BLOCKCHAIN ROLE IN THE WORLD OF ECONOMY

 

 BLOCKCHAIN ROLE IN THE WORLD OF ECONOMY

The Indonesian Chamber of Commerce (Kadin) launches the Blockchain Hub which aims to be the main gateway to open an ecosystem network between blockchain activists in Indonesia and globally, and to become a forum for sharing and learning experiences.

Fundamentally, the advantages of the blockchain cannot be manipulated and transparent so that it has a promising impact in revolutionizing many industries and businesses in the world. The blockchain revolution will facilitate transactions between all levels of society to MSMEs or farmers as they now enjoy through internet penetration.

"Blockchain will provide convenience so that the trade finance business will disappear. The Society Worldwide Interbank Financial Telecommunication (SWIFT) in remittances will be lost and replaced by an easy and efficient blockchain," Triyono said.

"Indeed, there needs to be a forum that can encourage and help increase awareness and understanding of this technology. Therefore, we initiated the Indonesia Blockchain Hub," Regi explained.

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