Salah satu pelaku ekonomi yang terdampak akibat fenomena global pandemic Covid-19 adalah pelaku seni. Hal ini berdampak secara fisik maupun psikis bagi kehidupan mereka. Banyak pelaku seni bekerja dan berkreasi di rumah karena adanya larangan kegiatan berskala besar. Bali sebagai daerah terdampak dengan segudang pelaku seni, kini berusaha memulihkan perekonomian di berbagai sisi. Kehadiran perdagangan digital saat ini menjadi pilihan utama meneruskan usaha dan bisnis di tengah pandemic Covid-19. Penelitian ini berangkat dari fenomena hadirnya perdagangan digital yang disebut Non Fungible Tokens pada Crypto Art. Baliola menjadi satu-satunya marketplace di Bali yang menyediakan jasa perdagangan digital bagi para pelaku kreator seni. Banyak pelaku seni Bali mulai berbondong memonetisasi kreasi melalui perdagangan digital ini. Tujuan dari penelitian ini adalah untuk mengidentifikasi transformasi ekonomi yang dilakukan oleh pelaku seni Bali melalui marketplace virtual Baliola. Penelitian ini menggunakan jenis penelitian kualitatif dengan teknik pengumpulan data melalui observasi, in depth interview dan studi dokumentasi. Hasil penelitian menunjukkan pelaku seni yang telah berinovasi dan bertransformasi adalah pelaku seni ukir, seni tari, seni lukis, digital ilustrasi, seniman layanan, seni perfilman, seni pegiat heritage, dan komunitas seni. Wujud transformasi dipetakan berdasarkan pemasaran, jaringan sosial, ide kreatif dan legalitas. Dalam hal ini juga telah menghasilkan preferensi pelaku seni terhadap Baliola Marketplace yaitu dari individu berupa sistem yang mudah dijangkau atau lokasi Baliola berada di wilayah Bali, berfokus pada seni bali, serta penggunaan token berbasis kearifan lokal (uang kepeng) dan sosial berupa religiusitas yang berarti terverfikasi aman dan halal, diawasi dan didukung pemerintah Bali serta validasi rekanan atau teman yang telah menggunakan sebelumnya
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SMEs Development and Digital Marketing
Sustainability and Innovation in Business
Community-based Tourism Development and Sustainability
This research is based on the phenomenon of a new investment instrument called Cryptocurrency Bitcoin which has become popular in recent years. Based on this phenomenon, this study tries to find out which investment instrument is the best from Bitcoin, IDX30 stocks and Gold. This study measures the performance of Bitcoin in the form of investment and compares it with other popular conventional investments in the community such as stocks and gold. The research method used is a quantitative method with a comparative descriptive type of research. The data used are secondary data from Indodax, BEI, Bloomberg, Crix and Antam which are already published. The analytical technique used is the Sharpe, Treynor, Jensen and Sortino indexes. The result shows that Bitcoin is the best instrument because based on Sharpe, Treynor, and Sortino value the return is better than the other two instruments. This is because Bitcoin has optimal performance when calculated using the Sharpe, Treynor and Sortino methods. IDX30 shares a sufficient return with moderate risk and can be used as a promising investment alternative. Gold with stable performance with low risk can also be used as an alternative investment. Penelitian ini didasarkan pada fenomena instrumen investasi baru bernama Cryptocurrency Bitcoin yang menjadi populer dalam beberapa tahun terakhir. Berdasarkan fenomena tersebut, penelitian ini mencoba mencari instrumen investasi mana yang terbaik dari Bitcoin, saham IDX30 dan Emas. Penelitian ini mengukur kinerja Bitcoin dalam bentuk investasi dan membandingkan dengan investasi konvensial yang populer lainnya di masyarakat seperti saham dan emas. Metode penelitian yang digunakan adalah metode kuantitatif dengan jenis penelitian deskriptif komparatif. Teknik analisis yang digunakan adalah Indeks Sharpe, Treynor, Jensen dan Sortino. Data yang digunakan adalah data sekunder dari Indodax, BEI, Bloomberg, Crix dan Antam yang dipublikasikan. Hasil penelitian menunjukkan bahwa Bitcoin merupakan instrumen investasi terbaik selama periode penelitian, lebih baik dari dua instrumen lainnya, hal ini dikarenakan Bitcoin memiliki kinerja yang optimal jika dihitung menggunakan metode Sharpe, Treynor dan Sortino. Saham IDX30 memiliki return yang cukup dengan risiko yang sedang dan bisa dijadikan alternatif investasi yang cukup menjanjikan. Emas dengan kinerja yang stabil dengan risiko yang kecil juga bisa dijadikan alternatif investasi.
