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Journal : Blockchain Frontier Technology (BFRONT)

Blockchain ​​and Smart Contract Applications Can Be A Support For Msme Supply Chain ​​finance Based On Sharia Crowdfunding Ayu Sanjaya, Yulia Putri; Akhyar, Musthofa Ainal
Blockchain Frontier Technology Vol. 2 No. 1 (2022): Blockchain Frontier Technology
Publisher : IAIC Bangun Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/bfront.v2i1.108

Abstract

Financial supply chain (Supply Chain Finance/SCF) is a hot topic in supply chain management research (Supply Chain Management). SCF's goal is to diversify funding sources from companies with limited capital and be able to improve financial efficiency throughout the company's supply chain network. SCF has become a source of short-term funding for thousands of micro, small and medium enterprises (MSMEs). The current research on SCF still uses a conventional financial framework, and no SCF research uses an Islamic financial framework. This study aims to develop an SCF framework and system based on Islamic sharia principles in the form of a sharia crowdfunding platform using blockchain technology and smart contracts. The system design produced by this research uses smart contracts that are run using the Ethereum protocol to prevent fraud/embezzlement and improve the security system on the planned platform, according to blockchain characteristics, which are very difficult to take over.
Information Decentralization in the Digital Era: Analysis of the Influence of Blockchain Technology on E-Journal Applications Using SmartPLS Faturahman, Adam; Rahayu, Sri; Triyono; Wijaya, Surta; Ayu Sanjaya, Yulia Putri
Blockchain Frontier Technology Vol. 4 No. 1 (2024): Blockchain Frontier Technology
Publisher : IAIC Bangun Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/bfront.v4i1.497

Abstract

This research explores the latest in information decentralization using blockchain technology in e-journal applications. Using a Partial Least Squares Structural Equation Modeling (PLS-SEM) approach via SmartPLS, this research integrates variables such as Data Security (KD), Information Transparency (IT), and User Participation (PP) to measure the direct and indirect influence ofblockchain technology . Data was collected from 250 respondents consisting of researchers, developers and end users of e-journals. Analysis shows that Data Security (KD) plays an important role in increasing Information Transparency (IT) with a path coefficient value of 0.75. Furthermore, Information Transparency (IT) significantly influences User Participation (PP) with a pathcoefficient value of 0.65. These results suggest that blockchain implementation not only improves data security, but also facilitates greater transparency, which in turn increases user participation in e-journals. This research makes an important contribution to the literature by showing how specific variables can be leveraged to optimize the application of blockchain technology in the context of e-journals.