Demand for digital payments rises in Indonesia; 2 finance leaders opt for collaboration
Executives from Dana and LinkaAja pointed at artificial intelligence and blockchain technology use cases in finance that are subject to government policies.
Executives from Dana and LinkaAja pointed at artificial intelligence and blockchain technology use cases in finance that are subject to government policies.
The commodities watchdog has formed the ‘Crypto Asset Committee’ to oversee the sector, comprising of regulators, academics, exchanges, and other stakeholders.
Most of the investment will be used to equip 840,000 Indonesians with AI skills, with an aim for nationwide upskilling program that will focus on women and youth from underrepresented communities.
The $200 million center project by Nvidia and Indonesia will power the Southeast Asian country’s push into artificial intelligence (AI), providing infrastructure and talent for the digitization drive.
Indonesia's Financial Services Authority regulatory guidance intends to serve as a compass for financial institutions exploring virtual asset services for their customers.
Indonesia's Bappebti has requested that the country's Ministry of Finance evaluate the current tax regime for digital currencies to reflect the embrace of digitization.
Bank Indonesia's consultation report on its wholesale CBDC initiative, Project Garuda, shows that most of the 42 participating entities favor using a permissioned ledger over a centralized system.
Bank Indonesia's plans for its central bank digital currency, the digital rupiah, will focus on wholesale interbank settlement using blockchain technology.
Gibran Rakabuming Raka pledges to prioritize digital upskilling should he win the 2024 general elections, laying out a blueprint focused on empowering the youth with emerging technologies.
Indonesia's Bappebti also rolled out its clearing house and a depository for digital assets to accompany the national exchange, a move designed to protect the growing number of digital currency investors from industry-related risks.
Once Indonesia's national exchange goes live, all digital currency transactions must be processed through the exchange, according to Bappebti Chief Didid Noordiatmoko.
At the IEEE event in Indonesia, IPv6 Forum President Latif Ladid shares his plans for the future of the new internet iteration IPv6 that integrates blockchain tech—particularly BSV blockchain.