Waluyo Jati, Rachmawaty Rachmawaty, Holiawati Holiawati, Iman Syatoto
Indonesia has had the critical issue of economic growth in the last ten years which the trend of economic growth was declining year by year, in 2011 GDP growth YoY was 6.5% then declined become 5% in 2019 (before Covid-19 pandemic) and worst in Pandemic Era become -5.3%. This research aims to provide an understanding of the effect of short term and long term of Financial Innovation, Stock Market and Cryptocurrency on Indonesia's economic growth using the Vector Error Correction Model (VECM) method. The methode was chosen based on Stationary Analysis and Cointegration Test. It is shown that the data was non-Stationary and the result of Cointegration Test there was a conintegration at 0.05 level. Enrich with the analysis in Impulse Response and Variance Decomposition to obtain the fluctuated economic growth impacted by those variables on a monthly basis, which previous researchers have not researched. The results showed that the correlation of the Stock Market, Financial Innovation and Cryptocurrency to Indonesia's economic growth, in the long run, all the variables give a positive correlation. Still, in the short-run, only the stock market and economic growth give a positive correlation. The result of the long and short run of VECM is supported by Impulse response and variance decomposition that stock market has the most significant impact to economic growth
Pengabdian kepada masyarakat ini dilakukan dengan tujuan memberikan pelatihan perencanaan investasi sejak dini. Pelatihan ini juga bertujuan agar anak-anak muda mulai memahami dan bisa mengatur keuangan dengan cara berinvestasi. Pelatihan ini dilakukan di SMKN 1 Sukadana Lampung Timur. Siswa-siswa jurusan Akuntansi menjadi sasaran dari pelatihan ini. Materi yang diberikan dalam kegiatan pelatihan ini adalah penjelasan mengenai investasi, platform yang digunakan untuk berinvestasi, cara berinvestasi, investasi masa kini yaitu cryptocurrency dan Non Fungible Token. Metode yang dilakukan dalam pelatihan ini ceramah, pre test, dan posttest. Media yang digunakan dalam kegiatan ini adalah laptop dan handphone yang terkoneksi internet. Hasil dari kegiatan pengabdian masyarakat ini adalah siswa memahami perencanaan berinvestasi sejak dini.
The development of digitalisation in the financial services sector has compelled Bank Indonesia to develop Central Bank Digital Currency (CBDC). CBDC as a new type of money requires adjustments in terms of applicable laws and regulations. In an attempt to identify the design and legal regulations regarding CBDC, this paper performs a literature review through various related studies carried out internationally and in Indonesia. The novelty of this paper is to apply the rule of law to each selected CBDC design. Based on the study, CBDC design consists of wholesale and retail that can use token or account-based authentication. Then, CBDC transactions can be managed by the central bank or transacted through a Distributed Ledger Technology (DLT) system. In addition, another CBDC characteristic is based on interest-bearing and non-interest-bearing. The different implementation and selection of CBDC resulted in regulations that needed to be improved. Related to the legal aspect of CBDC in Indonesia, revisions are required to the substance of Law No. 7 of 2011 on Currency which must state that the form of rupiah includes CBDC. Furthermore, other rules that need to be considered are privacy and property laws, DLT, and insolvency law, as well as regulation of competition between CBDC and depository banks.
