Re-inventing PTPTN study loan with blockchain and smart contracts
The issue of default payments from borrowers of the National Higher Education Fund Corporation (PTPTN) is worrisome. Many borrowers fail to pay their loans and claims that the PTPTN has poor management and filing system. This study proposed a prototype for managing study loan repayment utilizin...
| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Language: | English English |
| Published: |
IEEE
2017
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/62907/ http://irep.iium.edu.my/62907/ http://irep.iium.edu.my/62907/ http://irep.iium.edu.my/62907/1/62907%20Re-inventing%20PTPTN%20study%20loan%20with%20blockchain%20and%20smart%20contracts.pdf http://irep.iium.edu.my/62907/2/62907%20Re-inventing%20PTPTN%20study%20loan%20with%20blockchain%20and%20smart%20contracts%20SCOPUS.pdf |
| Summary: | The issue of default payments from borrowers of
the National Higher Education Fund Corporation (PTPTN) is
worrisome. Many borrowers fail to pay their loans and claims
that the PTPTN has poor management and filing system. This
study proposed a prototype for managing study loan repayment
utilizing blockchain and smart contracts. Borrowers have full
access toward their accounts and ledgers while corporation filing
and management system get automatically up-to-date with the
assistance of smart contracts. |
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