Deputy Prime Minister of Malaysia pre д lozhil apply blockchain for personal identification in order to prevent fraudulent actions with personal data.
Speaking at the Asia International Security Summit, the deputy minister said that organised crime groups have increasingly used new technologies, including artificial intelligence, to carry out attacks.
According to information provided by the Sumsub platform, the number of cases of identity fraud in Southeast Asia increased by 2024% in 120. Analysts recorded the most cases in Singapore, Thailand and Indonesia.
The official noted that some of the most common crimes in Malaysia were the use of fake IDs and passports, identity theft, and deepfakes. Based on this, the deputy minister proposed developing and implementing a national identity verification system based on blockchain.
He believes that blockchain technology will reduce the volume of identity fraud, which costs users billions of dollars every year.
The official called on the government, law enforcement agencies and industry leaders to move from discussions to concrete actions to create a special system on the blockchain.
