Blockchain Implementation: Myth and Challenges

26 pages. The paper on 'Blockchain Implementation: Myth and Challenges' was presented by Mr. Ahmad Zuhairi Ismail (Principal Engineer of MIMOS Berhad) at industry briefing on Unblocking Blockchain: Benefits of Blockchain in the Manufacturing Industry on 29 September 2021. Among the contents discussed were the key elements and type of blockchain, MyChain Platform Deployment, and blockchain myths such as crypto currency, ‘truth machine’ and etc. The speaker further explained the blockchain in manufacturing with empowered sustainable manufacturing framework and shared its benefit. The presentation was then concluded with the topic of challenges of blockchain in manufacturing applications. In this webinar, the guest speakers include YBrs. Ts. Dr. Mohd Nor Azman Hassan, Deputy Secretary-General (Technology Development) of Ministry of Science, Technology and Innovation (MOSTI), Mr. Ahmad Zuhairi Ismail, Principal Engineer of MIMOS Berhad and Ms. Mastura Ishak, Principal Researcher of Malaysian Industry-Government Group for High Technology (MIGHT). They presented key information and insights on how blockchain can be incorporated and commissioned into the manufacturing operations, administrations, R&D and technological elements to achieve greater productivity outcomes. This briefing encouraged and enhanced Malaysian manufacturers for global exports and offered ways to improve their manufacturing capabilities and performance by implementing blockchain through streamlining operations, gaining greater visibility into the supply chain and effectively tracking assets with unprecedented precision.