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Technology and the Evolution of Civil Law: Implications of Cryptocurrency Transaction Regulation Fitrah Wahyuddin; Sudirman Sudirman; Wahyudi Umar
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol 23, No 1 (2024): PENA JUSTISIA
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v23i1.3388

Abstract

This research investigates the regulatory implications of cryptocurrency transactions in the context of the evolution of civil law, including consumer protection, prevention of illegal activities, and maintenance of financial market integrity. The background of the research refers to the economic paradigm shift towards digital assets such as cryptocurrencies, which has changed the global financial transaction landscape. This research method involves a combined approach between civil law analysis, a literature study on blockchain technology, and a review of the latest regulations related to cryptocurrencies in Indonesia. The results show that the evolution of technology in cryptocurrencies has presented new challenges to conventional civil law. The unclear legal status of cryptocurrencies, security risks, and potential illegal use are significant concerns. The regulatory implications on cryptocurrency transactions in Indonesia illustrate the government's efforts to accommodate innovation while protecting the public interest. Some recommendations include a more collaborative approach between the government, the industry sector, and legal institutions to develop a regulatory framework that fits the characteristics of these technologies.
PROFIT AND LOSSES OF THE NICKEL DOWNSTREAM PROGRAM FOR THE INDONESIAN ECONOMY Hudjolly; Ahmad Rizani; Andri Triyantoro; Muhammad Lucky; Wahyudi Umar
INTERNATIONAL JOURNAL OF SOCIETY REVIEWS Vol. 2 No. 5 (2024): IN PRESS MAY
Publisher : Adisam Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

One of the hot and endless discussions is regarding Nickel Downstreaming in Indonesia. one of the parts assesses that the policy of stopping nickel ore exports has an effect on improving the Indonesian economy. Indonesia is one of the ten countries with the largest nickel reserves in the world. Nearly 4 million metric tons of the world's 80 million metric tons of nickel reserves are stored in Indonesia. With 5.74% of the world's total nickel reserves, Indonesia is ranked 6th in the world's largest nickel producer and Indonesia's nickel production increases every year. Indonesia to issue policy Regulation of the Minister of Energy and Mineral Resources Number 11 of 2019 concerning nickel downstreaming. Nickel downstreaming is an act of protectionism or limiting nickel exports in world trade. The purpose of this study is to analyze the reasons why Indonesia has taken protectionist measures against its nickel. This research is qualitative research with a descriptive approach. The Research use research data in the form of secondary data obtained from a number of credible sources such as scientific articles, books, and a number of other sources that are credible and commonly used in research. These data were analyzed using analytical tools with stages of data collection, data selection, data reduction and drawing conclusions.
PPAT's Obligation in Providing Free Services to Indigent People Ilham Ilham; Sudirman Sudirman; Wahyudi Umar; Ismi Fadjriah Hamzah
JURNAL AKTA Vol 11, No 2 (2024): June 2024
Publisher : Program Magister (S2) Kenotariatan, Fakultas Hukum, Universitas Islam Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/akta.v11i2.37247

Abstract

PPAT Temporarily must provide free services to people who are unable to obtain an Authentic Deed of land rights or property rights to flats, which is strong evidence in the legal process. However, existing regulations governing this matter can lead to multiple interpretations and incomplete documentation requirements, making it difficult for Land Deed Making Officials (PPAT) to fulfill their obligations. Therefore, the application of standardization by PPAT depends on the interpretation of each individual, because it is not regulated in applicable regulations. This study aims to analyze regulations, literature, and interviews with PPAT to find out how they fulfill their responsibilities. This research used normative legal research which reveals that misinterpretation is caused by two factors, namely the absence of criteria to determine a person's incompetence and the imprecise requirements to guarantee its accuracy. The conclusion show better provide services to the community, it is necessary to establish clear criteria and standards for individuals who are unable to carry out legal actions in the field of land and flats.
The Use of Artificial Intelligence in Dispute Resolution Through Arbitration: The Potential and Challenges Agus Agus; Sudirman Sudirman; Wahyudi Umar; Ahmad Rustan
SASI Volume 29 Issue 3, September 2023
Publisher : Faculty of Law, Universitas Pattimura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47268/sasi.v29i3.1393

Abstract

Introduction: The use of artificial intelligence (AI) in dispute resolution through arbitration has become an increasingly relevant topic in the legal world. AI can speed up the process of data collection, data analysis, and provide predictions and recommendations in dispute resolution. However, the use of AI also raises some challenges and risks that need to be overcome.Purposes of the Research: This paper intends to explore the potential of the use of Artificial Intelligence (AI) Technology in dispute resolution through arbitration, as well as the challenges and risks associated with its use. Methods of the Research: The research method used is normative research by analyzing various literature and regulations related to the use of AI in dispute resolution through arbitration. Results of the Research: The results showed that the use of AI in dispute resolution through arbitration can speed up the process and improve the accuracy of data analysis. However, its use also has challenges and risks such as the risk of error and the inability of AI to understand the legal nuances and human factors in the dispute resolution process. To minimize risks and ensure fairness and legal certainty in the dispute resolution process through arbitration, clear regulations and standards are needed in the use of AI. In addition, users and legal practitioners involved in the dispute resolution process through arbitration also need to improve understanding and knowledge of AI technologies.
Inconsistencies & Problems of Supreme Court Decision No. 26 B/Pdt.Sus-Arbt/2014 concerning Annulment of Arbitration Award Zurisman Zakaria; Sudirman Sudirman; Wahyudi Umar
Pena Justisia: Media Komunikasi dan Kajian Hukum Vol 23, No 1 (2024): PENA JUSTISIA
Publisher : Faculty of Law, Universitas Pekalongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31941/pj.v23i1.4158

Abstract

Arbitration awards are usually considered an efficient and effective way to resolve business disputes. However, just like an award in a court, an arbitral award may also be annulled if it meets the requirements mentioned in Article   70 of the Arbitration Law. This study aims to analyze the inconsistencies of the Supreme Court decision No. 26/Pdt.Sus-Arbt/2014 which annulled the arbitral award.  This research uses normative legal research methods by applying a statutory law approach and a case approach. Based on the results of the study, there are inconsistencies in the Supreme Court decision No. 26/Pdt.Sus-Arbt/2014 which annulled the BANI arbitration award No. 442/I/ARB-BANI/2012 by considering factors outside the contents of article 70 of the Arbitration Law. Observing this phenomenon, it is important to add articles that provide guidance on the use of reasons outside the contents of article 70 of Law No. 30 of 1999 in the annulment of arbitral awards, with the aim of providing legal certainty.