The use of Smart Contract in Utility Business

Abstract

PT PLN (Persero) as one of the state-owned companies in Indonesia, has the business of selling electricity as one of the core businesses of the company. Business. With customers in 2018 reaching 71.92 million customers, PT PLN (Persero) has entered into a power purchase and purchase contract with customers with the same number of 71.92 million customers. Smart Contracts are expected to be a substitute for written contracts because smart contracts do not require storage space for written documents and are safe from contract changes made by unauthorized parties because they are protected by cryptographic techniques.