July 2018

Malaysia’s TNB gets its first taste of blockchain with NEM


One of the industries that have taken a significant interest in blockchain has been the energy industry with various blockchain related solutions made for the industry in general.

So it’s no surprise that Malaysia’s own government-linked energy company, Tenaga Nasional Berhad (TNB) would be interested in blockchain as well and NEM Malaysia had the honour of hosting the company and its employees in a private Blockchain Awareness and Training session recently on 17 July 2018.


NEM SEA’s Regional Head, Stephen Chia giving an introduction to Blockchain to the TNB employees

A total of 150 TNB employees were in attendance at the NEM Blockchain Centre in Glo Damansara, Kuala Lumpur, Malaysia where they were walked through the basics of Blockchain by Stephen Chia, NEM Southeast Asia’s Regional Head, as well as given an introduction to NEM’s use cases by Lance Cheang, NEM Southeast Asia’s Project Director.


A breakout session was held to map out challenges in TNB that could be potentially solved with blockchain

In a subsequent breakout session, NEM Malaysia and the TNB staff were able to map out some challenges in the company that could be potentially solved with blockchain.

“Blockchain technology is disrupting many industries and is doing the same in the utilities industry. We are delighted to work with Tenaga Nasional to support them with the NEM blockchain platform to empower them in solving some of the challenges within the power and utility sector, perhaps even to create new business opportunities. NEM Malaysia looks forward to working closely with TNB to discover these opportunities with our NEM blockchain,” said Stephen on the session with TNB.

With TNB staff in attendance finding the session enlightening and fruitful, there is hope of a collaboration between NEM and TNB in the near future.

NEM MalaysiaMalaysia’s TNB gets its first taste of blockchain with NEM
read more