Penelitian ini bertujuan untuk menguji secara komperhensif faktor-faktor yang mempengaruhi keputusan investasi cryptocurrency pada kaum milenial di kota Denpasar. Data dikumpulkan dengan menggunakan instrumen kuisioner berbasis web google form yang melibatkan 100 responden investor milenial yang aktif berinvestasi jual beli cryptocurrency di kota Denpasar. Data diolah dan dianalisis menggunakan aplikasi software SmartPLS3. Hasil penelitian menunjukkan financial experience dan overconfidence tidak berpengaruh terhadap keputusan investasi cryptocurrency. Hanya risk tolerance yang berpengaruh terhadap keputusan investasi cryptocurrency. Temuan lain juga menunjukkan bahwa overconfidence dan risk tolerance tidak mampu memediasi hubungan antara financial experience terhadap keputusan investasi cryptocurrency. Adanya penelitian ini berimplikasi pada tingkat wawasan dan kesadaran akan tingkat risiko investasi yang dimiliki oleh investor, sehingga keputusan yang diambil dapat lebih efektif, mengingat cryptocurrency merupakan investasi yang bersifat high risk. Penelitian ini menawarkan model empiris yang menjelaskan faktor yang mempengaruhi keputusan investasi cryptocurrency pada kaum milenial dengan menggunakan model penelitian yang menggabungkan faktor psikologis dan demografis yang menggunakan dua variabel mediasi pada investasi cryptocurrency, sehingga penelitian ini penting dilakukan guna menambah kontribusi pada kajian literatur. Kata kunci: financial experience, overconfidence, risk tolerance, keputusan investasi cryptocurrency, cryptocurrency, milenial
Saat ini ada berbagai macam Instrumen atau produk investasi, dan semakin hari semakin mudah, beragam dan tentunya semakin canggih. Investasi crypto merupakan salah satu instrumen investasi yang berhasil lahir karena kecanggihan teknologi yang ada saat ini. Investasi cryptocurrency adalah jenis investasi yang menawarkan return yang tinggi. Ada banyak jenis mata uang atau koin digital yang populer dijadikan sebagai instrumen investasi salah satu yang paling populer adalah bitcoin .Dalam 10 tahun terakhir return bitcoin naik jutaan persen, bitcoin menjadi salah satu instrumen yang wajib di perhitungkan. Penelitian ini menggunakan BTC/IDR sebagai sampel untuk di lakukan back testing dengan harga yang di peroleh dari situs https://id.investing.com/ periode 2018-2021 sedangkan teknik analisis data menggunakan uji beda (t-test) dan Alat yang digunakan dalam penelitian ini adalah ichimoku cloud dan EMA 200. Tujuan dari penelitian ini adalah untuk mendapat gambaran seberapa efektif analisis teknikal dapat mengidentifikasi pola atau arah pergerakan cryptocurrency yang mungkin terjadi di masa mendatang. Penelitian ini menunjukan bahwa ichimoku cloud dan EMA 200 secara efektif dapat menghasilkan profit dan indikator ichomoku cloud dan EMA 200 dapat mengidentifikasi pola pergerakan cryptocurrency dan dapat di jadikan sebagai bahan pertimbangan untuk melakukan buy/sell cryptocurrency.
Cryptocurrencies is generally used as means of payment and assets. Every country in the world has its own approach in regulating the use of cryptocurrencies. In Indonesia, the use of cryptocurrency as a means of payment is not justified. Meanwhile, its use as an asset is the subject of commodity futures trading whose mechanism is carried out by the existence of an agreement and its activities by Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti). The potential for cryptocurrency growth in Indonesia can be maximized considering the advantages it offers, such as easy access, security, and financial inclusion that can help equalize access to quality formal financial services on time, smoothly, and safely at affordable costs according to the needs and abilities in improving people's welfare. In order to encourage the positive growth of cryptocurrencies in Indonesia, the government as the regulator must ensure the realization of cryptocurrencies that are safe, structured, and stable. Keywords: Cryptocurrency, potency, regulation
Investasi adalah kata yang sering kita dengar beberapa waktu ini. Sebenarnya untuk investasi ada banyak macamnya, ada cryptocurrency, saham, reksadana dll. Namum dalam penelitian kali ini investasi yang di fokuskan adalah cryptocurrency. Dari kota-kota besar yang ada di Indonesia nanti dapat dilihat dan dipelajari faktor apa saja yang memperngaruhi investor dalam berinvestasi. Untuk mengetahuinya lebih lanjut maka dilakukan lah penelitian ini dengan menggunakan metode TAM. Dengan faktor-faktor seperti persepsi kemudahaan penggunaan, persepsi manfaat, pengetahuan konsumen serta inovasi yang diberikan apakah dapat membuat si investor ini akhirnya berinvestasi di cryptocurrency.
