https://journal.pandawan.id/b-front/issue/feedBlockchain Frontier Technology2024-10-31T16:15:03+00:00Untung Rahardjab.front@pandawan.idOpen Journal SystemsB-Front Journalhttps://journal.pandawan.id/b-front/article/view/568The Use of Blockchain Technology for Smart Contracts in Future Business Agreements2024-07-04T15:55:39+00:00Claudia Ovaliani Putriclaudiaputri290705@gmail.comJacob Williamswilli.jacob@ilearning.coLuna Anastasyalunlunnn15@gmail.comDyah Juliastutidyahjuliastuti2@gmail.com<p>The rapid advancement of technology in the digital era has prompted many companies to develop their businesses in line with current trends, one of which is by applying blockchain technology to smart contracts. This technology is a derivative of Cryptocurrency, which has become a trend in asset trading. The blockchain system in Cryptocurrency enables smart contracts to be designed to operate autonomously through blockchain technology using programming languages translated into legal language. This study aims to analyze the legality of using blockchain technology for smart contracts as legal products in the digital era and to assess the effectiveness of blockchain technology on smart contracts in business agreements between companies in Indonesia. This research employs a normative juridical method, focusing on the prevailing legal regulations related to the legality and effectiveness of using blockchain technology in smart contracts. The study concludes that the potential of blockchain for smart con- tracts is significant, given its efficiency and practicality, which can also reduce transaction costs. However, its implementation still needs to adapt to existing technologies, be easily accepted by society, and have stronger legal guarantees in its application.</p>2024-09-18T00:00:00+00:00Copyright (c) 2024 Claudia Ovaliani Putr, Jacob Williams, Luna Anastasya, Dyah Juliastutihttps://journal.pandawan.id/b-front/article/view/497Information Decentralization in the Digital Era: Analysis of the Influence of Blockchain Technology on E-Journal Applications Using SmartPLS2024-02-22T11:19:22+00:00Adam Faturahmanadam.faturahman@raharja.infoSri Rahayusri.rahayu@raharja.infoTriyonotriyono@raharja.info Surta Wijayasurta.wijaya@raharja.infoYulia Putri Ayu Sanjayayulia.putri@raharja.info<p><span dir="ltr" role="presentation">This</span> <span dir="ltr" role="presentation">research</span> <span dir="ltr" role="presentation">explores</span> <span dir="ltr" role="presentation">the</span> <span dir="ltr" role="presentation">latest</span> <span dir="ltr" role="presentation">in</span> <span dir="ltr" role="presentation">information</span> <span dir="ltr" role="presentation">decentralization</span> <span dir="ltr" role="presentation">using </span><span dir="ltr" role="presentation">blockchain technology in e-journal applications. Using a Partial Least Squares </span><span dir="ltr" role="presentation">Structural Equation Modeling (PLS-SEM) approach via SmartPLS, this research </span><span dir="ltr" role="presentation">integrates variables such as Data Security (KD), Information Transparency (IT), </span><span dir="ltr" role="presentation">and User Participation (PP) to measure the direct and indirect influence of</span><br role="presentation"><span dir="ltr" role="presentation">blockchain technology .</span> <span dir="ltr" role="presentation">Data was collected from 250 respondents consisting </span><span dir="ltr" role="presentation">of researchers, developers and end users of e-journals.</span> <span dir="ltr" role="presentation">Analysis shows that </span><span dir="ltr" role="presentation">Data Security (KD) plays an important role in increasing Information Trans</span><span dir="ltr" role="presentation">parency (IT) with a path coefficient value of 0.75.</span> <span dir="ltr" role="presentation">Furthermore, Information </span><span dir="ltr" role="presentation">Transparency (IT) significantly influences User Participation (PP) with a path</span><br role="presentation"><span dir="ltr" role="presentation">coefficient value of 0.65. These results suggest that blockchain implementation </span><span dir="ltr" role="presentation">not only improves data security, but also facilitates greater transparency, which </span><span dir="ltr" role="presentation">in turn increases user participation in e-journals. This research makes an im</span><span dir="ltr" role="presentation">portant contribution to the literature by showing how specific variables can be </span><span dir="ltr" role="presentation">leveraged to optimize the application of blockchain technology in the context of </span><span dir="ltr" role="presentation">e-journals.