KUALA LUMPUR: Malaysia aims to position itself as a frontrunner in blockchain technology adoption and innovation, said Deputy Digital Minister Datuk W...
Wilson Ugak, speaking at the event, listed several key areas where blockchain technology could transform Malaysia’s economy.Malaysia aims to position itself as a frontrunner in blockchain technology adoption and innovation, said Deputy Digital Minister Datuk Wilson Ugak Anak Kumbong.
“The recognition of blockchain’s significance is growing. Blockchain is increasingly recognised as a core technology driving the Fourth Industrial Revolution alongside artificial intelligence and Web3, ensuring Malaysia remains competitive in the global digital landscape,” he said at Malaysia Digital Tech Adoption Summit: Blockchain organised by Malaysia Digital Economy Corporation today.
“Blockchain enhances transparency and traceability from firm to consumer and provides the security necessary for decentralised finance,” he said, underscoring the importance of collaboration. He expressed confidence that, through collective efforts, Malaysia will drive a forward-thinking and secure digital future. “I am confident we will spearhead the revolution towards a secure and innovative future, positioning Malaysia as a global digital leader,” he added.
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