North Central Timor Regency is one of the regencies in the border region of the Republic of Indonesia-Timor Leste. This region is still categorized as an underdeveloped region with a fairly high percentage of poverty. The most reliable source of regional revenue comes from potential regional taxes and levies. Therefore, the purpose of this study is to determine the regional financial performance when viewed from the ratio of regional financial independence, the ratio of regional financial dependence and fiscal decentralization. Some of the variables used for data analysis needs are the value of PAD, Balancing Funds and Capital Expenditures from 2001-2018 obtained from the publications of the Central Statistics Agency. The results showed thatRegional financial capacity seen from the regional financial independence of North Central Timor Regency in financing its regional needs in the context of implementing regional autonomy is still low and dependence on other regions through the central government is very high.
Consumers' today desire a cashless economy based on digital currency, as well as a speedier and more convenient payment mechanism.The majority of cryptocurrency research is carried out in developed countries, mainly the United States and Europe.Yet, cryptographic money acknowledgment conduct and components that influence such acknowledgment has limited investigation, particularly in the developing country context.This study aims to examine the factors influencing behavioural intention (BI) to use cryptocurrency as an electronic payment from the viewpoint of the students' perspective.Constructs from the unified theory of acceptance and use of technology (UTAUT) and an added variable, Perceived Trust (PT), are examined to predict BI.A 5-point Likert scale online survey was given to a group of students to determine their intention to utilise cryptocurrencies as an electronic payment.The finding shows that all variables (Performance Expectancy, Effort Expectancy, Social Influence, perceived Trust and Facilitating Condition) play the dominant role in affecting the intention to use cryptocurrency among the students.Trust is a concern for Malaysians in this study as it is the only variable that the respondents responded negatively to.Malaysians are still cautious of cryptocurrencies, despite the fact that it is already used as a payment option by worldwide tech companies.The findings of this study can provide relevant authorities and businesses better understand the factors that consumers consider when considering using cryptocurrencies as a form of electronic payment.
Mohamad Indra Nata Wijaya icebgc, Tengku Ezni Balqiah icebgc
Introduced in 2008, blockchain technology has experienced rapid development, in its development many digital assets have been created in the form of cryptocurrencies (cryptocurrency). For some people, crypto assets are the most modern solution and alternative for carrying out transactions on the blockchain. This study aims to determine how Behavioral Intention in Conducting Cryptocurrency Transactions. The model used is Structural Equation Modeling (SEM) with 228 data respondents spread throughout Indonesia. The results of this study indicate that the Facilitating Condition, Perceived Risk and Trust variables have a significant direct influence on the Behavioral Intention in Conducting Cryptocurrency Transaction variables while the Effort Expectancy, Hedonic Motivation, Performance Expectancy, Price Value, and Social Influence does not have a significant direct effect on the Behavioral Intention in Conducting Cryptocurrency Transaction variables and for the Performance Expectancy and Price Value variables it is not able to provide a stimulus to Effort Expectancy, Hedonic Motivation, Performance Expectancy, and Perceived Risk on the Behavioral Intention in Conducting Cryptocurrency Transaction variables. Keywords: Crypto Assets; Intentions; Investments; Platform X; Transactions
Komang Ayu Sekhar Sari Rambi icebgc, Ali Zainal Abidin icebgc
The emergence of cryptocurrencies or milled currencies is evidence of the rapid technology in the field of the economy. The number of users of this digital currency has impacted the Indonesian economy. This study examines the pandemic's impact on the bitcoin cryptocurrency's impact on the Indonesian economy. This research uses a skinned approach with (literature study), which analyses literature studies by collecting several journals related to research objectives. The discussion results show the impact of cryptocurrencies during the pandemic on the Indonesian economy. Bitcoin currency concluded that the price and interest increased during the cryptocurrency pandemic. The impact factor of Cryptocurrency affects the Indonesian economy; hence bitcoin in Indonesia will get affected if big countries' value drops. Keywords: Cryptocurrencies; Bitcoin; Pandemic
