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.

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