WhatsHalal — a startup based in Singapore — is streamlining the halal certification process using a blockchain platform with the aim to serve Indonesian businesses seeking halal certification, as the latter country is set to implement new halal laws by the end of 2019.
The Indonesian government has announced that the new regulation on halal certification will be implemented, covering a wide range of consumer products from cosmetics and pharmaceuticals to food.
According to e27, businesses related to products that require a halal certificate must pass a certification process and secure a halal label within the next three years. Those who do not obtain a halal certificate in compliance with the new regulation will be penalized.
The new regulation means that 1.5 million businesses in the country with the world’s largest Muslim population will need to find a way to obtain a halal stamp on their products. To address the new demand for regulatory compliance, Singapore-based startup WhatsHalal has announced that it is using a blockchain platform to offer a smarter way to gain halal certification.
CEO Azman Ivan Tan said the WhatsHalal platform can help ease the entire process of obtaining halal certification. He explained that companies can choose the market for their products, while the platform will determine whether the company can carry out the audit process independently or a consultant is required. With a fee, WhatsHalal can help upload the ingredients of the products, and the blockchain-powered system will verify if they are halal.
In the future, WhatsHalal will also offer a halal scanner for consumers, giving them transparent access to the origins of their purchases.
Source: e27.co
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:
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