Cryptocurrencies are now the most popular investment instruments among millenials. Crypto offers great returns in a short period of time. Prior to COVID-19, Crypto experienced significant price fluctuations accompanied by an increase in the number of high transaction volumes. This situation was disrupted by the presence of the COVID-19 which made the world economy devastated, marked by the decline of stock prices in the world, especially in Indonesia. A paired test was conducted in this study to compare the state of Crypto before and during COVID-19 with the variables of Risk, Transaction Volume, Return, and Sharpe Performance. The results showed that there was a significant difference in the variables of Transaction Volume and Return. However, there was no significant difference in the Risk and Sharpe performance before and during COVID-19. This study shows that despite the COVID-19 pandemic, the enthusiasm of investors who transact crypto assets is not affected and they still get returns in accordance with the investments made. The high risk will be followed by a high standard deviation, so that the Sharpe Performance is small. Cryptocurrencies still have many gaps to research, such as regulation, so that many countries have not legalized Crypto transactions. If there is no regulation for Crypto, it is certain that an increase in cybercrime harms crypto investors and threatens global financial stability. Nevertheles, with or without COVID-19, investment transactions gain and lose based on confidence in the limited market. Therefore, the success of confidence fluctuations in crypto encourages the emergence of alternative coins created by investors to conduct an Initial Coin Offering (ICO).
Abstract. Cryptocurrency become new public attention in investing world. It’s characteristic which high Risk and high Return, makes cryptocurrency became investing asset by public. The purpose of this research is to find out people's preferences regarding cryptocurrencies as an investment tool and their relevance in the future. This research uses quantitative methods with data processing in the form of a Likert scale. The results showed that the aspect that dominates people's preferences in investing in cryptocurrencies is the aspect of income potential that describes the potential of cryptocurrencies as one of the sources of income and the indicator with the highest score is found in the Risk indicator which describes the public's understanding specifically of cryptocurrency Risk. The average value of the overall aspect indicates that the public agrees that cryptocurrencies remain relevant as a means of investment in the future.
 Abstrak. Cryptocurrency menjadi perhatian baru di mata publik dalam dunia investasi. Karakteristiknya yang bersifat high Risk, high Return membuat cryptocurrency dijadikan alat investasi oleh masyarakat. Tujuan penelitian skripsi ini adalah untuk mengetahui preferensi masyarakat mengenai cryptocurrency sebagai alat investasi serta relevansinya di masa mendatang. Penelitian ini menggunakan metode kuantitatif dengan pengolahan data berupa skala Likert. Hasil penelitian menunjukkan bahwa aspek yang mendominasi preferensi masyarakat dalam berinvestasi cryptocurrency adalah aspek potensi penghasilan yang mengambarkan potensi cryptocurrency sebagai salah satu sumber penghasilan dan indikator dengan skor tertinggi terdapat pada indikator Risk yang menggambarkan pemahaman masyarakat secara spesifik mengenai resiko cryptocurrency. Adapu nilai rata-rata aspek secara keseluruhan menunjukkan bahwa masyarakat menyetujui bila cryptocurrency tetap relevan sebagai alat investasi di masa mendatang.
This study aims to determine the effect ofWorld Oil Priceseffect on Return Cryptocurrency. The researcher uses a descriptive quantitative approach. Replication research is the repetition of the basic experiment. The analytical method used is multiple linear regression model. As for the results of this study, the variable World Oil Price (X) can explain the Return Cryptocurrency variable (Y) of 27.9%.variableWorld Oil Prices(X) significant effectagainst the Return Cryptocurrency variable (Y). Oil price fluctuations on the world market have an effect on Cryptocurrency Return. In this study, it is found that fluctuations in oil prices in the world market have a positive impact on Cryptocurrency Return. That is, the increase in oil prices encourages the rise of Cryptocurrencies. Researchers suggest to pay more attention to world oil prices first before other commodities, because the impact of world oil prices is very large on commodity prices worldwide. So, for example, a decline in world oil prices can affect Cryptocurrency Return.
