Blockchain as E-Commerce Platform in Indonesia

The progress of technology and information system force digitalization process such as e-commerce to emerge. In Indonesia, the utilization of e-commerce has flourished because it has many benefits and advantages to broaden the market and stay competitive. However, it is faced with many challenges su...

Full description

Saved in:
Bibliographic Details
Published in:Journal of physics. Conference series 2019-07, Vol.1179 (1), p.12114
Main Authors: Ismanto, L, Ar, H Suwito, Fajar, A N, Sfenrianto, Bachtiar, S
Format: Article
Language:English
Subjects:
Blockchain
Cryptography
Digital currencies
Digitization
Electronic commerce
Fraud
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The progress of technology and information system force digitalization process such as e-commerce to emerge. In Indonesia, the utilization of e-commerce has flourished because it has many benefits and advantages to broaden the market and stay competitive. However, it is faced with many challenges such as fraud, commission fees, limited contact between buyer and seller and misuse of personal data. Blockchain implementation has the potential to solve this problem with increased security and transparency through the implementation of cryptocurrency in payment and smart contracts. This paper explores the usage of the blockchain, cryptocurrency and smart contract to e-commerce for a secure and efficient transaction in Indonesia. The result will be used to propose blockchain technology as e-commerce platform architecture and systems in Indonesia.
ISSN:1742-6588
1742-6596
DOI:10.1088/1742-6596/1179/1/012114