Teknologi Blockchain Blockchain and Economic Value : A Systematic Literature Review on Financial Efficiency, Inclusion, and Systemic Risk

Natasya Melvinci; Caroline Ong; Cicilia Huang; Velicia Joselie; Stephanie Angjaya; Siti Humairah; Joosten Ng

doi:10.59841/ignite.v3i4.3403

Authors

Natasya Melvinci Universitas Mikroskil
Caroline Ong Universitas Mikroskil
Cicilia Huang Universitas Mikroskil
Velicia Joselie Universitas Mikroskil
Stephanie Angjaya Universitas Mikroskil
Siti Humairah Universitas Mikroskil
Joosten Ng Universitas Mikroskil

DOI:

https://doi.org/10.59841/ignite.v3i4.3403

Keywords:

Blockchain, Economic Value, Financial Efficiency, Financial Inclusion, Systemic Risk

Abstract

This study aims to systematically review the literature that explores the relationship between blockchain technology and economic value, focusing on three main dimensions: financial efficiency, financial inclusion, and systemic risk. The systematic literature review method was employed to identify, evaluate, and synthesize findings from various academic studies and relevant industry reports. The review process involved analyzing articles obtained from scientific databases such as Scopus and Google Scholar, published between 2020 and 2025. The results indicate that the implementation of blockchain technology has significant potential to enhance financial efficiency through transaction cost reduction, increased transparency, and faster settlement processes across financial systems. Furthermore, blockchain can promote financial inclusion by providing access to financial services for populations previously excluded from the conventional financial system. However, the study also reveals that blockchain adoption poses potential systemic risks, including market instability, cybersecurity vulnerabilities, and complex regulatory challenges. Therefore, the findings emphasize the importance of developing balanced policies and regulatory frameworks to maximize the economic benefits of blockchain technology while minimizing its potential risks.

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