Claim Missing Document
Check
Articles

Found 2 Documents
Search

E-commerce and digitalization drive Indonesian export growth, competitiveness, and global market expansion Ni Ketut Masih; I Gede Wahyu Antara Kurniawan; I Ketut Suarja
Journal of Commerce, Management, and Tourism Studies Vol. 5 No. 1 (2026): April 2026
Publisher : YAYASAN MITRA PERSADA NUSANTARA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58881/jcmts.v5i1.330

Abstract

This study examines how the expansion of e-commerce and the broader digital economy influences Indonesia’s export growth across provinces and sectors. Building on evidence that digitalization and e-commerce enhance export volumes and competitiveness but also generate regional disparities and supply‑chain frictions, the research aims to quantify these effects and identify strategic policy levers. Using panel data for 34 provinces from 2013–2023, the study constructs a composite digitalization index (internet infrastructure, e‑commerce intensity, digital payments) via the entropy method and estimates fixed‑effects and mediation models linking digitalization, sectoral composition, and exports. Econometric analysis tests heterogeneity between western/central and eastern regions and the mediating role of MSME digital adoption and logistics performance. The findings are expected to show that stronger digital development is associated with higher export volumes, especially for MSMEs, while weaker regions and sectors risk being left behind. The paper concludes with policy recommendations for digital infrastructure, skills, and export‑oriented e‑commerce ecosystems to support inclusive export growth.
The rise of decentralized finance (DeFi): Opportunities for disruption in traditional financial models I Gede Wahyu Antara Kurniawan; Made Sudiarta; Luh Mei Wahyuni; Ida Ayu Ketut Sumawidari; Kasiani Kasiani; Maria Bernadetha; Muhammad Zulfan; Firman Sinaga
Journal of Education, Social & Communication Studies Vol. 2 No. 2 (2025): May 2025
Publisher : PT. MAWAMEDIA JAYAMUSTA BUANASIHA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.71028/jescs.v2i2.15

Abstract

The rise of Decentralized Finance (DeFi) represents a transformative shift in the global financial landscape, challenging traditional financial models and offering new possibilities for a more inclusive and efficient financial system. This study aims to explore the opportunities and challenges that DeFi poses to the conventional financial sector, focusing on its impact on banking, credit systems, investments, and payment systems. A mixed-methods approach was employed, including secondary data analysis, expert interviews, and first-hand experience with DeFi protocols such as lending, borrowing, and arbitrage. The findings highlight the significant potential of DeFi in creating alternative financial models that can increase financial inclusion, enhance access to capital, and reduce transaction costs. Recent data indicates that the Total Value Locked (TVL) in DeFi platforms has surged to over $50 billion as of January 2025, reflecting growing adoption. Additionally, daily transaction volumes across major DeFi platforms have reached approximately $10 billion, with active users exceeding 4 million globally. However, the research also identifies critical challenges, including regulatory uncertainty, security vulnerabilities, and the complexity of DeFi platforms, which pose barriers to mainstream adoption. This paper contributes to the understanding of how DeFi can reshape the financial ecosystem, offering insights into its future potential, the risks involved, and the steps required to address the existing challenges. Furthermore, it underscores the need for ongoing research into the regulatory aspects of DeFi and its collaboration with traditional financial institutions.