4. THE SOLUTIONS

To address the problems faced by developers and SMEs in the blockchain industry, some solutions that can be implemented are as follows :

• Increasing Understanding of Blockchain Technology : To overcome the lack of understanding of blockchain technology, efforts are needed to increase blockchain literacy through education and training about blockchain that can be accessed online and offline.

• Adopt Scalable Blockchain Technology : To overcome limitations in terms of scalability and transaction speed, it is necessary to adopt blockchain technology that can handle high transaction volumes and has fast processing times.

• Encouraging the development of clear regulations that are friendly to developers and SMEs : To address concerns about regulations, efforts should be made to promote the development of clear regulations that take into account the interests of developers and SMEs in the blockchain industry.

• Improving Access to Funding : To overcome difficulties in accessing funding, efforts need to be made to improve access to funding sources, such as through venture capital funding, business accelerator programs, and others.

• Encouraging Collaboration and Partnerships : To overcome fierce competition, efforts need to be made to encourage collaboration and partnerships between developers and SMEs in the blockchain industry. By working together, they can support each other in developing successful applications and businesses on top of blockchain technology.

By implementing these solutions, it is expected to facilitate the growth of developers and SMEs in the blockchain industry, thereby creating new innovations and increasing the adoption of blockchain technology in various industrial sectors.