According to Dr Mohamed Ariff Ameedeen, from University Malaysia Pahang (UMP), the solution could lie with blockchain technology. Mohamed Ariff said it took a couple of days to configure the blockchain node and a few more days to input the 180 students’ data. Creating trust in transactionsFor banker turned blockchain technologist Bobby Varanasi, limiting the technology’s application to Bitcoin is just shortsighted. “A lie, once committed to blockchain, would become an immutable one,” said Jain, referring to how data can only be added but not modified on a blockchain. “In today’s world, lack of trust is increasingly permeating the world of trade, both politically and financially... blockchain as a tech has finally presented an opportunity to create trust amongst a variety of parties that transact with each other,” said Varanasi.
Source: The Star March 26, 2018 10:07 UTC