers, web platform enablers, and eCommerce solutions provider.

IA serves as an effective networking platform for its entrepreneur-spirited members to educate and empower each other within a conducive ecosystem in order to share valuable learning and expertise amongst Internet leaders.

MaGIC | Malaysian Global Innovation & Creativity Centre

Empowering the spirit of entrepreneurship, creativity and innovation

MaGIC was first announced in October 2013 during the 4th Global Entrepreneurship Summit held in Kuala Lumpur. Cyberjaya plays home to the Centre as it is progressively becoming the preferred location for the technology-driven startup community.

On April 27th 2014, MaGIC was launched by President Barack Obama and Malaysia’s 6th Prime Minister with 7000 aspiring entrepreneurs in attendance. As part of the launch, MaGIC signed memorandum of understandings with Stanford University and UP Global to further foster and develop a vibrant startup ecosystem in Malaysia and beyond.

The post Malaysia Internet Business Summit 2018 @ MaGIC Cyberjaya appeared first on Blockchain Insider.

It was an honor to be able to share the same training ground with industry experts and friends from Crypto Valley Malaysia‘s ecosystem.

Shared the same content during MBLBC Oval Debate, Kuala Lumpur back in April 2018, only this time it took around 2 hours with more explanation.

Did some explanation on the database design as well, which can be found on sample chapter, page 18 of the book Blockchain Insider here

Touched a little bit about the Money Flower as well, where the diagram was shown in Central Bank-Issued Digital Currency (CBDC) Is Well On Its Way.

Quoted from Wikipedia

Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency, broadly defined, by exercise of the following powers:

1) Legal tender – the exclusive authority to designate the legal tender forms of payment.

2) Issuance and retirement – the exclusive authority to control the issuance and retirement of the legal tender.

The sheriffs are coming to the wild wild west, with loads of big guns and their lawyers or regulators.

Our crypto forensic expert Fazliq Iirfan shared with the audience how to use public domain such as Blockchain.info to trace the flow of Bitcoin and Etherscan to track Ether’s flow.

Iirfan also made a sharing on how to do a due diligence on ICO projects.

We had a great session on the first training program. Thank you Blockchain Academy Asia and our participants from a few countries – USA, Canada, Japan, Philippines, Pakistan, Singapore.

The post Blockchain 101 Training at Cyberjaya appeared first on Blockchain Insider.

A trip to Singapore was made on 16th July 2018 with colleagues from Crypto Valley Malaysia.

We made a few decisions along the way as we were attending CVA Forum #2 in Singapore, which was to be held the next day on 17th July 2018, in conjunction with Crypto Valley Singapore’s launching.

The Blockchain Ecosystem

Our host, Mr. Rennie gave his speech on The Blockchain Ecosystem.

We had panelist from Russia, Japan, Malaysia, and Singapore sharing their views and their home land’s blockchain ecosystem info with the audience.

It was a great session where ideas were exchanged and network was built.

Meet The Real Founders

The afternoon session was held at Pan Pacific Hotel Singapore, a full house session.

We had panelists from Malaysia, Singapore, Russia, New Zealand and United States.

A group photo of Crypto Valley Malaysia and Singapore’s team.

The event was planned and executed in quite an ad hoc way. Kudos, great minds.

We at Crypto Valley Alliance having some fun with the stage.

It’s a great meet up with another book author from Singapore, Karen New – who just launched her book New Assets – Ride on the Cryptocurrency Wave!: Step by Step Guide to build The Fastest Growing Assets

Looking forward for more global scale collaboration soon. After all, Blockchain is multi-discipline and tech is a global game.

The post Crypto Valley Alliance Soft Launch in Singapore appeared first on Blockchain Insider.