Abstract. The business market in Indonesia, especially those engaged in painting, utilizes e-commerce as a communication activity in the current PPKM era. Various painting products are marketed online and packaged as attractively as possible to attract consumer interest. The level of intense competition and the Covid pandemic requires painting traders to create easy communication activities online. Experiences, motives, communication methods, and the meaning of using NFT in Pak Iin's painting shop are research questions that will be investigated. This research uses qualitative research methods. Thus, researchers try to discuss accurately in the various phenomena that exist. Observation and in-depth interviews were used as data collection techniques. In-depth interviews were conducted with informants from Pak Iin's painting shop on Jalan Braga who have used the NFT application to sell their paintings. Data reduction, presentation and verification are used as data analysis techniques - research data. The phenomenon that occurs as a painter in Pak Iin's painting shop is the only phenomenon studied by the researcher. Analyzed by using the theory of phenomenology according to Alfred Schutz as a hope to find data, evidence and information on phenomena more fully. Based on the results of the research that has been formulated on the findings of experience research, motives, ways of communication, and the right meaning in the sale of paintings by painters on Jalan Braga from the use of the NFT application, namely: 1) Experience is based on a work ethic on values such as Pak Iin received direct assistance from Ridwan Kamil, Pak Iin in using the NFT application, Pak Iin's painting sales sold at a high price, and Pak Iin was patient in marketing his painting products online with direct assistance from Ridwan Kamil. 2) The motive is divided into two parts, namely the primary motive and the secondary motif. The motives of work relations and the search for connections carried out by Ridwan Kamil and Pak Iin are included in the types of primary motives and biogenetic motives for the use of scientific disciplines, maximizing self-potential, and interest in NFT applications including secondary motives with sociogenetic motives. 3) The way of communication is done face-to-face or indirectly between Pak Iin and Ridwan Kamil in interacting with each other by sending or receiving messages indirectly with the internet media. 4) The meaning obtained is the concept of being patient at work and self-benefit for the environment around Pak Iin's painting shop.
 Abstrak. Pasar bisnis di Indonesia khususnya yang bergerak di bidang lukisan, memanfaatkan e – commerce sebagai aktivitas komunikasi di masa PPKM saat ini. Berbagai produk lukisan dipasarkan secara online dan dikemas semenarik mungkin untuk menarik daya tarik minat konsumen. Tingkat persaingan yang ketat dan adanya pandemim Covid menuntut para pedagang lukisan harus menciptakan aktitivtas komunikasi yang memudahkan secara online. Pengalaman, motif, cara komunikasi, dan makna pemanfataan NFT di toko lukisan Pak Iin menjadi pertanyaan – pertanmyaan penelitian yang akan diteliti. Penelitian ini mneggunakan metode penelitian kualitatif. Dengan demikian, peneliti berusaha membahas secara akurat dalam berbagai fenomena – fenomena yang ada. Observasi dan wawancara mendalam digunakan sebagai teknik pengumpulan data. Wawancara mendalam dilakukan kepada informan dari toko lukisan Pak Iin di jalan Braga yang telah menggunakan aplikasi NFT sebagai penjualan lukisannya. Reduksi, penyajian dan verifikasi data digunakan sebagai teknik analisis data – data penelitian. Fenomena yang terjadi sebagai seniman pelukis di toko lukisan Pak Iin adalah fenomena satu – satunya peneliti yang diteliti. Dianalisis dengan menggunakan teori fenomenologi menurut Alfred Schutz sebagai harapan dapat menemukan data, bukti serta informasi fenomena secara lebih lengkap. Berdasarkan hasil penelitian yang telah dirumuskan pada hasil temuan penelitian pengalaman, motif, cara komunikasi, dan makna yang tepat pada penjualan lukisan yang dilakukan seniman pelukis di jalan Braga dari penggunaan aplikasi NFT yakni: 1) Pengalaman didasari oleh adanya etos kerja pada nilai – nilai seperti Pak Iin mendapatkan bantuan langsung dari Ridwan Kamil, Pak Iin pada pemanfaatan aplikasi NFT, penjualan lukisan yang dilakukan Pak Iin laku dengan harga drastis, dan Pak Iin sabar dalam memasarkan produk lukisannya secara online dengan adanya bantuan dari Ridwan Kamil langsung. 2) Motif dibagi menjadi dua bagian yaitu motif primer dan motif sekunder. Motif relasi kerja serta pencarian koneksi yang dilakukan Ridwan Kamil beserta Pak Iin termasuk kedalam jenis motif primer serta motif biogenetis pada pemanfaatan disiplin ilmu, pemaksimalan potensi diri, dan ketertarikan akan aplikasi NFT termasuk pada motif sekunder dengan motif sosiogenetis. 3) Cara komunikasi dilakukan secara tatap muka atau tidak langsung antara Pak Iin dengan Ridwan Kamil dalam berinteraksi satu sama lain dengan mengirim atau menerima pesan secara tidak langsung dengan adanya media internet. 4) Makna yang didapatkan adalah konsep sabar dalam bekerja dan kebermanfaatan diri bagi lingkungan sekkitar toko lukisan Pak Iin yang terjadi.
