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
GSMA Hong Kong Expresses Positive Outlook for Blockchain
Paul Ulrich, Senior Policy Manager of APAC, GSMA Hong Kong, revealed that developing countries acros...

August 22, 2019

India’s Reliance Jio Unveils Its Massive Blockchain Network
Reliance Jio will install across India one of the largest blockchain networks in the world “with ten...

August 22, 2019

Mosendo, the Final Piece of the Cryptocurrency Payments Puzzle
We kick off the interview series with Clayton Roche, the Head of DeFi with Mosendo and the community...

August 21, 2019

Escalating Protests in Hong Kong Reinforce Bitcoin’s Safe Haven Status
Demand for Bitcoin is surging as more people look to reliable safe haven currencies in the face of e...

August 21, 2019

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