THE IMPACT OF BLOCKCHAIN IN INDONESIA

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Blockchain : a Growing Industry in Indonesia

In 2018, Bank Indonesia announced plans to launch its own digital currency backed by blockchain technology.

According to reports, five major private banks – Bank Negara Indonesia, Bank Rakyat Indonesia, Bank Mandiri, Bank Danamon and Bank Permata – are considering implementing blockchain in their systems.

Blockchain has clearly arrived in Indonesia, but what is blockchain, and what can it do? ?

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0000000000000000057fea0f5030356bf0168f6acd13e9b2451282b4a37fe5a5

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Connecting Blocks in a Chain

Faster SettlementWay faster than the manual process of validation

ImmutableThe transactions cannot be undone

Shared and DistributedBlockchain technology offers a shared and distributed ledger that is open for all users

DecentralisedNot dependable on server based technology and no one has authority over the system

More SecuredMuch safer than the traditional methods

Increase Network CapacityMuch more capable than the traditional network

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Benefits of Blockchain Technology

Attributes of Blockchain:DecentralisationTransparencyImmutability

Core Concept of Blockchain:Peer-to-Peer Network (P2P)CryptographySmart ContractConsensus Mechanism

Decentralisation

High-Frequency Security

Business Scenario for the Use of Blockchain

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Record Storage Trading Activities Supply Chains

Mortgages Real Estate Market Employment Arrangements

Copyright Protection Healthcare Services Government Voting

Insurance Claims

Internet-of-Things (IoT)

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Smart Contracts Use Cases

• A contract is created between two parties• Both parties can remain anonymous

• The contract is stored on a public ledger

• Trigger events are set (e.g. deadlines)

• The contract self-executes as per the written code

• Regulators and users can analyse all the activities• Predict market uncertainties and trends

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Smart Contracts

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TraceabilityCapability to monitor events and metadata associated with a product

ComplianceStandards and controls to provide evidence that regulatory conditions are met

Flexibility The ability to adapt rapidly to events or issues, run various scenarios, without significantly increasing operational costs

Stakeholder ManagementEffective governance in place to enable communication, risk reduction and trust among the involved parties

Supply Chain Pain Points

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Home Page

Product Page

RFID Page

Temperature Page

Penta ‘Know Your Food’ App

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“Home to 225 million adults without an account, China has the world’s largest unbanked population,

followed by India (190 million), Pakistan (100 million), and Indonesia (95 million) (map 2.1). Indeed,

these four economies, together with three others—Nigeria, Mexico, and Bangladesh—are home to

nearly half the world’s unbanked population”

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Banking the Unbanked

- World Bank Findex 2017 Report

Low Barrier of EntryOnly a smartphone and internet/mobile connection is required

Instant SettlementAll payments are also settlements, ensuring immediate access to money

Expanded Financial OptionsReduced costs make micro-loans feasible, boosting financial flexibility

Fast & Cheap RemittancesPayments and remittances can be made quickly across borders

Supports Smart TransactionsThis will allow the unbanked access to global capital markets as well by providing all types of value transfers

Banking the Unbanked With Digital Assets

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System platform serving the global blockchain industry ecosystemPopularizing blockchain technical knowledge and high-quality talent incubation

Promoting international exchanges and cooperation, and introducing high-quality blockchain technical talentsEnhancing the international influence of the blockchain industry

Mission

Vision

Positioning

Constructing a blockchain talent ecology with education as the coreBuilding an “Academy” of blockchain technical talents

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Blockchain Centre

Education & Training

Incubation Program

Talent Pool

Cross-border Collaboration

Events & Community

The Blockchain Centre is dedicated to promote blockchain education and the adoption of blockchain technology.Our operations focus on the following five areas:

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Blockchain Centre’s Operation 5 Pillars

16 centres located in 14 countries including China, Australia, United Arab Emirates, Singapore, USA, Canada, Malaysia, Lithuania, Colombia，Montenegro, Pakistan, Russia, Thailand and India.

Blockchain Centre not only introduces high-quality technical talents, but also lays the groundwork for a matchless global ecosystem of blockchain.

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Blockchain Centre World Locations

The Blockchain Centre is dedicated to the education and popularization of blockchain knowledge worldwide. As early as 2014, founder Sam Lee drove the blockchain bus into the community to explain to the children what blockchain is. After years of research, the Blockchain Centre has developed three levels of courses for different communities.

Kids Course By designing the Blockchain Kids cartoon book, we inspire children to discover and understand blockchain technology, and stimulate their endless imagination of the future technology world.

Basic Online CourseA series of online audio courses "Blockchain 36" for blockchain beginners. Through a 3-5 minutes of easy-to-

understand short audio,the basic terminology of the blockchain field is clearly explained,

which is suitable for entry-level people interested in the blockchain industry.

Advanced Offline CourseBlockchain Centre has developed a blockchain advanced offline course, for people who wants to build

professional skills and help them to enter the blockchain industry, they will receive a non-degree certificate after the intermediate course study.

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Education & Training

Basic Online Courses Advanced Offline Courses Kids Education

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Education & Training

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