The Malaysian Anti-Corruption Commission (MACC) is adopting blockchain and artificial intelligence (AI) technologies in its fight against corruption and fraud. MACC chief commissioner Tan Sri Azam stated that as criminals increasingly utilize sophisticated tools for corruption and fraud, the government must also capitalize on the latest emerging technologies to counter these threats.
Azam made these remarks at the 3rd International Conference on Technology, Humanities, and Management in Fuvahmulah, Maldives. He highlighted that ‘crypto’ fraud and scams, cybercrime, and AI misuse were amongst the most challenging sectors for regulators in the digital age.
“Technological progress can actually be leveraged with the use of AI, including its use from the aspect of data analytics, as well as blockchain technology,” Azam noted. He added, “Blockchain ensures immutable transaction records, while AI enhances data analytics, enabling the detection of fraud patterns and financial irregularities.”
Blockchain technology offers several advantages in combating corruption in the public sector. Its immutable records restrict manipulation, and the transparent ledger enhances accountability. Additionally, blockchain’s smart contracts can automate public service processes, thereby reducing opportunities for corruption.
The Malaysian government has been increasingly promoting the adoption of blockchain technology. Recently, Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi announced that the government is exploring the use of blockchain to bolster digital security. Prime Minister Datuk Seri Anwar Ibrahim also revealed that Malaysia is working with the United Arab Emirates government to explore blockchain and digital asset regulations.
The government has also incorporated blockchain technology into its new digital identity ecosystem, available through the MyDigital ID Superapp. This app, which includes a digital wallet, allows Malaysian firms to integrate their services and use its direct login feature. The app is built on the Malaysia Blockchain Infrastructure, a national blockchain network maintained by MIMOS Berhad, the country’s national research and development center.
Fadzli Shah, who heads MIMOS subsidiary, MYEG, stated, “This platform will simplify access to digital services while maintaining the highest standards of data security and user privacy. At the same time, it will enable businesses to unlock new opportunities and streamline their operations in the digital age.”
To effectively utilize AI in the face of these challenges, it is essential to integrate an enterprise blockchain system. This system ensures data input quality and ownership while keeping data safe and guaranteeing the immutability of data. The integration of these technologies will help governments and businesses alike to keep pace with the evolving digital landscape.
