Korea Institute of Halal Industry
Korea Institute of Halal Industry To Adopt Blockchain-Based Halal Platform Worldwide
November 11, 2019
Korea Institute of Halal Industry
Korea Institute of Halal Industry To Adopt Blockchain-Based Halal Platform Worldwide
November 11, 2019

Korea Institute of Halal Industry (KIHI), an organization that aims to promote and conduct research and testing on Halal products, has recently entered into an agreement with Malaysia’s Serunai Commerce to adopt a blockchain-enabled Halal platform that traces Halal products worldwide.

According to Salaam Gateway, Dr. James Noh, the Director-General of Korea Institute of Halal Industry, revealed that the institute will be promoting the new technology to manufacturers and encouraging them to access the blockchain-enabled platform in order to trace Halal products along the supply chain.

Dr. Noh said:

“KIHI expects to provide the Korean Halal industry with opportunities to trade Halal products and ingredients with global Halal traders through Serunai’s platform.”

Dr. James Noh

However, the Global Halal Data Pool, one of the tools in the system, will let Halal producers connect with buyers in almost 50 countries.

Meanwhile, the Verify Halal app will allow consumers to instantly check a product’s Halal status.

ALSO READ :  SiGMA show moves to April following early roll out of vaccine

One of the reasons behind the initiative was to promote more exports of Halal products from South Korea. As the Halal industry in Korea has grown with the establishment of Sejoong Shipping, the first Halal logistics service provider, the company has also received a Halal stamp from a certification body in Korea and will be using the new blockchain platform to trace its products.

In the meantime, the Korea Food Research Institute (KFRI) has introduced a testing laboratory to detect porcine DNA from food samples.

Thus, Dr. Noh stated:

“These two developments have been very potent for the infrastructure of the Korean Halal industry.”

Dr. James Noh

He added:

“Based on these, and there being more awareness of Halal certification, we are seeing rapid growth of the Halal industry in Korea.” 

Dr. James Noh

Source: salaamgateway.com | asiablockchainreview.com


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.