Friday, February 3, 2023

Tag: Digital & Technology

The Ministry of Communications and Information is promoting the acceleration of national digital transformation through national startup because Indonesia has a great opportunity to achieve digital economic independence. Data shows that Indonesia has experienced faster digital economic growth, compared to other Southeast Asian countries. […]
The trend of Non-Fungible Tokens or NFT is being discussed. NFT is a digital asset that resides in a blockchain. Blockchain is a combination of a lot of data located around the world, which then records the digital footprint of a cryptocurrency and can even record the track record of intellectual property rights that have been created digitally. Blockchain technology […]
Media is a changing and evolving industry that creates jobs, goods and services, and revives related industries. Media is also an industry in itself that has rules and norms that link these institutions to society and other social institutions. Media behavior cannot be separated from the interests of the parties associated with the media system. These parties are media workers […]
The term cryptocurrency (crypto) or cryptocurrency may have been discussed recently. Cryptocurrencies are an increasingly popular alternative to online payments. Cryptocurrency is a digital asset designed to work as a medium of exchange using strong cryptography to secure financial transactions, control the creation of additional units, and verify asset transfers. The most famous crypto currency is bitcoin, besides bitcoin there […]
The fintech industry in Indonesia is currently experiencing very rapid development. This is evidenced by the large number of fintech business actors who have been registered and/or registered with the OJK. Based on data compiled from the OJK website as of May 17, 2022, until April 22, 2022, the total number of fintech peer-to-peer lending or fintech lending providers licensed […]
In this digital era, anything can be accessed using the internet. Starting from online shopping, ordering food online, to online-based transportation. E-Commerce or electronic commerce is all forms of trade in goods or services that use internet intermediary media. With this online shopping, it makes it easier for many parties in terms of transacting. However, there are still many people […]
Bisnis Indonesia Resource Center data indicate that Alibaba began its investment in Indonesia through two e-commerce companies, Lazada and Tokopedia. On April 11, 2016, Alibaba invested US$ 1 billion in Lazada, a Singapore-based e-commerce platform. In addition to Indonesia and Malaysia, Lazada is also present in the Philippines. Alibaba Holding Ltd increased its ownership in Lazada to US$ 1 billion […]
In Indonesia, the Chinese telecommunication company Huawei is gaining traction despite some concerns regarding its possible surveillance and intelligence purposes. In a statement to Indonesia Business Post, Huawei Rotating Chairman Guo Ping said that Huawei will support the development of information and communication technology infrastructure and digital transformation in Indonesia, especially 5 G infrastructure and cloud, […]
On February 18, 2021 the Fisheries and Maritime Affairs Ministry (KKP) issued a new regulation which initially intends to address and solve the issue about disorganized submarine communications cable and pipes. It will be the legal basis for any installment of underwater pipes and cables. A better controlled layout of these cables and pipelines are crucial in optimizing the use […]
The dependence of developing countries on technology from developed countries is a fact that cannot be denied. Developing countries really need the help of developed countries to carry out technology transfer. Indonesia as a developing country has not optimally encouraged the development of technology towards the improvement of the mastery and utilization of technology. It can be seen from the […]
Intellectual Property Rights (“IPRs”) protection constitutes an asset of a business as it sets novel ideas, creative designs, and other intangible objects as essential elements to enhance a company’s position in the market. The scope of IPRs protected in Indonesia includes Patents, Trademarks, Copyrights, Industrial Designs, Geographical Indications, Trade Secrets, and Layout Designs of Integrated Circuits. This article will discuss […]
In 2020, there are 959 companies that have obtained permits to provide telecommunications services in Indonesia, an increase of 13.76% from the previous year. The increasing presence of telecommunications companies in Indonesia is very vulnerable to causing violations and monopolistic practices as well as unfair business competition. The potential fraud that may occur is the practice of cartels and price […]
Ownership of personal data is very important in the digital age. Each individual is required to submit personal data when using online services, buying products online, registering an email account, making doctor’s appointments, paying taxes, signing contracts, etc. It is important for business actors, especially in the fintech sector, to know the rules regarding data protection and what must be […]