Empowering Motorcycle Finance: Smart Contract Solutions for Motorsiklo Trade in the Philippines

Abstract

This study explores the landscape of motorcycle loans in the Philippines, emphasizing their pivotal role in transportation and livelihoods. It introduces Motorsiklo Trade, a blockchain-powered platform designed to revolutionize motorcycle loan management. The objectives include developing an intuitive web platform, implementing smart contracts, and assessing system usability. Results indicate efficient loan processes, high user satisfaction, and enhanced transparency. The integration of blockchain and smart contracts holds promise for transforming motorcycle finance, promoting efficiency, and driving technological innovation.