</span></p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Adam Faturahman, Sri Rahayu, Triyono, Surta Wijaya, Yulia Putri Ayu Sanjayahttps://journal.pandawan.id/b-front/article/view/569Supply Chain Transparency: Exploring Blockchain Solutions for Enhanced Traceability and Efficiency2024-06-20T05:38:16+00:00Novita Khairunnisanovitakhairunnisa@gmail.comFelinia Christianifelinia@gmail.comAnggy Giri Prawiyogianggy.prawiyogi@ubpkarawang.ac.ud<p> </p> <p>The increasing complexity of supply chains necessitates enhanced transparency to ensure efficiency, traceability, and trust among stakeholders. Traditional supply chain systems often struggle with issues related to data integrity, fraud, and inefficiency. This study employs a comprehensive literature review and case study analysis to investigate the implementation of blockchain technology in supply chain management. Various case studies are examined to highlight successful blockchain applications and their impact on supply chain transparency. The primary objective of this research is to explore how blockchain solutions can enhance traceability and efficiency in supply chains, ultimately leading to improved operational outcomes and stakeholder trust. Findings indicate that blockchain technology significantly improves traceability by providing immutable records of transactions and product journeys. Additionally, it enhances operational efficiency by streamlining processes, reducing costs, and minimizing the need for intermediaries. Case studies from diverse industries demonstrate practical applications and measurable benefits, including increased visibility, quicker recall processes, and enhanced accountability. The integration of blockchain technology into supply chains offers a transformative approach to<br />achieving greater transparency and efficiency. This study highlights the potential of blockchain to address critical challenges in traditional supply chain systems and emphasizes the need for further research on scalability and interoperability to realize its full benefits.</p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Novita Khairunnisa, Felinia Christiani, Anggy Giri Prawiyogihttps://journal.pandawan.id/b-front/article/view/572Blockchain in Digital Transformation: Enhancing Security, Transparency, and Efficiency in Modern Systems2024-07-04T15:37:07+00:00Tessa Handratessa.handra@lecturer.umn.ac.idSuryani Purnamasuryari.purnama@esaunggul.ac.idAriya Jati Kusumoariya.jati@raharja.infoyDaniel Bennetdaniel.bennet@eduaward.co.uk<div class="flex max-w-full flex-col flex-grow"> <div class="min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words [.text-message+&]:mt-5" dir="auto" data-message-author-role="assistant" data-message-id="26ed4384-38b4-4abf-9d35-7885ed135e21" data-message-model-slug="gpt-4o-mini"> <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> <div class="markdown prose w-full break-words dark:prose-invert dark"> <p>Blockchain technology has emerged as a transformative force in the digital transformation of industries, particularly in enhancing security, transparency, and operational efficiency. This paper aims to explore the practical applications of blockchain in various sectors, including supply chain management, healthcare, and finance, and assess its ability to address challenges like decentralization, cryptographic security, and consensus mechanisms. Through a comprehensive literature review and case study analysis, this study examines how blockchain technology fosters trust, reduces fraud, and improves the efficiency of digital systems by providing tamper-proof records and automating processes through smart contracts. The research also identifies significant barriers to blockchain adoption, such as scalability issues, regulatory constraints, and interoperability problems that hinder its widespread implementation. By evaluating these obstacles, the paper offers insights into the technological and policy challenges that need to be overcome to facilitate blockchain's broader use. This study contributes to the growing body of knowledge by showcasing the potential of blockchain to revolutionize industries beyond its initial use in cryptocurrencies. The novelty of this research lies in its focus on blockchain's applications in real-world business systems, emphasizing its role in digital transformation strategies. The paper concludes by recommending further research and technological innovations to address the scalability and regulatory gaps, as well as strategies for accelerating blockchain adoption. Ultimately, blockchain's ability to enhance the security, transparency, and efficiency of modern systems positions it as a key driver of future digital transformations.