Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)

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Legal Protection in the Application of Fintech in the Digital Age for MSMEs Modernization

Authors
Muhadi Muhadi1, *, Hairudin Hairudin1, Intan Oktaria1, Ira Adelita1
1Faculty of Law, Mitra Indonesia University, Bandar Lampung, Indonesia
*Corresponding author. Email: muhadi@umitra.ac.id
Corresponding Author
Muhadi Muhadi
Available Online 31 December 2023.
DOI
10.2991/978-2-38476-180-7_110How to use a DOI?
Keywords
Legal Protection; MSMEs; Fintech
Abstract

The era of digitalization, also known as Industrial Revolution 4.0, has brought about a growth in innovation that has made everything that people need feel more efficient, current, and modern. Because of the benefits and conveniences that come with going digital, nations are fighting to establish the digital age as the norm. The research methodology employed in this study involved the authors reading law books, examining books about cases that have already been decided and are relevant to the research, and visiting websites that included links to the author's problem in order to gather data. Accurately and concretely. Along with using an empirical approach, the author also looks at the object under study and conducts interviews with people who have some connection to the research topic. Financial technology-related MSME activities are governed by OJK Regulation Number 77 of 2016 (POJK), concerning Information Technology-Based Money-Lending Services. According to Chapter I, Article 1, Paragraph 3 of OJK Regulations Number 77 of 2016 (POJK), information technology-based lending and borrowing services are defined as the provision of financial services to link lenders and borrowers in the context of directly entering into loan agreements in the rupiah currency through an electronic system using the internet network.

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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Volume Title
Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 December 2023
ISBN
10.2991/978-2-38476-180-7_110
ISSN
2352-5398
DOI
10.2991/978-2-38476-180-7_110How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Muhadi Muhadi
AU  - Hairudin Hairudin
AU  - Intan Oktaria
AU  - Ira Adelita
PY  - 2023
DA  - 2023/12/31
TI  - Legal Protection in the Application of Fintech in the Digital Age for MSMEs Modernization
BT  - Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
PB  - Atlantis Press
SP  - 1086
EP  - 1094
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-180-7_110
DO  - 10.2991/978-2-38476-180-7_110
ID  - Muhadi2023
ER  -