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Digital Rupiah as an alternative digital transaction in Indonesia

Novitasari, Zafira Putri, Kusuma, Avicenna Raihan and Kholilah, Kholilah ORCID: https://orcid.org/0000-0003-1828-9642 (2024) Digital Rupiah as an alternative digital transaction in Indonesia. International Journal of Multicultural and Multireligious Understanding, 11 (10). pp. 348-355. ISSN 2364-5369

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Abstract

Digitalization in the financial industry revolutionized the transaction system with the emergence of Cryptography-based Digital Currencies. It has recently evolved into digital currencies issued by central banks, known as Central Bank Digital Currency (CBDC). Bank Indonesia responds by developing a plan to release Digital Rupiah as part of the digital transformation initiative in the national payment system. This study aims to determine the authors' interest in discussing Indonesia's CBDC as seen through article publication trends. This research uses the systematic literature review (SLR) method. The results show that there is an increasing trend in the publication of articles on Digital Rupiah. The published articles discuss Digital Rupiah from various sides such as legality, implementation mechanism, challenges opportunities and impacts, to its potential implementation.

Item Type: Journal Article
Keywords: Digital Rupiah; CBDC; Garuda Project
Subjects: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150203 Financial Institutions (incl. Banking)
15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified
15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment
Divisions: Faculty of Economics > Department of Accounting
Depositing User: Kholilah Kholilah
Date Deposited: 19 Feb 2025 10:11

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