This study explains the Islamic economic perspective on cryptocurrency, in this case, in the light of maqashid shariah. This research was a literature study and qualitative in nature. The data analysis applied a descriptive-analytical technique with a normative juridical approach to Islamic law. The results of this study conclude that cryptocurrency has a much greater element of mafsadah than maslahah. It is an investment commodity rather than a currency with a very high level of risk and volatility that reflects the mafsadah. This is the attraction of a new investment model because it only follows the trend of global market developments that are far from the function and benefits of currency in the perspective of Islamic economics.
As a sophisticated platform, namely Blockchain, which has 3 (three) potentials to change the governance system which is still considered traditional, solve the problem of principal agents, and minimize the crime of document falsification. However, in the government sector, the documents used can be insecure and lead to document falsification. Blockchain is becoming increasingly significant in document services and beyond until questions arise about the authenticity and security of manuscripts and documents in the government sector. So, Go-Chain (Government Blockchain) it is necessary to authenticate documents using Blockchain to minimize document forgery. By utilizing the potential of Blockchain technology, this research aims to maximize government e-documents in a modern and secure manner. Propose a Blockchain-based document framework method that is applied with a literature review study—in addition to ensuring the speed of system execution by utilizing DAO (Decentralized Autonomous Organization) and Smart Contracts. The result is that modern and safe government e-documents in document verification can significantly maintain transparency and increase trust in public services.
This paper explains the differences in the implementation of financing governance policies at universities that have an impact on the quality of management. The research was conducted on two leading Islamic universities in Indonesia, UIN Syarif Hidayatullah Jakarta and UIN Maulana Malik Ibrahim Malang. This article is based on the hypothesis that the combination of higher education self-financing with stricter restrictions on the state budget has caused higher education institutions to conduct workload studies on internal resources. The management of public service bodies that prioritize the principles of efficiency and productivity is part of a combination hypothesis that requires universities to implement business practices to improve services for the provision of educational services. Through an empirical approach, it was found that there was an increase in compliance with the policies of financing laws and regulations but there were distortions in the policy of centralization and decentralization of financing that had an impact on resource performance.Keywords: Public Service Agency; Financing Management; Islamic State University AbstrakTulisan ini menjelaskan perbedaan implementasi kebijakan tata kelola pembiayaan pada universitas berdampak kepada mutu manajemen. Penelitian dilakukan kepada dua perguruan tinggi Islam terkemuka, UIN Syarif Hidayatullah Jakarta dan UIN Maulana Malik Ibrahim Malang. Artikel ini didasarkan pada hipotesis kombinasi dari pembiayaan mandiri pendidikan tinggi dengan batasan lebih ketat pada anggaran negara telah menyebabkan institusi pendidikan tinggi untuk melakukan studi beban kerja pada sumber daya internal. Pengelolaan badan layanan umum yang mengutamakan prinsip efisiensi dan produktivitas merupakan bagian dari hipotesis kombinasi yang menuntut perguruan tinggi untuk menerapkan praktik-praktik bisnis untuk meningkatkan layanan penyediaan jasa pendidikan. Melalui pendekatan empiris ditemukan peningkatan kepatuhan terhadap kebijakan peraturan perundang-undangan pembiayaan namun terjadi distorsi dalam kebijakan sentralisasi dan desentralisasi pembiayaan yang berdampak kepada kinerja sumber daya.Kata kunci: Badan Layanan Umum; Manajemen Pembiayaan; Universitas Islam Negeri
