Utilization of Digital Cryptocurrency as a Performance Improvement for Micro, Small and Medium Enterprises (MSMEs)

DOI

10.2991/978-2-38476-110-4_91How to use a DOI?

Keywords

Cryptocurrency; Digital; Performance

Abstract

Current technological developments greatly affect economic activity, one of which has an impact on e-commerce activities. One of the phenomena that is currently developing is cryptocurrency as a form and development of technology in e-commerce. Improving the standard of living of the community, especially MSMEs, is expected to be overcome by financial inclusion which can remove all forms of obstacles. Cryptocurrency improves the global performance of MSMEs to expand their network and is free from transaction fees. The aims of this research are (1) to examine the effect of financial inclusion on the performance of MSMEs; (2) to assess the effect of financial inclusion on digital cryptocurrencies; (3) assessing the effect of digital cryptocurrency on MSME performance; (4) Assessing the role of digital cryptocurrency which can mediate the effect of financial inclusion on MSME performance; (5) Assessing the dominant dimensions of digital cryptocurrency in mediating the effect of financial inclusion on MSME performance. In this method, the population in this study is MSME digital cryptocurrency users in Jambi Province. The data used are primary data and secondary data. The data analysis method used is Structural Equation Modeling (SEM) measurement using SmartPLS software. The results of this study are that financial inclusion has a positive effect on MSME performance, financial inclusion has a positive effect on digital cryptocurrency, digital cryptocurrency has a positive effect on MSME performance, and digital cryptocurrency can play a positive role in mediating the effect of financial inclusion on MSME performance.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Mohammad Ihsan
AU  - Rista Aldilla Syafri
AU  - Ade Perdana Siregar
PY  - 2023
DA  - 2023/11/07
TI  - Utilization of Digital Cryptocurrency as a Performance Improvement for Micro, Small and Medium Enterprises (MSMEs)
BT  - Proceedings of the 4th Green Development International Conference (GDIC 2022)
PB  - Atlantis Press
SP  - 965
EP  - 971
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-110-4_91
DO  - 10.2991/978-2-38476-110-4_91
ID  - Ihsan2023
ER  -