Press Release: MOU Signed with Prasarana Urus to Integrate Blockchain into Johor's Halal Ecosystem
On Sunday 1st September 2019, a Memorandum of Understanding was signed between Prasarana Urus Sdn. Bhd. and WorldQuest International Sdn. Bhd. with the aim to collaborate within the scope of their mandates and sphere of competences to promote the Islamic economy sector within the state of Johor. Prasarana Urus will implement this collaboration within the framework of its Halal Project Development, to ensure that Malaysia continues to be recognised as one of the top global leaders of the Halal Industry.
As the Global Islamic Economic Indicator for the fifth year in a row, it is crucial that the growth and development of Malaysia’s Islamic service sector is diversified and supported by emerging technologies that are aligned with the muslim values.
The MOU was signed by Dato’ David Gurupatham as the Chief Business Officer of WorldQuest International Sdn. Bhd. and Dato’ Mohd. Noor Afanday bin Mohd Jaya as the CEO of Prasarana Urus Sdn. Bhd.
Representing WorldQuest International, Dato’ David Gurupatham was pleased to see the joint venture formalised and look forward in assisting Malaysia with this vision for the future by being the tech partner and advisor in this project with world class solutions based primarily on blockchain technology. He commented:” This step will become the catalyst that set into motion a string of initiatives for Malaysia to push its boundaries in Halal services and Islamic living model based on technology, specifically on blockchain technology.”