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Malaysian Gov’t Committee Partners With Korean Lab to Develop Sharia-Compliant Blockchain

Published 06/19/2018, 01:23 PM
Updated 06/19/2018, 02:41 PM
Malaysian Gov’t Committee Partners With Korean Lab to Develop Sharia-Compliant Blockchain

South Korean blockchain lab IncuBlock has signed a Memorandum of Understanding (MOU) with a Malaysian government advisory committee for blockchain tech development permissible under Sharia law, local news outlet IT World reported yesterday, June 18.

Blockchain tech has previously been used in terms of tracking halal foods, as UK-based HALAL TRAIL has begun using blockchain to track livestock and fresh food from farm to table through the halal food chain.

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