LABUAN: DSTE Capital Limited, Malaysia’s home-grown agro-tech firm, has launched new technology to resolve the challenges faced in the Malaysia agriculture industry. It introduced the DSTE CHAIN, which a complete ecosystem in the agricultural chain and is equipped with the advanced technology, namely Distributed Ledger Technologies (DLT) system. This technology enables DSTE to make agricultural processes traceable through food supply chains, at the same time preventing fraud, malpractice and enabling transparency in the supply chains with the aid of blockchain and other innovative technologies. With DSTE CHAIN and the application of DLT ecosystem, market participants, authorities, and consumers will be able to obtain the information of the agriculture of food produce, from the farm that it was planted, the factory it was processed and/or produced, to the market’s shelf where the consumer will do their purchases. The whole process is documented into DSTE’s blockchain system, of which is decentralised, immutable, and transparent. At the recent launch, DSTE’s Chief Financial Officer Dr Chin Kuen Liang said blockchain system is changing the way we do business, especially in transaction and asset management. “In China, people have even started to use smart applications of blockchain system in their smart city, ranging from how… Read full this story
- Vietnam-Singapore Smart Energy Solutions opens headquarters
- Samsung SmartThings integration brings smart home control to Mercedes-Benzes
- Why we’re focusing on agriculture, industrial revolution ― CBN
- Why we are focused on agriculture, industrial revolution – CBN
- Vinh Phuc promotes agricultural processing industry
- Agriculture 2.0: With drones, analytics and mobile apps, agri-tech startups are tackling India’s farming problems
- Rajasthan government introduces Bills to negate impact of Centre’s farm laws
- R&D, integration with service sector key to doubling farm income: Experts
- What the agriculture census shows about land holdings in India
- Man plants seeds of hope in Vietnamese community with clean farming
DSTE brings smart farming solution to agriculture industry have 311 words, post on www.thesundaily.my at July 26, 2019. This is cached page on Asean Breaking News. If you want remove this page, please contact us.