Understanding the potential of blockchain technology that was explained in my previous post about the potential of blockchain technology, now you might be wondering, should this technology be applied in Indonesia as well?
As we know, if you look at people's enthusiasm for bitcoin, Indonesian people's interest in the blockchain is indeed quite high. But the implementation is quite difficult because there are no regulations governing the implementation of the blockchain in Indonesia.
Hm ... Do you think this technology should be applied in Indonesia?
If in the past, someone had to send letters through the post office to communicate with relatives separated by distance, with the internet, we can talk face to face using video call applications such as Skype and others.
This is precisely what will happen if conventional banks apply blockchain technology. Transfers to overseas accounts are easier and don't cost much compared to the current system. Not only money transactions, other transactions such as investment in property, goods, and services can also be more easily recorded with blockchain technology.
A decentralized system on blockchain technology also allows transparency, which has been difficult for the public to reach. Mainly related to tax data, election vote counting, and other public data.
One country that has implemented blockchain technology in elections is Sierra Leone, which applied this technology in the 7 March 2018 elections. Because of this transparency, all elements of society oversee the government.
In addition, the nature of data that cannot be changed after the transaction is completed also prevents data manipulation.
Well, that's a glimpse of if the blockchain technology is applied in Indonesia. Many benefits are offered, but of course its utilization will bring no small change and the community, both positive and negative changes.
One big question if one day this technology is truly applied, are our human resources ready to accept and carry out the implementation of this technology? What do you think?
