Malaysia’s UCTS to Implement Pilot Project for Blockchain Energy System

Asia Blockchain Review
July 30, 2019

University College of Technology Sarawak (UCTS), a Sarawak state government institution in Sibu, Malaysia, is collaborating on a joint pilot project with a consortium of firms to develop the country’s first blockchain-backed solar microgrid energy exchange and trading system.

As reported by The Borneo Post, the announcement was recently made by Vice-Chancellor Prof Datuk Dr Khairuddin Abdul Hamid after the on-campus opening ceremony of UCTS Research Center Symposium & Postgraduate Colloquium 2019.

Implementing Scalable Blockchain Energy Solutions

The project will initially be implemented on a small scale at the UCTS campus as part of the institution’s Smart Campus initiative, with the aim of eventually expanding to all campus buildings and facilities.

The university signed a memorandum of understanding (MoU) with consortium partners Gabungan Binaan Jurutenaga Sdn Bhd, Samdo Smart Solar Sdn Bhd and EPC Blockchain Sdn Bhd.

According to Khairuddin, the project serves as an example of how blockchain and other emerging digital technologies can enable ground-breaking business models for implementing scalable and sustainable green energy solutions.

 He also noted that these solutions have applications beyond smart cities, such as meeting the energy needs of Sarawak’s underserved communities.

Growing the UCTS Microgrid Blockchain Project

The UCTS Microgrid Blockchain project currently underway is expected to extend from pilot use cases at the UCTS campus to thousands of microgrid transaction ledger recordings in the near future.

Challenges involving existing revenue models and accumulated knowledge and resources of incumbents will be given special focus, opening opportunities for new approaches of software protocols, data ownership, licensing, auctions and reputation systems.

Both Gabungan Binaan Jurutenaga and Samdo Smart Solar aim to eventually produce a working model for commercial deployment at scale.


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

    Related Article
    2020: A Year Of Two Halves For Crypto
    As with humanity in general, the crypto market would emerge stronger from the trials and tribulatio...

    September 29, 2020

    Amanotes – A Booming Music-Tech Startup Conquers The Global Market
    Recently, ABR had a chance to speak to Mr. Silver Nguyen - CPO & Co-founder of Amanotes - a music ap...

    September 29, 2020

    A Deep-Dive Into The Benefits Of Blockchain Solutions In the Healthcare System
    Integrating blockchain solutions with healthcare services can reduce the burdensome costs involved i...

    September 28, 2020

    Apple Brings Online Store To India – A New Era Begins
    Apple launched the Apple Store online in India on September 23, offering Apple’s full range of produ...

    September 27, 2020

    We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us