Journal of Finance, Economics, and Business
Vol. 3 No. 1 (2024): JFEB, May 2024

CRITICAL REVIEW OF THE USE OF BLOCKCHAIN TECHNOLOGY IN IMPROVING MSME DATA TRANSPARENCY AND SECURITY

Husriadi, Muh. (Unknown)
Bahar, Harmiaty (Unknown)
Windayani, Windayani (Unknown)



Article Info

Publish Date
30 May 2024

Abstract

The use of blockchain technology in MSMEs is an increasingly important topic to support data transparency and security. The aim of this research is to evaluate the effectiveness of blockchain technology in increasing transparency and data security for SMEs in Mandonga District, Kendari City. The research approach uses descriptive qualitative by involving respondents from MSME actors. The analysis results show that the application of blockchain technology has a positive effect in improving data integrity, reducing security risks and increasing customer trust. The implication of this research is that MSMEs can use blockchain technology to improve their business performance and meet increasingly stringent compliance requirements. Therefore, this research provides a strong theoretical and practical foundation for the application of blockchain technology in the MSME environment and provides valuable insights for practitioners and researchers in the field.

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Journal Info

Abbrev

feb

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of Finance, Economics, and Business (JFEB) is a journal that publishes scientific articles in the fields of economics, finance, and business with focus areas on the Asia-Pacific region. The Journal of Finance, Economics, and Business (JFEB) is published online twice a year in May and ...