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All Journal Aptisi Transactions on Management ICIT (Innovative Creative and Information Technology) Journal Journal Sensi: Strategic of Education in Information System CICES (Cyberpreneurship Innovative and Creative Exact and Social Science) IAIC Transactions on Sustainable Digital Innovation (ITSDI) International Transactions on Education Technology (ITEE) Blockchain Frontier Technology (BFRONT) Saturnus: Jurnal Teknologi dan Sistem Informasi
Saputro, Janu Ilham
Universitas Raharja
Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Social Sciences

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Journal : Blockchain Frontier Technology (BFRONT)

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Challenges of Bitcoin Blockchain Technology in Real-World Apps Fauzi, Rizky Amien; Nugroho, Indrawan; Saputro, Janu Ilham; Mahesa, Dimas; Fadhillah, Muhammad Daffa
Blockchain Frontier Technology Vol. 2 No. 2 (2023): Blockchain Frontier Technology
Publisher : IAIC Bangun Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/bfront.v2i2.207

Abstract

Blockchain is the newest innovation in the fields of internet of things, social media, and cloud computing. Blockchain has quickly become a force to be reckoned with thanks to its reputable uses and rapid development. However, the application of blockchain is not just restricted to bitcoin or other cryptocurrencies. This paper clarifies blockchain requirements outside of bitcoin. In addition, this study offers insights into the mechanics, problems, and evolution of blockchain technology based on a literature review. The difficulties or difficulties in applying blockchain technology to real-world applications were identified in this study. The main issue that needs to be solved is how to securely utilize blockchain technology on small-scale applications.For the secure deployment of the blockchain on small-scale applications or projects, the proposed consensus mechanism might be helpful.
Human Development and the Business Model Impact of Bitcoin Transactions Saputro, Janu Ilham; Rahmadani, Ade Agung; Sriyono, Diaz Mauludin; Yuliyanto, Hizkia; Silaban, Nia Adelina
Blockchain Frontier Technology Vol. 2 No. 2 (2023): Blockchain Frontier Technology
Publisher : IAIC Bangun Bangsa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/bfront.v2i2.212

Abstract

This essay provides characteristics of three emerging business models to comprehend the logic and importance of business model design about the impact of bitcoin transactions on human development. This essay argues that a business model is a social construction that describes how value is produced, and that value production requires human agency. The creation of value through a human agency is demonstrated by the use of bitcoins. Some businesses are changing how they conduct business as a result of the decentralization of financial transactions in a global internet information architecture. The highest volume of cryptocurrency exchanged to date, bitcoin, is supported by this infrastructure. It seems that bitcoin is having an impact on new company models. However, little is known about the development of these models and their implications. This paper provides a theoretical framework for understanding the logic and worth of business models about the use of bitcoin and human agency. It examines the impact of bitcoin transactions on human development. The results show that where people have access to the internet, there is a favorable association between bitcoin transactions and human development. Cluster analysis is used to analyze the logic and value of business model design from the bitcoin effect based on various variables. The evolving paradigms that each of these nations represents are divided into three groups. This paper's contribution is to reveal the bitcoin effect, which is evident in the new business models it makes possible. Based on the logic of its design, this can be used as a lens to analyze the value produced by a bitcoin business model.
Co-Authors Agus Sofyan Ahmad Syaefud Daeroby Cici Alviona Roza Dedi Martono Fadhillah, Muhammad Daffa Fauzi, Rizky Amien Gojali, Muhamad Fikri Harfizar, Harfizar Hasibuan, Irfan Yuanda Mahesa, Dimas Marini Ekawati Muhamad Alfarel Julianto Muhamad Miqbad Attamami Muhammad Faisal Nissa, Nadia Khaerun Nisya Istiqomah Arifin Nugroho, Indrawan Octavia, Dwiana Octipany, Rulita Praditya Aliftiar Prastyo, Doni Putri Ika Wati Rahmadani, Ade Agung Ramadhanti, Kinanti Dara Rulita Octipany Sa'adah, Lailatus Ferahma Silaban, Nia Adelina Siti Sunariah Sriyono, Diaz Mauludin Syifa, Yasyfiyani Utami, Wiranti Sri Wati, Putri Ika Wibisono, Hurdjanto Yulandha, Nadia Yuliyanto, Hizkia