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Blockchain Technology Malaysia 2019

Adapting Business and Industries

Medini City, Iskandar Puteri, Johor, 29 April 2019: The landscape of blockchain technology in Malaysia is further broaden to Iskandar Puteri region with the first open Blockchain Technology Malaysia 2019 event spearheaded by OK Blockchain Centre (OBC) at Fraser Place Puteri Harbour, Johor. The grand opening ceremony was graced by the CEO of OK Blockchain Centre whom is also the President and CEO of OKWAVE, Japan.

The event featured five influential speakers and panelists from Malaysia, Singapore and Japan. The chairman of Malaysia’s National Standards Committee on Blockchain Distributed Ledger Technologies, Department of Standard Malaysia, Mr Abdul Fattah Mohamed, provided input surrounding the development of ISO standards of blockchain involving many countries worldwide. Mr Kazutaka Mori, the Head of Fintech & ICO team from One Asia Lawyers based in Singapore, strategically shared views on Malaysia’s Position in Asia’s Crypto Regulation. OBC’s research partner UTM, lead by Prof Dr Kamarulnizam Abu Bakar, chairman of the Smart Digital Community Research Alliance, concurred a few research findings on the OBC-UTM shariah based digital currency studies as presented in 4th International Halal Conference 2019, in Osaka Japan on 22- 23 April 2019.

The event is also co-organized with i2M Ventures, the a wholly-owned subsidiary of Khazanah Nasional Bhd and BlockOn, a Singapore-based blockchain venture capital firm providing incubation, acceleration and advisory support to global innovators of blockchain-based technologies. Mrs Salina of i2M Ventures responsible in Partners & Stakeholders Engagement, Project Management and Corporate Services Units, presented a comprehensive package of incentives and support for existing and future stakeholders in Iskandar Puteri, specifically expressing interest in human capital building for blockchain technology.

OBC highlighted the success of nurturing over 60 full fledge programmers in blockchain technology since its inception in May 2018. This is an outstanding achievement in developing homegrown blockchain skilled programmers. Ninety percent of which are local talent, diligently trained in OBC’s very own facility in Medini 9, Medini City, Iskandar Puteri, Johor. In less than a year of set-up, OBC has profitably delivered revenue projects for overseas markets.

Additionally, OBC has shared four of a very eye-opening blockchain solutions which covers not only financial but also the non-financial based applications. For financial segment, OBC has developed CTRAX, a mobile wallet application with decentralized technology that sets them apart from its competitor. Besides CTRAX, OBC also developed a web-browser wallet application called URwallet with highest security features as alternative to manage crypto assets. These will further spawn the new currency evolution needs. Both solutions offered white label options, allowing crypto currency producers to customize the applications to their brands while reducing the loads of coding.

Another interesting solution developed by OBC is the OBC token platform (ICO platform). It is a revolutionary angle of producing crypto currencies with just push of buttons. The platform serves as launching tool, market penetration tool as well as sustainability programs to ensure the success of each token. Aligned with the digital currency exchange regulations that is in the development process in Malaysia and other countries, OBC has stepped forward to incorporate features that ensures KYC/ AML and data privacy requirement based on regional needs, can be catered. “OBC is committed to produce solutions that is aligned with any regional laws yet pushing forward towards paradigm change on the crypto currency evolutions. There are tremendous opportunities to encourage economy through this new era of crypto currency. Having said that, crypto currency should be seen as a complementary to the fiat system,” Matsuda emphasized.

On the non-financial segment, OBC has put an attractive effort to develop an e-voting application based on blockchain. The solution is designed for the use of open voting such as polling; and secured voting such as presidential voting with stringent elements of KYC and more. To stir more interest, OBC has included a BcVote hosting for everyone to experience on the event.

OBC has proven the success of blockchain development and demonstrated ways moving forward for businesses and industries to adapt into blockchain bandwagon. With aim to nurture more than 100 programmers by end of 2019, OBC has shown the pathway for the adaptation into blockchain technology to be in its fastest track.

**ENDS**


About OK BLOCKCHAIN CENTRE Sdn Bhd (OBC)

OBC is an IT development center responsible for the strategic advancement of the OKW group (Japan), based on blockchain technology. OBC is located at a Medini 9, Central Business District of Iskandar Puteri, Medini City.

OBC has a wide range of collaborations with Malaysia government, local universities and local influential companies. OBC aims to make Johor a blockchain development special zone. For more information, visit us at: https://www.okwave.global/


About OKWAVE Inc

OKWave Co., Ltd. was founded in July 1999, and begun operating since January 2000 with its headquarter in Tokyo, Japan. OKWave is Japan's first and largest Q&A site, with the motivation to “establishing a mutual space that brings together physical and emotional well-being, through the creation of a platform to help each other and to contribute to the development of the world”. In June 2006, OKWAVE had became a public listed company on Nagoya Stock Exchange (NSE), Okwave (3808:Nagoya Stock Exchange). Based on OKWAVE’s Know-How, its services diversifies in many areas, which includes:

No.1 FAQ system that is OKBIZ for FAQ / Helpdesk Support which covers major corporations and more than 500 Japanese government agencies
(https://www.okwave.co.jp/business/service/biz-faq-helpdesk/)

OKBIZ for Community Support as customer participation support community tool
(https://www.okwave.co.jp/business/service/okbiz-cs/)

OKBIZ for AI Agent as AI agent services
(https://www.okwave.co.jp/business/service/okbiz-ai-agent/)

Latest, OKWAVE is also providing services in rewarding the member of society in the expansion of “Thanks Economy” platform using combined technologies of AI, Blockchain and Information security.
(https://thanks-economy.com/)

Learn more: (https://okwave.jp)





For media inquiries, contact:

NORLISA BINTI FRANCIS NORDIN
Senior Manager, GENERAL AFFAIRS
Mobile: +60124756059
DID: +6075102930
Email: norlisaf@okwave.global