The government of Indonesia sees positive enthusiasm for the future of Blockchain

Several discussions held during the At The Table: Blockchain & Crypto Roadmap 2023 event organized by the Indonesian Blockchain Association and Chainalysis shed light on the potential of Blockchain in supporting Indonesia’s future economy

JAKARTA, Indonesia, 19 January 2023 /PRNewswire/ — Asosiasi Blockchain Indonesia (ABI) and all its members successfully held the Focus Group Discussion (FGD) At The Table: Blockchain & Crypto Roadmap 2023 event, receiving positive enthusiasm from the government and all participants who attended.

The event was held exclusively in collaboration with Chain analysis – the blockchain data platform that provides software, data, services and research to government agencies, stock exchanges, financial institutions, as well as insurance and cybersecurity companies in more than 70 countries. This event was also attended by:

• Minister for Tourism and Creative Economy Indonesia

• Deputy for coordination of international economic cooperation – Coordinating Ministry of the Economy

• Head of the Commodity Futures Trading Development and Development Bureau (Bappebti)

• Head of Sub-Directorate 3 Money Laundering Crimes (TPPU) – Criminal Investigation Agency of the Indonesian National Police

• Action. Deputy for Analysis and Investigation of the Center for Financial Transaction Reports and Analysis (PPATK)

• Head of Research Center for Macroeconomics and Finance – National Research and Innovation Agency (BRIN)

• Expert Staff Office for the President (KSP)

• Director of Electronic Procurement System Development (SPSE) – Government Goods/Services Procurement Policy Institute (LKPP)

• Deputy for Archives System Information and Development – National Archives of the Republic of Indonesia (ANRI)

• Information systems and technology coordinator – Ministry of Maritime Affairs and Fisheries, and

• Corruption Eradication Commission (KPK)

Asih Karnengsih, MM, Chairman ABI highlighted the importance of the event, “This activity is designed as a meeting forum for government and industry players to discuss the potential implementation of blockchain, issues faced, market trends and future development plans that will support Blockchain & Crypto Roadmap i Indonesia“. During the event, there were four sessions hosted by subject matter experts from the industry, discussing:

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• Blockchain for mass adoption

• Implementation of Blockchain i Indonesia

• Crypto Asset Market: Trends and Issues

• Blockchain and crypto regulation

Andianto Haryoko, Assistant Expert Planner – Ecosystem Coordinator and ICT Exploitation, Directorate of Electricity, Telecommunications and Informatics, Ministry of PPN/National Development Agency (Bappenas), commented: “The adoption of blockchain is inevitable, especially for the government. Blockchain technology has the potential to to support the development of smart cities as well.”

Supporting Andianto’s view, Nilam Amalia Pusparini, Coordinator of Information Systems and Technology – Ministry of Maritime Affairs and Fisheries (KKP) emphasized the benefits of blockchain technology, especially for the fisheries supply chain. “CCP has plans to adopt blockchain, and one of the use cases we are looking to work on is a traceability function for fish products”.

Commenting on the effectiveness of blockchain technology, Patria Susantosa, Director of Electronic Procurement System Development – Government Goods/Services Procurement Policy Institute (LKPP), said, “Existing business processes can be transformed with the help of blockchain and can be simplified. For example, blockchain technology can be used for the development of electronic catalogs . Blockchain can enable efficiency throughout the transaction process from product procurement, procurement, contracts, delivery and to payment”.

Positive enthusiasm was also seen from attendees at the event, including Zamroni Salim, head of the BRIN Macroeconomics and Financial Research Center who shared that “Blockchain expertise at the community and government levels can help blockchain activists in Indonesia to contribute ideas and creativity to drive a mass adoption of the technology.” Edi Prio Pambudi, Deputy Director of Coordination of International Economic Cooperation – Coordinating Ministry of Economy also urged relevant ministries to be more adaptable, and go beyond planning the implementation of blockchain “The Government and all parties must work together immediately to continue to support blockchain technology and contribute to the growth of digital transformation designed by Bappenas”.

The discussions held at the event also shed light on cryptocurrency assets, the most widely used blockchain technology in Indonesia. Robertus Yohanes Deo Tresna Eka Trimana, Head of Sub-Directorate 3 Money Laundering Crime (TPPU) BARESKRIM POLRI, examined the security of crypto-assets, highlighted several points, including regulations and sanctions. From a regulatory perspective, Robertus said, “We need to examine the regulatory framework on crypto-asset transactions. In terms of sanctions, there needs to be further regulation and clarity in categorization, for example, either as administrative sanctions or criminal sanctions.”

Joshua FooRegional Director, ASEAN, and Central Asia at Chainalysis said, “Indonesia made it to the top 20 of our Global Cryptocurrency Adoption Index 2022, which is proof of the great potential of the blockchain economy in Indonesia. We are honored to have the Indonesian government participate in this dialogue and Chainalysis will remain committed to supporting the local market on its blockchain journey. Public-private sector cooperation is crucial to promoting the future Indonesia’s blockchain economy. Through this strong collaboration Indonesia’s The blockchain ecosystem can continue to develop with trust and transparency at its core, and be a key economic driver for the country.”

The event ended with a keynote speech by Sandiaga Uno, the Minister of Tourism and Creative Economy, who expressed his hopes for the future. “Indonesia’s the economy will remain resilient in the future, considering that a large and consumer population certainly offers very promising potential for online business.”

“The crypto and blockchain industry can be part of these opportunities and potentials that can be explored for the future. Let’s work together on the future plans presented in the At The Table: Blockchain & Crypto Roadmap 2023 event, to realize the real implementation and mass adoption of blockchain i Indonesia“, Sandi said.

SOURCE Asosiasi Blockchain Indonesia