Melola Discovery

← Melola Discovery

Akses terbuka Jurnal

Risk Management Strategies in Blockchain Adoption within Financial Institutions Analyzing Challenges and Opportunities

APTISI Transactions on Management (ATM) · Vol. 9 No. 1 (2025) · hlm. 20–29

DOI
10.33050/atm.v9i1.2393
ISSN
2622-6804, 2622-6812
Terbit
2025-01-29
Penerbit
Pandawan
Bahasa
en
Lisensi
creativecommons.org/licenses/by-sa/4.0

Abstrak

The integration of blockchain technology in financial institutions has introduced both groundbreaking opportunities and significant risks, necessitating a comprehensive approach to risk management. Blockchain’s potential to enhance transparency, security, and efficiency in financial processes makes it an attractive technology for financial institutions. However, issues like regulatory uncertainty, data privacy, and technological readiness present unique challenges. This study aims to identify, evaluate, and provide insights into the primary risks associated with blockchain implementation in financial institutions, focusing on both challenges and opportunities to aid in effective risk management. Using the Structural Equation Modeling (SEM) technique with Partial Least Squares (PLS), also known as SmartPLS, this study examines data collected from financial industry stakeholders, including risk managers and IT experts. Variables assessed include data security, regulatory compliance, and technological infrastructure, allowing for a nuanced understanding of the risk dynamics within blockchain adoption. The analysis reveals that data security risks and regulatory concerns significantly impact blockchain implementation success, while technological readiness serves as a moderating factor, influencing the ease of adoption and operational success. Findings underscore the need for a balanced approach to blockchain integration in financial services, where risk management strategies address both regulatory and technological challenges. By identifying these core risks and their implications, this study contributes to the body of knowledge on blockchain risk management and offers practical recommendations for financial institutions aiming to adopt blockchain effectively while minimizing associated risks.

Kata kunci

Jaringan kolaborasi para penulis

29 penulis · 72 tautan kepenulisan bersama

Arahkan kursor atau ketuk sebuah nama untuk menyorot rekan penulisnya. Klik dua kali untuk membuka halaman penulis.

  • Universitas Raharja
  • Afiliasi tidak diketahui
  • Organisasi berbeda
  • Organisasi sama
  • Afiliasi tidak diketahui
  • Garis lebih tebal = lebih banyak artikel bersama · lingkaran lebih besar = lebih banyak artikel
Tampilkan sebagai tabel
Rekan penulisOrganisasiArtikel bersama
Nazhif GifariAfiliasi tidak diketahui3
Erry Yudhya MulyaniAfiliasi tidak diketahui2
Mury KuswariAfiliasi tidak diketahui2
Indah Dwi PermatasariAfiliasi tidak diketahui2
Fitra Putri OgandaUniversitas Raharja1
Fadhila AzzahraAfiliasi tidak diketahui1
Sausan Raihana Putri JunaediAfiliasi tidak diketahui1
Amelia EvansAfiliasi tidak diketahui1
Muchlisina MadaniAfiliasi tidak diketahui1
Ridhuan AhsanitaqwimAfiliasi tidak diketahui1
Ahmad RamadanAfiliasi tidak diketahui1
Achani Rahmania Az ZahraAfiliasi tidak diketahui1
Jerry MaratisAfiliasi tidak diketahui1
Umi RusilowatiAfiliasi tidak diketahui1
Cicilia Sriliasta BangunAfiliasi tidak diketahui1
Siti ChoirunnisaAfiliasi tidak diketahui1
Tiurma Heryawanti PakpahanAfiliasi tidak diketahui1
Septia RosdyaningrumAfiliasi tidak diketahui1
Annisa KhaeraniAfiliasi tidak diketahui1
Vitria MelaniAfiliasi tidak diketahui1
Rachmanida NuzrinaAfiliasi tidak diketahui1
Sarah MardiyahAfiliasi tidak diketahui1
Parlin DwiyanaAfiliasi tidak diketahui1
Dipo WicaksonoAfiliasi tidak diketahui1
FransiskaAfiliasi tidak diketahui1

Afiliasi berasal dari OpenAlex; metadata OAI-PMH jurnal tidak memuatnya. Penulis tanpa ID OpenAlex dicocokkan berdasarkan nama, sehingga dua orang bisa tergabung atau satu orang bisa terpisah.