</p> </div> </div> </div> </div>2024-07-30T00:00:00+00:00Copyright (c) 2024 Daniel Bennet, Suryani Purnama, Ariya Jati Kusumo, Arisyi Yusranhttps://journal.pandawan.id/b-front/article/view/576The Effectiveness of Using Blockchain Technology as A Machine Learning Program2024-07-04T15:34:35+00:00Asep Sutarmanasepsutarmanmahcpud@gmail.comEvelin Kallasevellin@mfinitee.co.zaOscar Jayanagaraoscar.fe@uph.edu<p><em><span style="font-weight: 400;"> Several successful papers and applications have demonstrated machine learning's limitless potential. However, when we immerse ourselves in powerful machine learning-based systems or applications, two critical research issues arise: how to ensure that the searched results of a machine learning system are not tampered with by anyone and how to prevent other users in the same network environment from easily obtaining our private data. This predicament is similar to that of other modern information systems that face security and privacy concerns. The introduction of blockchain technology presents us with an alternate method of addressing these two challenges. As a result, recent research has sought to construct machine learning systems using blockchain technology or to apply machine learning methods to blockchain systems. In this study, we provided a parallel framework to identify acceptable deep learning hyperparameters in a blockchain context using a metaheuristic algorithm to demonstrate what the combination of blockchain and machine learning is capable of. The suggested system also takes communication costs into consideration by restricting the amount of information transfers between miners and blockchain.</span></em></p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Ammar Azim, Aryan Atheerhttps://journal.pandawan.id/b-front/article/view/584The Influence of Financial Literacy and Risk Preferences on Cryptocurrency Investment Choices2024-06-24T03:20:43+00:00Megha Upretimupreti@gehu.ac.inStephanieStephaniee@ilearning.coWidhy setyowatiwidhisetyowati61@gmail.com<p>This study aims to describe the overview of financial literacy, risk preferences, and investment decisions, as well as to analyze the influence of financial literacy and risk preferences on cryptocurrency investment decisions among millennials in Tangerang City. The research sample consisted of 95 respondents, selected using purposive sampling technique. Data was collected through a questionnaire with a Likert scale format. The collected data was then analyzed using Partial Least Square (PLS). The results indicate that financial literacy and risk preferences among cryptocurrency investors in Tangerang City are at a very high level. The high financial literacy and risk preferences positively contribute to cryptocurrency investment decisions. Hypothesis testing shows that both financial literacy and risk preferences have a positive and significant impact on cryptocurrency investment decisions. This study has implications for efforts to improve the rationality of cryptocurrency investment decisions to avoid undesirable losses, such as selecting cryptocurrencies with less volatile price fluctuations or diversifying portfolios by combining cryptocurrencies with conventional assets like stocks, bonds, or mutual funds.</p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Megha Upreti, Stephanie, Widhy setyowatihttps://journal.pandawan.id/b-front/article/view/581The Impact of Blockchain Security on Cryptocurrency Investment Preferences Among Millennials in Indonesia2024-10-31T15:52:17+00:00Felisia Christianifelisia.christian@gmail.comCicilia Sriliasta Banguncicilia.bangun@esaunggul.ac.idRiya Widayantiriya.widayanti@esaunggul.ac.id<p>This study explores the impact of blockchain security on cryptocurrency investment preferences among millennials in Indonesia. Despite the high volatility of cryptocurrencies, they continue to attract a significant number of millennial investors, driven by perceptions of security and potential high returns. The study aim of this research is to investigate how blockchain security influences the investment preferences of millennial investors, particularly concerning their decision-making process in the cryptocurrency market. This study employs a quantitative approach, gathering data through surveys targeting millennial cryptocurrency investors. The data is analyzed using Structural Equation Modeling (SEM) to assess the relationships between blockchain security perceptions and investment preferences.This research provides new insights by integrating blockchain security as a key factor influencing investment decisions, bridging the gap between technical and psychological aspects of investment behavior. While there is substantial research on cryptocurrency investments, limited stud-<br />ies address the specific influence of blockchain security on investment preferences, particularly in the context of millennial investors in Indonesia. The finding suggest that blockchain security significantly shapes the investment preferences of millennials, fostering trust and influencing their decision to engage in cryptocurrency investments. This study offers valuable insights for blockchain developers and regulators to enhance security features, helping to build investor confidence in Indonesia rapidly expanding cryptocurrency market.