Could blockchain technology clean up corruption in the halal industry?

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'Blockchains inject trust into a halal supply chain and value chain of a brand owner who would be better able to guarantee halal integrity.' - Jamari Mohtar

The disturbing news about systemic and institutional corruption in the halal meat industry by a cartel comprising foreign exporters with the alleged connivance of four government agencies is a provocative reminder of how entrenched such a culture is in Malaysia .

Apart from the reactive need to fortify the Malaysian Anti-Corruption Commission with more resources, and to get the Agriculture and Food Industry Ministry to increase its governance of the issuance of approval permits for meat importers, given that corruption seems to be a way of life in Malaysia now, there is a pressing and proactive need get ahead of the curve to prevent something like this from happening again.

Through smart contracts, DLT could digitally prescribe processes and requirements according to a halal standard, verify halal compliance, and enforce the performance of halal supply chains. When someone requests a transaction, the request is broadcasted to a peer-to-peer network comprising computers – also known as nodes – that validate the transaction and the user’s status using known algorithms. Once verified, the transaction is combined with other similar previous transactions to create a new block of data for the ledger, which is then added to the existing blockchain in a way that is permanent and unalterable.

Blockchain technology removes the need for a trusted third party to ensure an independent assessment of the integrity of a product or its network, as the longest chain serves as proof of the sequence of events witnessed.

 

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Religion in tech? Halal?

Religion is already corrupting people's critical thinking skills. Of course nothing else can give religion integrity. It does a good job at discrediting itself anyway.

You reckon This is Malaysia kan.

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 /  🏆 4. in JP

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