Jurnal Ekonomi Manajemen Bisnis dan Akuntansi
Vol. 1 No. 2 (2025): (January) Jurnal Ekonomi Manajemen Bisnis dan Akuntansi

The Role of Blockchain Technology in Improving Security and Transparency of Financial Transactions in Indonesia

Jen Surya (Unknown)
Iwan Efriandy (Unknown)
Reska Rahmatullah (Unknown)



Article Info

Publish Date
30 May 2025

Abstract

Blockchain technology has developed rapidly in recent years and is considered a promising solution for increasing security and transparency in financial transactions. Originally developed to support cryptocurrencies such as Bitcoin, blockchain is now being applied across various sectors, including banking and finance. This paper explores the role of blockchain technology in improving financial transaction systems, focusing on its ability to enhance security and transparency, thereby boosting user trust. It also examines the application of blockchain in Indonesia's financial sector, highlighting both the challenges and opportunities the country faces in adopting this technology. The methodology used in this study includes a qualitative analysis of existing literature on blockchain technology, case studies of its implementation in global financial systems, and an assessment of the regulatory landscape in Indonesia. The paper also discusses interviews with industry experts and stakeholders to gather insights into the practical challenges of blockchain adoption in the Indonesian financial sector. This research concludes with an analysis of blockchain's potential to revolutionize the global financial system, offering recommendations for its successful integration into Indonesia’s financial ecosystem. 

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Journal Info

Abbrev

jemba

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Manajemen Bisnis dan Akuntansi (JEMBA) published since July 2024 by publisher PT. Altaf Publishing Corp. Contains articles taken from research in the fields of Accounting, Economics and Business Management, published twice in January and July. Accounting: Financial Accounting Public ...