Saving Product Using Blockchain for E-BMT Platform

Authors

DOI:

https://doi.org/10.26555/jiteki.v8i4.24753

Keywords:

Blockchain, BMT, Cooperative, Ethereum

Abstract

Baitul Maal Wa At Tamwil (BMT) is a sharia financial institution that provides savings and loan services in accordance with the social, cultural, and economic needs of rural communities, especially in agricultural and plantation communities. The current data management is still using manual recording and a centralized server which can cause fraudulent financial reports and creates a lack of credibility between BMT and its customers. The research method is to decentralize the application data system by using blockchain technology, then replacing the conventional database to blockchain system. The simulation shows that the e-BMT application are connected to blockchain network as intended, users can use metamask to interact with the Ethereum network, the blockchain implementation on e-BMT application has run according to expectations with a 100% success rate with the average transfer time on two devices of 9.47 seconds and 12.13 seconds. While the results of data entry time on two devices obtained an average of 9.96 seconds and 37.09 seconds. While the blockchain implementation on e-BMT could provide access to every user so that each entity could confirm the validity of the transactions, the size of the transactions, and other data recorded on the blockchain without having to develop an integrated database system. The research contributes in two aspects, first, we develop the distributed blockchain system using public Ethereum  blockchain network integrated with with popular e-wallet such as metamask, provides easy access for both customers and BMT parties who are connected to the network so that the recorded data can be accessed by anyone, and second, the application of blockchain technology to BMT is capable to interact with users as it is built on a website platform with RESTful API.

Author Biographies

Taufiq Gilang Adhitama, Telkom University

Taufiq Gilang Adhitama (born in Jakarta, 2000) received his engineering degree in Department of Computer Engineering, Telkom University in 2022. His current interest are IoT, networking, and blockchain technology in the field of financial technology. taufiqga@telkomuniversity.ac.id, (orcid id: 0000-0002-8203-5551)

Anggunmeka Luhur Prasasti, Telkom University

Anggunmeka Luhur Prasasti (born in Pasuruan, 1990) received her Engineering degree in Telecommunication Engineering from Telkom Institute of Technology (Telkom University) in 2012. She obtained her master degree in Biomedical Engineering Program, from School of Electrical Engineering and Informatics, Institut Teknologi Bandung on 2015. Her current research interests are artificial intelligent in signal processing and machine learning implementation to forecast condition such as rain possibility and crowd density in an area. She's used to compete several international IT competitions such as Microsoft Imagine Cup and Asia Pacific ICT Awards, to name a few. She could be reached through anggunmeka@telkomuniversity.ac.id

Ali Fahmi Perwira Negara, Telkom University

Ali Fahmi Perwira Negara, (born in 1988 on Bengkulu) received his engineering degree in informatics engineering from Multimedia University (MMU) Malaysia in 2010. He subsequently pursued his post graduate study and was conferred a Master of Engineering in Electronics & Computer from School of Electronics & Computer Engineering, Chonnam National University, Korea in 2013. His technology interests are mainly in the areas of pervasive computing and information systems especially in topics of financial technology. His recent focus is in the area of blockchain and its usage in people's daily use cases. He has been mainly working as professional in IT industry in those areas as well as serving as a lecturer in several universities. He won several accolades in programming competion like BRI x Google Indonesia Hackathaton as well as publishing scientific works in his area of interests. He could be reached through either ali.fahmi@lecturer.prasetiyamulya.ac.id or alifahmi@365.telkomuniversity.ac.id (orcid id: 0000-0001-8809-1514).

Downloads

Published

2022-12-21

How to Cite

[1]
T. G. Adhitama, A. L. Prasasti, and A. F. P. Negara, “Saving Product Using Blockchain for E-BMT Platform”, J. Ilm. Tek. Elektro Komput. Dan Inform, vol. 8, no. 4, pp. 565–575, Dec. 2022.

Issue

Vol. 8 No. 4 (2022): Desember

Section

Articles

License

Authors who publish with JITEKI agree to the following terms:

  1. Authors retain copyright and grant the journal the right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.

Lisensi Creative Commons

This work is licensed under a Creative Commons Attribution 4.0 International License

Most read articles by the same author(s)