Sumber metadata: OAI-PMH (metadata jurnal) https://ijc.ilearning.co/ATM/oai, pertama di-harvest 6 Nov 2026, terakhir terlihat 8 Nov 2026.
Metadata asli (oai_dc) 
<oai_dc:dc xmlns="http://www.openarchives.org/OAI/2.0/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/  http://www.openarchives.org/OAI/2.0/oai_dc.xsd">
	<dc:title xml:lang="en">Risk Management Strategies in Blockchain Adoption within Financial Institutions Analyzing Challenges and Opportunities</dc:title>
	<dc:creator xml:lang="en">Dewi, Susanti</dc:creator>
	<dc:creator xml:lang="en">Firasati, Aoliyah</dc:creator>
	<dc:creator xml:lang="en">Sitoayu, Laras</dc:creator>
	<dc:creator xml:lang="en">Bennet, Daniel</dc:creator>
	<dc:creator xml:lang="id">Bennet, Daniel</dc:creator>
	<dc:subject xml:lang="en">AI-Powered Automation</dc:subject>
	<dc:subject xml:lang="en">Operational Efficiency</dc:subject>
	<dc:subject xml:lang="en">Small and Medium Enterprises (SMEs)</dc:subject>
	<dc:description xml:lang="en">
The integration of blockchain technology in financial institutions has introduced both groundbreaking opportunities and significant risks, necessitating a comprehensive approach to risk management. Blockchain’s potential to enhance transparency, security, and efficiency in financial processes makes it an attractive technology for financial institutions. However, issues like regulatory uncertainty, data privacy, and technological readiness present unique challenges. This study aims to identify, evaluate, and provide insights into the primary risks associated with blockchain implementation in financial institutions, focusing on both challenges and opportunities to aid in effective risk management. Using the Structural Equation Modeling (SEM) technique with Partial Least Squares (PLS), also known as SmartPLS, this study examines data collected from financial industry stakeholders, including risk managers and IT experts. Variables assessed include data security, regulatory compliance, and technological infrastructure, allowing for a nuanced understanding of the risk dynamics within blockchain adoption. The analysis reveals that data security risks and regulatory concerns significantly impact blockchain implementation success, while technological readiness serves as a moderating factor, influencing the ease of adoption and operational success. Findings underscore the need for a balanced approach to blockchain integration in financial services, where risk management strategies address both regulatory and technological challenges. By identifying these core risks and their implications, this study contributes to the body of knowledge on blockchain risk management and offers practical recommendations for financial institutions aiming to adopt blockchain effectively while minimizing associated risks.
</dc:description>
	<dc:publisher xml:lang="en">Pandawan</dc:publisher>
	<dc:date>2025-01-29</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://ijc.ilearning.co/ATM/article/view/2393</dc:identifier>
	<dc:identifier>10.33050/atm.v9i1.2393</dc:identifier>
	<dc:source xml:lang="en">APTISI Transactions on Management (ATM); Vol. 9 No. 1 (2025): January; 20-29</dc:source>
	<dc:source xml:lang="id">APTISI Transactions on Management (ATM); Vol 9 No 1 (2025): January; 20-29</dc:source>
	<dc:source>2622-6804</dc:source>
	<dc:source>2622-6812</dc:source>
	<dc:source>10.33050/atm.v9i1</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://ijc.ilearning.co/ATM/article/view/2393/868</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2025 Dini Hidayati, Aoliyah Firasati, Ramzi Zainum Ikhsan, Daniel Bennet (Authors)</dc:rights>
	<dc:rights xml:lang="en">http://creativecommons.org/licenses/by-sa/4.0</dc:rights>
</oai_dc:dc>