Perkembangan dunia modern terus berkembang pesat, salah satunya terhadap dunia fintech. Sehingga terus bermunculan ide baru untuk menciptakan sistem pembayaran yang lebih efektif dan lebih canggih dari sebelumnya. Dari situlah tercipta bitcoin sebagai salah satu bentuk dari sistem cryptocurrency. Semakin kesini, perkembangan dan peminat bitcoin sangat pesat karena keuntungan yang digarap sangat besar. Dalam rentang waktu yang singkat harga bitcoin terus menjulang tinggi. Kendati demikian, permasalah perbedaan pandangan dan pendapat tentang sah nya bitcoin masih terus diperdebatkan. Hal ini didasari peraturan undang-undang yang menyebutkan bahwa mata uang yang sah dan diterima di Indonesia adalah Rupiah. Dan sampai saat ini belumm ada perubahan ataupun penambahan. Oleh karenanya, peneliti bertujuan untuk memaparkan tentang “Bitcoin dan Keabsahannya Sebagai Mata Uang Virtual dari Perspektif Hukum Positif di Indonesia”. Apakah benar Indonesia telah memberikan legal formal terhadap bitcoin sebagai mata uang virtual yang dapat digunakan untuk alat pembayaran dan sebagai alat tukar ?. Banyak kemungkinan yang akan terus berubah sejalan dengan perubahan yang terus ada terutama dalam bidang ekonomi oleh karenanya, pada penelitian ini,peneliti akan menjelaskan tentang kedudukan keabsahan hukum bitcoin sebagai mata uang virtual di Indonesia saat ini.
Cryptocurrencies have been gaining attention in the financial world in recent years, with the model reportedly being able to digitally transfer, store and record information, and has the potential to transform traditional financial services. Financial digitization is very much needed in today's conditions, where all life uses digital systems to support life. Financial modification is certainly needed in realizing sustainable finance, especially in the field of Islamic finance globally. In this study to explore the potential of cryptocurrencies in the inclusion of sustainable Islamic finance. This research was conducted using a library research model, with data collection in the form of books, journals, websites and other objects that are considered relevant and then carried out an in-depth study through descriptive qualitative analysis methods. The results of the study indicate that cryptocurrency is a financial digitization that has the potential to support and ensure that the Islamic financial transaction process can be accessed by millions of consumers so that the goal of financial inclusion can be achieved and supports the development of the financial industry that has transaction efficiency values so that it can realize sustainable Islamic finance.
Financial supply chain (Supply Chain Finance/SCF) is a hot topic in supply chain management research (Supply Chain Management). SCF's goal is to diversify funding sources from companies with limited capital and be able to improve financial efficiency throughout the company's supply chain network. SCF has become a source of short-term funding for thousands of micro, small and medium enterprises (MSMEs). The current research on SCF still uses a conventional financial framework, and no SCF research uses an Islamic financial framework. This study aims to develop an SCF framework and system based on Islamic sharia principles in the form of a sharia crowdfunding platform using blockchain technology and smart contracts. The system design produced by this research uses smart contracts that are run using the Ethereum protocol to prevent fraud/embezzlement and improve the security system on the planned platform, according to blockchain characteristics, which are very difficult to take over.
Various financial products have emerged in the era of the digital economy, including cryptocurrencies. In Indonesia, the Commodity Futures Trading Regulatory Agency (CoFTRA) regulates the use of cryptocurrencies. Cryptocurrencies are designated as investment assets that can be included as commodities in trading on futures exchanges but are prohibited from being used as a means of payment. Crypto investors in Indonesia alone in 2021 have reached 6.5 million people with a transaction value of Rp 370 trillion as of May 2021. This number continues to increase from the previous year, making crypto investors bigger than stocks or mutual funds. This study then analyzes the factors influencing the Indonesian people's interest in investing in cryptocurrencies. Data collection techniques were collected through questionnaires distributed online to 97 respondents, while data processing used multiple regression analysis. The findings of this study indicate that yield and flexibility have a positive and significant effect on interest in investing in cryptocurrencies. Meanwhile, the prohibition of cryptocurrencies has a negative impact on interest in investing in cryptocurrencies.