During the last couple of years, governments throughout the world have been actively researching and looking for ways to implement blockchain technology into the public administration. Now, recent reports indicate that both the public and private sectors in Indonesia, are exploring the technology.

With this in mind, the government has taken what many refer to, as a leadership role, meant to further explore blockchain technology. This has been done by having the Financial Services Authority create a team, in charge with studying all methods in which blockchain technology can help improve Indonesia’s financial services market.