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Transformation of Payment in Education Use Bitcoin with Reduced Confirmation Times

Aptisi Transactions on Technopreneurship (ATT) · Vol. 5 No. 1 (2022) · pp. 1–8

DOI
10.34306/att.v5i1.285
ISSN
2656-8888, 2655-8807
Published
2022-12-08
Publisher
Pandawan
Language
en
License
creativecommons.org/licenses/by/4.0

Abstract

Significant changes in the financial system are prompted by the growth of the national economy, particularly as a form of payment. The means evolved from barter to things or commodities to metal and paper as the base materials for money before arriving at barter. With such significant changes, there is also a need for a transformation in the world of education in order to welcome technological advancements and one way to survive the changes in the increasingly rapid digital era. As the economic need increases, trade transaction methods shift from traditional to internet-based. One of the necessary international online payment options is bitcoin. For many applications where payments are modest and instantaneous approval is required, Bitcoin is inappropriate because of the high transaction fees and long confirmation periods. As a result, despite the introduction of numerous rival cryptocurrencies to address these problems, the Bitcoin network continues to be the most extensively used payment method. Unquestionably, new finding of this research that effectively address the problems of high transaction costs and transaction verification times are needed if the company is to benefit from its user network. The Lightning Network (LN), which makes use of off-chain bidirectional payment channels between participants, is one of the most recent payment network concepts to be proposed.

Keywords

Collaboration network of the authors

40 authors · 151 co-authorship links · 29 across different organisations · showing the 40 most connected

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Satya Wacana Christian University
  • Universitas Raharja
  • Atma Jaya Catholic University of Indonesia
  • Universitas Buddhi Dharma
  • Universitas Kanjuruhan
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Untung RahardjaAffiliation unknown28
Nuke Puji Lestari SantosoUniversitas Raharja10
Alfiah KhoirunisaUniversitas Raharja5
Ninda LutfianiUniversitas Raharja5
Hindriyanto Dwi PurnomoSatya Wacana Christian University5
Po Abas SunaryaAffiliation unknown5
Untung RahardjaUniversitas Raharja5
Ade IrianiSatya Wacana Christian University5
Adi SetiawanSatya Wacana Christian University4
Theophilus WellemAffiliation unknown4
Iwan SetyawanSatya Wacana Christian University3
Hendry HendrySatya Wacana Christian University3
Sutarto WijonoAffiliation unknown3
Nuke Puji Lestari SantosoAffiliation unknown3
Nesti Anggraini SantosoAffiliation unknown2
Shofiyul MillahAffiliation unknown2
Alwiyah AlwiyahAffiliation unknown2
Eka Purnama HarahapUniversitas Raharja2
Agung RizkyAffiliation unknown2
Yerik Afrianto SinggalenAtma Jaya Catholic University of Indonesia2
Eko SediyonoSatya Wacana Christian University2
Sri Yulianto Joko PrasetyoSatya Wacana Christian University2
Benny DaniawanUniversitas Buddhi Dharma2
Sugeng SantosoUniversitas Kanjuruhan2
Sudaryono SudaryonoUniversitas Raharja1
Firman HanafiUniversitas Raharja1
Mukti BudiartoUniversitas Raharja1
Panca O. Hadi PutraUniversitas Raharja1
Sulistio SulistioUniversitas Raharja1
Eric Megah PerdanaSatya Wacana Christian University1
Lyonly Evany TomasoaSatya Wacana Christian University1
Eko Nur HermansyahSatya Wacana Christian University1
Raihan RaihanAffiliation unknown1
Siti Nurindah SariAffiliation unknown1
Rusli Ginting MuntheAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://att.aptisi.or.id/index.php/att/oai, first harvested 6 Nov 2026, last seen 6 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Transformation of Payment in Education Use Bitcoin with Reduced Confirmation Times</dc:title>
	<dc:creator xml:lang="en">Henderi</dc:creator>
	<dc:creator xml:lang="en">Aini, Qurotul</dc:creator>
	<dc:creator xml:lang="en">Manongga, Danny</dc:creator>
	<dc:creator xml:lang="en">Sembiring, Irwan</dc:creator>
	<dc:creator xml:lang="en">Apriliasari, Dwi</dc:creator>
	<dc:creator xml:lang="id">Apriliasari, Dwi</dc:creator>
	<dc:subject xml:lang="en">Bitcoin</dc:subject>
	<dc:subject xml:lang="en">Payment</dc:subject>
	<dc:subject xml:lang="en">Education</dc:subject>
	<dc:description xml:lang="en">Significant changes in the financial system are prompted by the growth of the national economy, particularly as a form of payment. The means evolved from barter to things or commodities to metal and paper as the base materials for money before arriving at barter. With such significant changes, there is also a need for a transformation in the world of education in order to welcome technological advancements and one way to survive the changes in the increasingly rapid digital era. As the economic need increases, trade transaction methods shift from traditional to internet-based. One of the necessary international online payment options is bitcoin. For many applications where payments are modest and instantaneous approval is required, Bitcoin is inappropriate because of the high transaction fees and long confirmation periods. As a result, despite the introduction of numerous rival cryptocurrencies to address these problems, the Bitcoin network continues to be the most extensively used payment method. Unquestionably, new finding of this research that effectively address the problems of high transaction costs and transaction verification times are needed if the company is to benefit from its user network. The Lightning Network (LN), which makes use of off-chain bidirectional payment channels between participants, is one of the most recent payment network concepts to be proposed.</dc:description>
	<dc:publisher xml:lang="en">Pandawan</dc:publisher>
	<dc:date>2022-12-08</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://att.aptisi.or.id/index.php/att/article/view/285</dc:identifier>
	<dc:identifier>10.34306/att.v5i1.285</dc:identifier>
	<dc:source xml:lang="en">Aptisi Transactions on Technopreneurship (ATT); Vol. 5 No. 1 (2023): March; 1-8</dc:source>
	<dc:source xml:lang="id">Aptisi Transactions On Technopreneurship (ATT); Vol 5 No 1 (2023): March; 1-8</dc:source>
	<dc:source>2656-8888</dc:source>
	<dc:source>2655-8807</dc:source>
	<dc:source>10.34306/att.v5i1</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://att.aptisi.or.id/index.php/att/article/view/285/189</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2022 Henderi, Qurotul Aini, Danny Manongga, Irwan Sembiring, Dwi Apriliasari</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by/4.0</dc:rights>
</oai_dc:dc>