Pengaruh Kepastians Hukum, Kepercayaan Digital, dan Persepsi Risiko terhadap Minat Penggunaan Smart Contract Berbasis Blockchain di Indonesia
TL;DR
The findings reveal that legal certainty has a positive and significant effect on the intention to use smart contracts, digital trust is the most dominant factor in increasing usage intention, while perceived risk has a negative and significant effect.
Abstract
This study aims to analyze the effect of legal certainty, digital trust, and perceived risk on the intention to use blockchain-based smart contracts in Indonesia. This research employed an explanatory quantitative approach involving an accessible population of 100 respondents, including digital business actors, digital financial service users, technology-based MSME actors, law/economics/informatics students, legal practitioners, and blockchain technology users. Data were collected using a five-point Likert scale questionnaire and analyzed through SEM-PLS using SmartPLS. The findings reveal that legal certainty has a positive and significant effect on the intention to use smart contracts, digital trust is the most dominant factor in increasing usage intention, while perceived risk has a negative and significant effect. The R-square value of 0.647 indicates that the three variables explain 64.7% of the variation in smart contract usage intention. The implications of this study highlight the need to strengthen regulation, improve platform security and transparency, and educate users to support safer, more trustworthy, and sustainable smart contract adoption in Indonesia.