Blockchain technology applications in the islamic financial industry : the smart sukuk of blossom finance's platform in indonesia model
Author
Source
Revue des Sciences Economiques, de Gestion et Sciences Commerciales
Issue
Vol. 13, Issue 2 (s) (31 Aug. 2020), pp.309-325, 17 p.
Publisher
Mohamed Boudiaf-Masila University Faculty of Economic Commercial and Management Sciences
Publication Date
2020-08-31
Country of Publication
Algeria
No. of Pages
17
Main Subjects
Topics
Abstract EN
This research aimed to identify the applications of Blockchain in the Islamic financial industry, with a case study of smart sukuk issued through the platform of Blossom Finance in Indonesia.
The study concluded that there are many advantages and areas for Blockchain applications in Islamic finance, especially through the use of smart contracts, cloud data storage, Zakat collection, Waqf management, Takaful and smart sukuk, which leads to increase transparency and effectiveness of Islamic finance.
Smart Sukuk issued through Blossom Finance platform in Indonesia is one of the first technological innovations in this field, as it had an important role in financing microfinance cooperatives in Indonesia.
American Psychological Association (APA)
Babas, Munirah. 2020. Blockchain technology applications in the islamic financial industry : the smart sukuk of blossom finance's platform in indonesia model. Revue des Sciences Economiques, de Gestion et Sciences Commerciales،Vol. 13, no. 2 (s), pp.309-325.
https://search.emarefa.net/detail/BIM-987238
Modern Language Association (MLA)
Babas, Munirah. Blockchain technology applications in the islamic financial industry : the smart sukuk of blossom finance's platform in indonesia model. Revue des Sciences Economiques, de Gestion et Sciences Commerciales Vol. 13, no. 2 (Special Issue) (2020), pp.309-325.
https://search.emarefa.net/detail/BIM-987238
American Medical Association (AMA)
Babas, Munirah. Blockchain technology applications in the islamic financial industry : the smart sukuk of blossom finance's platform in indonesia model. Revue des Sciences Economiques, de Gestion et Sciences Commerciales. 2020. Vol. 13, no. 2 (s), pp.309-325.
https://search.emarefa.net/detail/BIM-987238
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 324-325
Record ID
BIM-987238