A Study into Opportunities and Challenges of Blockchain Adoption for Sustainable Nonfinancial Sector Micro, Small, Medium Enterprises—Case Studies in Indonesia
- DOI
- 10.2991/aebmr.k.200127.007How to use a DOI?
- Keywords
- blockchain, non-financial sector, micro small medium enterprises
- Abstract
Blockchain, as an emerging technology, has disrupted many industry sectors, not only the financial sector but also other potential sectors such as manufacturing, logistics, and education. While the application of Blockchain is mostly related to the financial sector, many issues arise in the non-financial sector. To frame the Blockchain in non-financial sectors, it requires an enterprise-ready infrastructure which is challenging for micro, small, and medium enterprises (MSMEs). This study attempts to explore the opportunities and challenges on the application of Blockchain for the sustainability of non-financial sector MSMEs. Nine factors are discussed as essential aspects for industries before the adoption of Blockchain. The results are likely being insights for MSMEs to consider how to apply Blockchain for the competitive advantage.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - A. P. Tedjakusuma AU - B.N. Yahya PY - 2020 DA - 2020/01/31 TI - A Study into Opportunities and Challenges of Blockchain Adoption for Sustainable Nonfinancial Sector Micro, Small, Medium Enterprises—Case Studies in Indonesia BT - Proceedings of the 17 th International Symposium on Management (INSYMA 2020) PB - Atlantis Press SP - 30 EP - 35 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200127.007 DO - 10.2991/aebmr.k.200127.007 ID - Tedjakusuma2020 ER -