</p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Felisia Christiani, Cicilia Sriliasta Bangun, Riya Widayantihttps://journal.pandawan.id/b-front/article/view/573Digital Transformation and Blockchain Technology: A Viewpoint from Emerging Markets2024-10-31T16:15:03+00:00Lista Merialista.meria@esaunggul.ac.idStefanus Fabianstefan11@ilearning.coVictoriandaVictorianda@eduaward.co.ukTatik Mariyantitatik.mariyanti@trisakti.ac.id<p>In the context of digital transformation, this paper provides a thorough analysis of the theoretical underpinnings and real-world applications of blockchain technology. Blockchain is a revolutionary technology that is improving security, transparency, and operational efficiency and is causing significant changes in a number of industries. This study evaluates the practical efficacy of blockchain concepts in supply chain management, healthcare, and finance by reviewing a large body of research on decentralization, cryptographic security, and consensus methods. The report also identifies important barriers to blockchain adoption, such as scalability constraints, regulatory barriers, and interoperability problems. Through an analysis of these challenges, the study offers insights into the obstacles that must be overcome in order to apply blockchain technology more widely. The paper demonstrates how blockchain technology is being used to propel digital transformation by fusing theoretical viewpoints with actual case studies. The study illustrates the useful advantages and potential of blockchain in building more transparent, safe, and effective systems through these case studies.</p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Lista Meria, Stefanus Fabian, Victorianda, Tatik Mariyantihttps://journal.pandawan.id/b-front/article/view/585The Impact of Blockchain on Business and Economics: Analysis of Theory and Implementation2024-06-27T07:39:12+00:00Chandra Lukitachandra.lukita@cic.ac.idSilva Wulandariwulandarisilva139@gmail.comSyahrul Muarif Wahidsyahrul.wahid@raharja.infoTri Widiyatmokotri.widiyatmoko@raharja.info<p><span style="font-weight: 400;">Blockchain technology has become a powerful disruptive force that has significant effects on economics and business. This article provides a comprehensive examination of the theoretical underpinnings and real-world applications of blockchain in the business and economic domains. The paper explores the foundational ideas of blockchain technology and examines how it affects data security, operational effectiveness, and transaction transparency. In addition, it looks into practical blockchain applications in a variety of industries and analyzes the potential and problems that come with their acceptance. This analysis intends to offer important insights into the revolutionary potential of blockchain technology and its consequences for business practices and economic systems through a thorough review of the body of existing literature and case studies.</span></p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Chandra Lukita, Silva Wulandari, Syahrul Muarif Wahid, Tri Widiyatmokohttps://journal.pandawan.id/b-front/article/view/571Implementation of Ethics of Using Artificial Intelligence in the Education System in Indonesia2024-06-14T04:47:49+00:00Musidiansyah Otto Syaidinamusidiansyah@raharja.infoRifqi Fahrudinrifqi.fahrudin@cic.ac.idIndah Ainun Mutiaraindahainun@unismuh.ac.idm<p>The use of Artificial Intelligence (AI) in education is a rapidly evolving field with the potential to transform teaching and learning. However, its implementation brings various ethical and practical challenges that must be carefully considered. Key aspects include ensuring student data privacy, promoting fairness and inclusivity in access to technology, maintaining transparency in AI algorithms and decision-making processes, and determining the appropriate levels of human control. Furthermore, accessibility for all students, including those with special needs, must be prioritized, alongside evaluating the potential long-term effects on cognitive, social, and emotional development. Given the complexity of these issues, a thoughtful and ethical approach to integrating AI into education requires ongoing collaboration among various stakeholders, including educators, AI developers, policymakers, students, and the broader community. The goal of this collaboration is to ensure that AI is used in ways that not only improve educational outcomes but also uphold fairness, equity, and transparency. It is crucial to address concerns such as data privacy, algorithmic bias, and the potential negative effects of AI on vulnerable groups to ensure the technology serves as an inclusive tool for education. This research adopts a qualitative approach to explore the different aspects of AI in education, aiming to identify and analyze its potential benefits. By examining the implications of AI integration, the study seeks to provide valuable insights into how AI can be effectively and ethically applied in education, ensuring it enhances learning while respecting core educational values and human dignity.</p>2024-07-30T00:00:00+00:00Copyright (c) 2024 Kikiy jordan, Hezhel youn, Izman syairer