E-Cash Collateral: A New Global Paradigm of Security Law

Bambang Daru Nugroho, Tarsisius Murwadji, Hernadi Affandi, Nahrowi

2018

Abstract

Indonesia’s Security Law is running slowly yet legislators have not taken initiative to renew the law. Applicable law regulates that guarantee functions to cover risk of bank’s losses in case of bad credits. This article proposes and examines new paradigm in security Law, such as Performance Guarantee, Digitization of Assurance, and Electronic Assurance. Digitization of collateral intended to guarantee credit by the object’s value, not physical. Value is entered into checking account at issuing bank, which can be secured electronically to the lender through SWIFT. Collateral e-cash guarantee can be conducted across borders, and suitable for regional and global financing.

Paper Citation

in Harvard Style

Nugroho B., Murwadji T., Affandi H. and Nahrowi. (2018). E-Cash Collateral: A New Global Paradigm of Security Law.In Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI, ISBN 978-989-758-458-9, pages 929-936. DOI: 10.5220/0009920209290936

in Bibtex Style

@conference{icri18,
author={Bambang Daru Nugroho and Tarsisius Murwadji and Hernadi Affandi and Nahrowi},
title={E-Cash Collateral: A New Global Paradigm of Security Law},
booktitle={Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,},
year={2018},
pages={929-936},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009920209290936},
isbn={978-989-758-458-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Recent Innovations - Volume 1: ICRI,
TI - E-Cash Collateral: A New Global Paradigm of Security Law
SN - 978-989-758-458-9
AU - Nugroho B.
AU - Murwadji T.
AU - Affandi H.
AU - Nahrowi.
PY - 2018
SP - 929
EP - 936
DO - 10.5220/0009920209290936