(Kuala Lumpur, 16 October 2017) A Memorandum of Understanding (MoU) was exchanged today between IPEC Bureau and Gas Discharge Visualization (GDV) development company Osaühing Bio-Well-KTI from Russia during the National Innovation and Creative Economy Expo 2017 (NICE 2017). The ceremony was witnessed by Malaysia’s Minister of Science, Technology and Innovation, YB Datuk Seri Panglima Wilfred Madius Tangau.
IPEC Bureau was represented by Chief Executive Officer Dr Juliana Lim, – who was recently appointed as an Ambassador for the NICE Expo 2017– while Bio-Well was led by its Innovative Technologist Professor Dr Konstantin Korotkov at Technology Park Malaysia, Kuala Lumpur.
The event was also graced by Mr. Kua Abun, the Deputy Secretary General in Planning & Commercializatio, Ministry of Science, Technology and Innovation (MOSTI) and the Director General of Department of Standards Malaysia, Datuk Fadilah Baharin. The MoU signifies a strategic technology transfer collaboration between IPEC Bureau and Bio-Well’s state-of-the-art technology, and marks an important milestone for the NICE Expo 2017, and Malaysia.
Bio-Well is committed to knowledge and technology transfer to IPEC. In turn, IPEC will utilise their patented know-how to work towards innovating the myIPEC project, a radical people transformation hybrid solution to form a ground-breaking social innovation chain.
The project will be developed with the GDV to provide crucial foresight for a hybrid solution for IPEC’s global certification of persons mobility with various fabrications of biological factors such as psychometrics, bio-energies, competencies metrology, well-being and cross broader security.
The Project will be based on validated and accredited data, and other technologies to empower the futuristic human capital revolution. It’s important to note that this solution will ultimately provide crucial foresight to effectively engineer the futuristic hybrid social development.
“Unconventional social innovation concepts are essential to prepare the Gen Z, Y, X, and “Baby Boomers”, also known as the WOW generation, to face current and future MEGA-TREND challenges, specially with the rise of the 4th Industry Revolution for Digital Transformation and Robotics,” said YB Datuk Seri Madius Tangau.
A local university will be selected as the base and partner for research and development.
“This project will be the cornerstone to build a Smart Community in Malaysia to drive productivity and boost the economic value chain for sustainable global competitiveness and today’s ceremony is a big step forward towards technological innovation in Malaysia with the introduction of a revolutionary means of measuring human biological factors,” said Dr Juliana.
“We live in the time of technologies. The 21st century is an informational century. We have transformed from material wealth to information wealth. Today technological devices are no longer merely devices. They have become means of transforming people’s lives,” said Prof. Dr. Korotkov.
This integrated technology concept will cover the Penta-Helix approach on cross-sector integration to spur national human capital development to stimulate the macro-societal economy, bring Quality Life, Quality Income, and Quality Opportunities through Science, Technology and Innovation.