MiGHT, Bloktex to jointly develop Malaysian blockchain industry

What have the highlights and challenges been during your tenure at Visa? I recall a few highlights in my career at Visa. Firstly, I am the longest serving employee in Visa Malaysia since we established our local office. I worked my way up from being a project manager to head of sales for Malaysia, and finally the country manager for Malaysia with strong support, coaching and mentorship from my manager. Visa used to come second against our competitor in the industry but today, we are the market leader.

In addition, I was involved in several first-inmarket initiatives in Malaysia such as the EMV (Europass, MasterCard and Visa) migration KUALA LUMPUR: Malaysian Industry-Government Group for High Technology (MiGHT) and Bloktex Sdn Bhd are working together to develop the country’s blockchain industry.

MiGHT Blockchain Programme director Mastura Ishak said blockchain is a technology that acts as a platform to transfer and transact value in a fast, safe and economical manner.

“Malaysia has started looking at blockchain since last year and although it is a relatively new industry with only a few global players, we believe Malaysia can excel if we focus on a niche segment within the industry.

“We are seeing encouraging response from foreign players who are interested to set up centres of excellence for blockchain here to educate the younger generation,” she told reporters on the sidelines of the Kuala Lumpur Blockchain Conference here on Saturday.

She said blockchain is part of the digital economy and had been identified in the World Economic Forum as the top 10 emerging technologies of 2016.

The two-day conference coorganised by MiGHT and Bloktex, serves as an opportune window to understand the technology, its potential and disadvantages, as well as its projected future. – Bernama