Crises in governance and economic practices result in trust-deficit, manifesting as scepticism, hesitancy and rejection in the context of Covid-19 pandemic.
By creating new market demand and accelerating innovation capability in the private sector, Malaysia could move towards a first-mover economy, low-carbon economy and inclusive society soon.
The most suitable is the permissioned blockchain whose intrinsic configuration controls the participants’ transactions and defines their roles in accessing and contributing to the blockchain.
Education should be the core foundation for the society to experience transformation and in the case of improving youth's financial literacy, financial education needs to start from an early age.