Spearheading innovation in agriculture

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The solution leverages a combination of today’s leading technologies, including distributed ledger technology (DLT) and the Internet of Things (IoT).

Among the core pillars of any country, agriculture has seen notable growth in recent years, but its lagging development has not kept pace with the current population boom and technology advancements.

Labuan launch: DSTE administrative and investor relations head Steven Goon, business development head Datuk Seri Jerry Tay Yeong Min, CEO Datuk Seri Tan Choon Keng, Lim and Chin pose on stage at DSTE’s launch in Labuan on Saturday. In line with the government’s National Agro-Food Policy 2.0, DSTE Chain will incorporate IoT devices to boost productivity in crop yield and cut down on resource wastage, to push agriculture into the fourth industrial revolution.

In the case of an outbreak, it will enable a quick and accurate response to pinpoint and solve the root cause of plant or animal diseases.“We see a pressing need to resolve food fraud and safety issues in the industry. The lack of transparency and traceability in the food supply chain is often caused by outdated or traditional systems that lead to inefficiency in data sharing,” Chin opined.

Lim said, “Currently in Malaysia, not many farmers are planting MD2 pineapples. Hence, the market opportunity window is huge as demand is currently more than the available supply.” “Boosting the efficiency of data sharing not only increases the productivity of the supply chain network, but also improves the income and livelihood of small-scale farmers, who are the backbone of the industry,” Chin opined.

 

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